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Photo: The Canadian Press
Kelowna apartment and condominium sales plunged in September, leaving observers wondering if it was an anomaly or the beginning of a trend.
The number of apartment and condominium sales dropped six per cent in September in Kelowna, with only 88 transactions. This brought sales numbers in line with the 10-year average and left the situation teetering between a buyers’ and balanced market, according to a press release from The Krieg Family of real estate agents.
“It’s too soon to call this normal or a trend, but we’ve seen similar dips earlier this year that were ‘one-offs.’ I do not see this as the beginning of the end for apartment/condos,” according to the press release.
For more on this story, visit Okanagan Edge.
