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January Okanagan House Sales Up, Inventory Down

Feb 7, 2017 | 10:56 AM

Residential house sales in the Okanagan from Revelstoke to Peachland were 5.6% higher than the same month a year ago, but inventory was down 30%.
Fewer available homes drove the average price up to $439,472,  21% higher than January of 2016.
Most sales came from interior residents upgrading with 20% of sales first time buyers.
Albertans overtook Lower Mainland/Island buyers as outsiders moving here.