
The latest Kelowna Real Estate Buyers Survey Results are now out, for October 2020.
There were fewer First time Buyers last month, but more people 'moving up' and downsizing.
Here is the full report.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 13.98% (18.98% )
Revenue Property Investor – 10.38% (9.3%)
Moving Up – 22.03% (19.35%)
Similar Property Type – 20.34 % (18.98%)
Downsizing – 14.41% (10.25%)
Single family Res to Strata – 5.30% (4.55%)
Recreational Property – 8.05% (11.39%)
Retirement Community – 0.42% (2.85% )
Strata to Single Family – 2.54% (4.55%)
Describe the Buyer (family dynamic):
Couple without children – 23.54% (24.48%)
Two-Parent Family/children – 25% (28.44%)
Empty nesters or retired – 24.79% (19.77%)
Single female – 11.88% (13.56%)
Single male – 9.58% (10.73%)
Single parent with children – 2.92% (2.26%)
How did Buyer finance...