Real estate sales climb in August

208 units sold in the North Okanagan in August, a 14.9 per cent increase from 181 units during the same month in 2013

  • Sep. 7, 2014 11:00 a.m.

Real estate activity remains strong.

There were 208 units sold in the North Okanagan in August, a 14.9 per cent increase from 181 units during the same month in 2013.

Total residential sales were up 15.2 per cent over last year, with 190 units sold compared to 165.  There were 110 single-family home sales, up 25 per cent from 88 in August 2013.

“Year-over-year and month-over-month, the Okanagan-Shuswap housing market continues to strengthen and has maintained a strong upward sales trend for the past six months as we make steady strides toward recovery,” said Darcy Griffiths, Okanagan Mainline Real Estate Board president.

“More buyer activity in the higher price range reflects the renewed confidence of B.C. consumers as our provincial economy improves and the return of Alberta buyers as they cash in on booming job opportunities and accelerated market values in their province.”