Property Type:
28.7% of purchases were by Move-Up Buyers 
18.9% by First Time Buyers 
12.8% buying Revenue/Investment Property (up from 8.4% in October)*
10.4% moving from Single Family Home to Strata Unit
9.1% purchasing Recreation Property (up from 7.3% in October)*
4.3% moving from Strata property to Single Family Home 
3.7% moving into Retirement Home/Seniors Community (up from 2.8% in October)*

* During the month of November, there was a jump in the sales of Revenue/Investment and Recreation Properties, and an increase in Seniors moving to Retirement Communities compared to October – as noted above. Other categories remained at similar levels to the previous month.

Buyer Type (Family Dynamic):
27.1% Couple without Children 
27.1% Two Parent Family/Children (up from 18.6% in October)**
19.4% Empty Nesters/Retired  (down from 24.0% in October)**
10.0% Single Female (down from 14.8% in October)**
8.8% Single Male (down from 16.4% in October)**
5.3% Single Parent with Children (up from 3.8% in October)**

** In November, there was a significant increase in purchases by Two Parent Families with Children, and by Single Parents compared to October – as noted above, while other categories saw decreases or remained at similar levels as the previous month.

Moving From: 
57.6% from Within OMREB Board Area  
11.6% from Alberta  (down from 14.3% in October)***
10.5% from Lower Mainland/Vancouver Island  (down from 13.7% in October)***
9.3% from Other Areas in BC (up from 8.8% in October)***
4.1% from Saskatchewan/Manitoba (up from 0.5% in October)***
3.5% from Outside Canada (up from 2.2% in October)***
2.9% from Eastern Canada/Maritimes 
0.6% from NWT/Yukon (15th month reported)

*** Compared to October, there was less migration from Alberta and the Lower Mainland/Vancouver Island in November, but more movement from other areas of BC, Saskatchewan/Manitoba, and outside Canada -- as noted above.

Information provided by www.omreb.com

Below the are October Real Estate Stats provided by www.omreb.com. 

Great news, sales were up 6%!! Call the Dion-Ivans Group today for more information...

Click below to see the Kelowna highlights. Prices are projected to go up slightly and sales are also expected to rise. Great news for Kelowna!! Call the Dion-Ivans Group today for more info...

Property Type:
27.6% of purchases were by Move-Up Buyers (maintaining - 26.6% in August)
21.2% by First Time Buyers (up from 16.2% in August)*
15.4% purchasing Recreation Property (maintaining - 15.3% in August)
10.3% moving from Single Family Home to Strata Unit (up from 8.6% in August)*
7.1% buying Revenue/Investment Property 
3.2% moving into Retirement Home/Seniors Community 
2.6% moving from Strata property to Single Family Home(maintaining - 2.7% in August)

* During the month of September, there was a noticeable jump in sales to First Time Buyers and to Purchasers of Strata Units (moving from Single Family Homes) compared to August – as noted above. Other types maintained similar numbers from the previous month.

Buyer Type (Family Dynamic):
22.6% Two Parent Family/Children 
23.3% Empty Nesters/Retired  (maintaining - 24.6% in August)
23.3% Couple without Children (up from 20.5% in August)**
18.2% Single Male (up from 11.6% in August)**
12.6% Single Female (up from 6.3% in August)**
1.9% Single Parent with Children

** In September, there was a significant increase in purchases by Couples without Children, Single Males and Single Females (12.6% from 6.3%) compared to August – as noted above. 

Moving From: 
50.9% from Within OMREB Board Area 
21.4% from Alberta (up from 19.1% in August)***
10.7% from Lower Mainland/Vancouver Island (up from 9.8% in August)***
6.9% from Other Areas in BC (up from 4.9% in August)***
6.3% from Saskatchewan/Manitoba (up from 2.7% in August)***
1.9% from Outside Canada  
1.3% from Eastern Canada/Maritimes 
0.6% from NWT/Yukon (13th month reported)

*** Compared to August, there was more migration from Alberta, the Lower Mainland/Vancouver Island, other areas of BC and Saskatchewan/Manitoba – as noted above.

