With the smoke cleared from the Okanagan, September might have been expected to bring back some of the activity deferred in August. Instead, sales in the Central Okanagan remained subdued and fell further behind last year's pace. Sellers were similarly hesitant, with new listings posting their steepest decline from year-ago levels in 2026. The result was the region's softest supply-demand balance since January, with all three home types in buyers' market territory.
The kelowna rennie advance is a summary of the latest sales, listings, and price trends in the Central Okanagan. It is produced at the beginning of each month and it reflects the latest market data.
Our rennie intelligence team comprises our chief economist, senior demographer, market analysts, and business intelligence analysts. Together, they empower individuals, organizations, and institutions with data-driven market insights and analyses. Experts in real estate dynamics, urban land economics, the macroeconomy, shifting demographics, and data science, their industry-leading data acquisition, analytical systems, and strategic research support a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Victoria, Kelowna, Seattle, Coachella Valley, and San Diego markets. Their thoughtful and objective approach embodies the core values of rennie.