Wednesday, 16 May 2012

Kelowna Real Estate Buyers Survey Results for April 2012 are now out!

Hi All,

The latest Buyers Survey report has now been published by the Okanagan Real Estate Board.

As you can see local buyers are continuing to dominate the market , and many of them are taking advantage for the great prices, here in the valley and the continuing low interest rates.



APRIL Buyers Survey Results!


A total of 192 respondents participated in this survey – representing 58% of the 333 OMREB sales representatives who acted as Buyers Agents and 38% of the 507 deals closed on behalf of Buyers in April.


APRIL SURVEY SUMMARY
Property Type:
31.0% of purchases were by Move-Up Buyers
17.6% by First Time Buyers
16.6% moving from Single Family Home to Strata Unit
10.7% buying Revenue/Investment Property
4.8% purchasing Recreation Property
4.3% moving into Retirement Home/Seniors Community
3.2% moving from Strata property to Single Family Home

Buyer Type (Family Dynamic):
30.4% Two parent family/children
27.7% Couple without children
16.8% Empty Nesters/Retired
11.5% Single Female
9.4% Single Male
3.7% Single Parent with children
Moving From:
58.6% from Within OMREB Board Area
19.4% from Alberta
7.9% from Lower Mainland/Vancouver Island
6.8% from Other Areas in BC
4.2% from Eastern Canada/Maritimes
2.1% from Outside Canada
1.0% from Saskatchewan/Manitoba
0% from NWT/Yukon (8th month reported)


Kind Regards
Trish Cenci
Tel 250 864 1707
Email trishcenci@shaw.ca

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