What’s Happening At Royal Lepage Kelowna

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Here at Royal LePage Kelowna, our purpose is to make good things happen for people. Helping You is What We Do™. The real estate market in the Central Okanagan in 2015 was another fantastic year and 2016 should be no different. Listings were up 2.55% for the year but start the year almost 8% lower than this time last year. One of the keys to agents success this year will be listings and having the inventory. Sales were up almost 8% over the previous year and the demand for product from buyers in 2016 remains high. The recent changes in down payments of 5% down up to $500,000 and 10% down over $500,000 may or may not have an impact on an already strong market.