Omreb

Solid consumer confidence drives strong Okanagan housing market

OKANAGAN - As goes the weather, so goes real estate activity, according to the Okanagan Mainline Real Estate Board, which is reporting a cooling of sales in September after a robust summer. The Central Okanagan and Shuswap markets continue to strengthen and see an improvement year-to-date over last year,” board president Christopher Miller says in...

February home sales best in years says real estate board report

KELOWNA – After a disappointing start to 2015, the Okanagan Mainline Real Estate Board is reporting a 34 per cent improvement in home sales in February compared with the same month in 2014. “After a more than usual slowdown in January, Okanagan-Shuswap home sales rallied along with consumer confidence during February despite weaker economic conditions...

Biggest jump in Okanagan real estate sales in seven years

OKANAGAN – Real estate sales across the Okanagan had the biggest jump in seven years last December, according to the Okanagan Mainline Real Estate Board. Overall the region saw sales increase 24 per cent during the last month of 2014, with apartment sales up a massive 42 per cent over the previous year. Townhouse and...

Housing sales continue to rise

KELOWNA – The housing market in the Kelowna and Vernon areas shows no signs of slowing down with sales up fifteen per cent in October compared to the same month in 2013. Numbers released by the Okanagan Mainline Real Estate Board show a jump of fourteen per cent in the Central Okanagan and twelve per...