Information provided by www.omreb.com 

Property Type:
26.6% of purchases were by Move-Up Buyers
16.2% by First Time Buyers
15.3% purchasing Recreation Property  (up from 9.7% in July)*
9.9% buying Revenue/Investment Property 
8.6% moving from Single Family Home to Strata Unit
6.8% moving into Retirement Home/Seniors Community (up from 3.9% in July) *
2.7% moving from Strata property to Single Family Home

* During the month of August, there was a noticeable jump in sales to Buyers of Recreation Property (15.3% compared to 9.7%) and to Purchasers of Retirement Home/Seniors Community Units (6.8% compared to 3.9%) over July.

Buyer Type (Family Dynamic):
33.0% Two Parent Family/Children (from 26.4% in July)**
24.6% Empty Nesters/Retired  
20.5% Couple without Children 
11.6% Single Male
6.3% Single Female 
3.6% Single Parent with Children

** In August, there was a significant increase in purchases by Two Parent Families with Children -- 33.0% compared to 26.4% in July.

Moving From: 
58.7% from Within OMREB Board Area  (47.2% in July)***
19.1% from Alberta 
9.8% from Lower Mainland/Vancouver Island 
4.9% from Other Areas in BC 
2.7% from Saskatchewan/Manitoba 
2.2% from Eastern Canada/Maritimes 
1.3% from Outside Canada  
1.3% from NWT/Yukon (12th month reported)

*** Compared to July, there was more movement within the Board Area in August -- rising to 58.7% of purchases from 47.2% in the previous month.

Information provided by www.omreb.com. 

Property Type:
22.8% of purchases were by Move-Up Buyers
19.9% by First Time Buyers
13.1% moving from Single Family Home to Strata Unit
10.7% buying Revenue/Investment Property (up from 6% in June)*
9.7% purchasing Recreation Property  (up from 7.6% in June)*
4.4% moving from Strata property to Single Family Home 
3.9% moving into Retirement Home/Seniors Community

* During the month of July there was a significant jump in sales to Buyers of Revenue/Investment Property (10.7% compared to 6%) and Recreation Property (9.7% compared to 7.6%)  over June.

Buyer Type (Family Dynamic):
26.4% Two Parent Family/Children
24.5% Empty Nesters/Retired  (up from 16.7% in June)**
19.9% Couple without Children 
16.7% Single Female (up from 13.5% in June)**
10.2% Single Male
4.6% Single Parent with Children

** In July, there was a significant increase in purchases by Empty Nesters (24.5% compared to 16.7%) and Single Females (16.7% compared to 13.5%) over June.

Moving From: 
47.2% from Within OMREB Board Area
19.4% from Alberta (up from 13% in June)***
13.4% from Lower Mainland/Vancouver Island 
9.7% from Other Areas in BC 
4.6% from Eastern Canada/Maritimes (up from 2.1% in June)***
2.3% from Saskatchewan/Manitoba 
1.9% from Outside Canada  
1.4% from NWT/Yukon (11th month reported – up from 0% in June)***

*** Compared to June, there was more migration from Alberta(19.4% of purchases compared to 13%),  Eastern Canada and the Maritimes (4.6% compared to 2.1%), and from the North West Territories and Yukon (1.4% compared to 0%) during the current reporting month (July).

Below are the results of the Central Okanagan Buyers Survey:

Property Type:
29.3% of purchases were by Move-Up Buyers
22.8% by First Time Buyers
16.8% moving from Single Family Home to Strata Unit
7.6% purchasing Recreation Property  
6.0% buying Revenue/Investment Property
5.4% moving from Strata property to Single Family Home 
4.3% moving into Retirement Home/Seniors Community

Buyer Type (Family Dynamic):
31.8% Two parent family/children
20.8% Couple without children 
16.7% Empty Nesters/Retired 
13.5% Single Female
13.0% Single Male
4.2% Single Parent with children

Moving From: 
55.4% from Within OMREB Board Area
13.0% from Alberta
12.4% from Lower Mainland/Vancouver Island  (up from 7.7% in May) *
10.4% from Other Areas in BC 
3.6% from Saskatchewan/Manitoba  (up from 0.9% in May) *
3.1% from Outside Canada  (1.4% in May)
2.1% from Eastern Canada/Maritimes
0% from NWT/Yukon (10th month reported)

Information provided by www.omreb.com