August 2022 update
Our inventory is increasing pushing us into a more balanced market.
Where do the Buyers come from?
Jan 2022 Association of Interior REALTORS: I think this is the first month where Investors are the largest group of Buyers in the Interior. 84% of the buyers come from BC, 8% from Alberta, 7% from the rest of Canada, and 1% are foreign investors.
OMREB October 2020 Summary
Jan 2022: What a start to the year! Sales are down but only because inventory is drastically down. Prices continue to rise... and RE/MAX Canada is predicting that Canadian prices are going to increase 9.3% in 2022.
Where do the Buyers come from?
Oct 2021 Association of Interior REALTORS: A lot of people believe that foreign buyers are what's driving our market but this data shows that as usual, the majority of buyers come from within our own real estate board area, followed by the lower mainland and BC in general - 84% . Albertans are 8% of [...]
Where do the Buyers come from?
Association of Interior REALTORS: A lot of people believe that foreign buyers are what's driving our market but this data shows that as usual, the majority of buyers come from within our own real estate board area, followed by the lower mainland and BC in general. Albertans have increased to 10% of our buyers, followed [...]
Home Sales by Region
Quite the dramatic chart both in the downward crash and the amazing, unexpected soaring sales!Where do the Buyers come from?
OMREB Q3 2020 Summary: As usual, the majority of buyers come from within our own real estate board area, followed by the lower mainland and BC in general. I kind of thought more Albertans had moved here but only 8% of our sales are to Albertans.
OMREB October 2020 Summary
OMREB October 2020 Summary: Who would have know that Sales, Price & Benchmark Price's would be up so dramatically with dramatically lower inventory levels? It's been a whacky year that's kept us on our toes! Condo's are bucking the trend with higher inventory levels, increased sales and prices.