December 9, 2018

November saw residential sales posted to the Multiple Listing Service (MLS®) drop to 459 for the Peachland to Revelstoke region, a 28% decline from the previous month and 24% fewer sales than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).


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Although short-term rentals are not currently allowed in residential zones in Kelowna, interest in allowing short-term rentals is growing. This trend has potential impacts on the local community, including reducing availability of long-term rental housing and potential...

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