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the kelowna rennie review | October 2023

Central Okanagan's housing market sees sharp sales drop amid rising listings. High interest rates continue impacting trends in September.
October 15, 2023

The Central Okanagan’s housing market bucked seasonal trends in September, with sales falling sharply alongside growing listings as high interest rates continue to impart an outsized impact.

The Kelowna rennie review is a monthly report that presents MLS data for detached homes, townhomes, and condos in the Central Okanagan region, the City of Kelowna, Downtown Kelowna, and West Kelowna.

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.