📈 Kelowna Real Estate Market Heating Up – October 2024 Update 📈

The Kelowna real estate market picked up some steam in October! With a 42% sales surge and a significant mortgage rate drop, October brought big surprises for buyers and sellers. Are we finally hitting the market bottom? And what does this mean for buying a home in Kelowna or selling your property? In this video, we’ll cover October’s latest real estate stats, key trends, and predictions to guide you in today’s shifting market.

Why You Should Watch:

Active Listings: Down 6%, while sales jumped by 42% – what’s causing this shift?
Months of Inventory: Dropping fast, signaling a potential turn towards a seller’s market.
Sales Volume: Reaching levels usually seen in spring, showing renewed buyer confidence in Kelowna real estate.
Mortgage Rates: Down by 0.5% and possibly more to come – what this means for affordability in Kelowna.
💡 Is now the right time to buy, sell, or invest in Kelowna real estate? This must-watch update gives you the insights you need to stay informed and make the best decisions in this changing market.

Video Chapters:
00:00 Introduction to the Kelowna Real Estate Market
00:57 Active Listings and Sales Surge – What’s Happening?
02:50 Sales Volume and Market Trends
05:35 Mortgage Rate Drops and Their Market Impact
06:35 Conclusion and Market Predictions
👉 Get exclusive weekly updates on the Kelowna real estate market, upcoming mortgage rule changes, and tips for home buyers and sellers. Sign up here: [ Ссылка ] 📩

What do you think? Have we reached the market bottom, or is there more to come? Comment your prediction below! 👇

Contact: Mark Coons
📞 778-744-0872
Personal Real Estate Corporation
Selling Kelowna Real Estate Group | eXp Realty

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