News

Residential sales climb

There’s been a slight upswing in the North Okanagan’s real estate market.

Overall sales for July were up by 18.69 per cent compared to 2010 (from 107 to 127), with sales volumes at $49.3 million compared to $39.9 million last year.

However, sales dipped three per cent from the 131 units sold during June.

While total residential sales for July rose by 12.62 per cent compared to July 2010 (from 116 to 103), single-family sales jumped 33.33 per cent over last year (from 51 units to 68).

“Some market segments are holding their own in the Okanagan-Shuswap while others like the recreation and investment segments are down,” said Darcy Griffiths, with the Okanagan Mainline Real Estate Board.

“We are hopeful the current warm weather and influx of potential out-of-town buyers will result in modest gains during August.”

 

 

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Premier making a stop in Vernon
 
VIDEO: Ottawa hero Kevin Vickers receives standing ovation in House of Commons
 
VIDEO: Witnesses describe scene at Parliament Hill; Raw footage of Ottawa shootings
Grand reopening for the thrift shop
 
Aaron Cosbey
 
Prince Rupert SPCA projecting $175,000 deficit
Strong wind blows down tree in Nelson
 
Nelson hires new fire chief
 
Penticton rolls out the red carpet for WestJet

Community Events, October 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Oct 22 edition online now. Browse the archives.