Vancouver, Toronto, Victoria and other cities are places with high prices, high taxes and are making more and more young people with small families decide to move to places with lower prices. At the same time international investors are also looking to the small and medium-sized cities. Kelowna is the fastest growing city in BC, the…
It is interesting to see the mainstream media reporting on topics that we at Letnick Estates already predicted would be happening in 2017. A recent news article from CBC News (Link Here) talks about the differences of what you can purchase in the Okanagan compared to larger cities like Vancouver. Many people from all over the…
Residential sales in Kelowna BC for January 2017 were roughly 5.6% higher than January of 2016. We also had roughly 30% lower inventory in the Okanagan for January 2017 than we had in January 2016 (Based on statistics from Jan 2017 provided by the Okanagan Mainline Real Estate Board). When you look at the number…