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Old Posted Apr 10, 2017, 6:34 PM
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240glt 240glt is offline
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Join Date: Sep 2006
Location: YEG -> -> -> Nelson BC
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Quote:
Originally Posted by sunsetmountainland View Post
I suppose it is different in certain areas of the Interior because the news I have been reading says the same that there is not enough on the market for the demand from the buyers. Perhaps Vernon is in a different situation?

For both Kamloops and Kelowna the news seems to be pretty much the same.

https://www.kamloopsthisweek.com/low...ales-kamloops/

https://www.castanet.net/news/Kelown...or-home-buyers
In the Okanagan the vacation market and the residential market are really two separate entities. not really sure what the inventory levels should be in a balanced market so can't say it it's unbalanced right now or not

The high end/ lake view/ 2nd home market is totally different from the regular market in that area, so the factors driving sales are quite a lot different
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