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Personal Real Estate Corporation

July 2024 Market Stats

The month of July we are seeing an uptick from this time last year in four metrics in the South Okanagan. Units sold up 8.3% to 182, volume up 8.9% to $122.7M, active listings up a whopping 36.9% to 1,531 and new listings up slightly 0.8% to 361. It's still a buyers market and an anticipation of the Bank of Canada lowering interest rates, this could be the time to look at buying.