Demand from International Investors & Domestic Buyers to Sustain Luxury Real Estate Market in BC

Interesting Read on Luxury Real Estate in BC.

We have started to see out of town investors returning to the Kelowna Real Estate market, during the last month.

"Even and yet the new run-up in prices of upper-end properties in British Columbia and the major appreciation in the Canadian dollar have weakened demand for comfort real-estate in the population, the upper-end market still remains quite strong. Demand is coming from several classes of investors and provincial homebuyers who are trading up their residences. The financial reflection, coupled with the repossession in energy, expensive metals, and commodity prices will likely revive demand for upper-end real-estate in the country. "

Read more at travel.boomerdomain.com

Kind Regards

Trish Cenci

Tel 250 864 1707

Coldwell Banker Horizon Realty