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Residential sales for July continued to climb with an increase of 38% compared to June totaling 1,094 units across the region of Revelstoke to Peachland, up 35% compared to this time last year, reports the Okanagan Mainline Real Estate Board (OMREB). 

New residential listings remained the same as last month clocking in at 1,494 new listings yet saw an 18% increase over the same time last year. The overall number of active listings however fell off 2% over June’s inventory of 3,962 and remained 14% lower compared to last year July’s inventory of 4,527. 

To Help Serve You Better …all the information you need to make the right choices that benefit you. A home is so much more than four walls and a roof. And for most people it represents the biggest purchase they’ll ever make. Buyers and Sellers are on separate sides of the fence when it comes to home sales. A Buyer wants a steal deal on property while the Seller wants top dollar. They still share the same ultimate goal..They want a sale.Having a concerned and objective third party …like a Realtor, will help you stay focused on the issues most important to you.