MARKET UPDATE APRIL 2014

WHO'S BUYING WHAT?
CHECK OUT THE LATEST MARKET ACTIVITY FOR THE SUNNY OKANAGAN!

The Alberta market is active and prices are on the rise.

Prince George market is moving!

The results of OMREB's APRIL 2014 Buyers Survey are now in and posted! 

 

 

APRIL SURVEY SUMMARY
Property Type:
28.7% of purchases were by Move-Up Buyers (up from 24.7% in March) *
21.1% by First Time Buyers (down from 22.3%)
10.6% moving from Single Family Home to Strata Unit (down from 11.6%) 
9.9% buying Recreation Property (up from 7.4%) *
9.6% buying Revenue/Investment Property (up from 7.0%) *
6.3% moving into Retirement Home/Seniors Community (up from 4.2%) *
3.6% moving from Strata property to Single Family Home (up from 2.8%) *

* During the month of April, there was an increase in purchases by move-up buyers, and those moving into retirement/seniors communities and from strata properties to single family homes, 

as well as recreation and revenue properties, compared to the previous month.

Nancy Venditello

Nancy Venditello

Sales Representative
CENTURY 21 Executives Realty Ltd.
Contact Me

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