Kelowna Real Estate Market

The Mayne team would like to take this opportunity to update you on what's been happening in the Kelowna marketplace. With the first quarter of 2008, The Central Okanagan Real Estate Market shows that there has been a decline in the units sold for the first quarter from last year and an increase in listings, the median and average house prices are still going up.

The Canadian Real Estate Association prepared a forecast in 2007 and predicted the national home sales activity across the country would break all previous annual records in 2007 before easing slightly in 2008. This appears to be what is happening in the Central Okanagan. Activity was forecast to edge slightly lower in 2008 and the average price increase should be smaller.

Okanagan Real Estate

The Okanagan Mainline Real Estate Board statistics show that we have moved into a market that is currently providing a good deal of variety and choices for the buyer. Not only do buyers have a greater supply of housing to choose from but they can be more selective in meeting their needs and wish lists.

Welcome to Kelowna, BC, Canada

Kelowna is the largest city in the Okanagan Valley with a population of 106,000 people. Kelowna boasts all the amenities of a major city - fine dining, unique shops, and a vibrant cultural life - yet orchards and vineyards thrive within a 10-minute drive of the downtown core. Breath taking views can be enjoyed from many areas in the Okanagan Valley from the comfort of home or from many hiking trails available throughout the valley.

Situated on the eastern shores of Okanagan Lake midway between Penticton in the south and Vernon in the North, Kelowna is a "four season playground." Okanagan Lake is perfect for swimming or boating on those hot summer days, and in the winter Kelowna is only a one hour drive from three major ski hills - Big White, Silver Star, and Apex offering the best snow conditions in the world.

Kelowna is the largest city in the Okanagan Valley boasting all the amenities of a major city - fine dining, unique shops and a vibrant cultural life.

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See Windows Media Player videos about the Maynes, Kelowna, and what our clients are saying about us...

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Kelowna, British Columbia has been rated "Most Cost Competitive Place for Business" by KPMG. The study measured 27 components such as labor, taxes and utility costs applied to business operations in Austria, France, Italy, Germany, the Netherlands, UK, Canada, U.S., and Japan.

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