Sales in the Central Okanagan through the first five months of this year are trending at one their lowest levels in more than a decade. Despite this, overall supply-demand conditions in May were the tightest they’ve been in years, with the months of inventory metric reaching a nearly three-year low. This is a direct function of what has been happening with active listings, which were down considerably from the highs of 2025.
The kelowna rennie review is a monthly publication that includes our take on the latest MLS data for Kelowna. In addition to presenting neighbourhood-level stats, it includes information on current rennie projects, a selection of featured listings, and insightful commentary on how and why the market is changing.
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.
