the Kelowna rennie review | July 2023

Sales counts slowed in the Central Okanagan in June after a spring surge, while supply grew. With the arrival of summer and the Bank of Canada raising interest rates once again, balanced conditions are likely already here.

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.