British Columbia has lifted the cap on supply. If supply catches up, even a bit, will prices moderate?
All in Okanagan
British Columbia has lifted the cap on supply. If supply catches up, even a bit, will prices moderate?
High mortgage rates weigh on the market
Forest fires and high mortgage rates weigh on the market
Short term relief for tenants could cause problems in the long run
Two year outlook for Okanagan and BC Interior home values
With so many market headwinds, the risk that this is a pause in the correction is higher.
Okanagan Valley home values are rising across all categories.
Work-from-home has allowed people to leave Vancouver to come to the Okanagan.