Pretty sharp departure from the overheated market that dominated the interior for a number of years
Real estate sales forecast slow across Okanagan
Don’t expect a real estate boom in 2019 and 2020, says a CMHC report.
Taylor Pardy, a B.C. market analyst with Canadian Mortgage and Housing Corporation, said the Okanagan overall will see a slowdown in housing sales and price growth due to rising mortgage interest rates and slowing population growth.
Pardy said the market characteristics for Kelowna are about the same for the South and North Okanagan as well
https://www.vernonmorningstar.com/ne...ross-okanagan/