Real estate prices in the Central Okanagan are cooling off.
This, according to a recent monthly report by the Okanagan Mainline Real Estate Board (OMREB).
READ MORE: Okanagan real estate market heads into spring
In other regions, North Okanagan real estate prices increased by 3.9 per cent to $468,785 over the month. Active regional listings declined by 10.1 per cent to 1,360 homes during the same timeframe.
Following similar trends, house prices increased as well in the Shuswap/Revelstoke area. Home prices increased by 2.8 per cent to $409,519 over the month and active regional listings decreased dramatically by 15.1 per cent to 946 homes.
In other statistics, all three regions saw increases between 3.8 and 28 per cent over the month for the average amount of days it took for a home in each respective region to sell.
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