the kelowna rennie review | July 2025
Jul 17, 2025
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Sales in the first half of 2025 were higher than last year in the Central Okanagan, despite major economic and political headwinds. Renewed tariff threats could continue to weigh on sales and consumer confidence in the second half of the year.
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 division comprises our head economist, market analysts, and data scientists. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. 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 supports a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Kelowna, Victoria, Seattle, and Coachella Valley marketplaces. Their thoughtful and objective approach embodies the core values of rennie.
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The US has announced new tariffs on Canada and other countries, even as Canada actively negotiates a new trade and security agreement with its historically close ally. Meanwhile, the Vancouver Region is on pace for the third-fewest sales in 20 years.
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