Real estate declines

Overall property sales for June edged back 5.6 per cent to 221 units compared to 234 last year

Real estate activity in the North Okanagan has slowed.

Overall property sales for June edged back 5.6 per cent to 221 units compared to 234 last year at this time. Year-to-date sales activity dipped 1.2 per cent to 963 units compared to 975 during the first six months of 2014.

According to the Okanagan Mainline Real Estate Board, total residential sales dipped 7.9 per cent in June to 197 units while there were 214 in 2014. Single-family home sales slipped 11.6 per cent over last June (to 107 from 121), while the sale of townhouses remained at the same level as 2014 (31 units).

 

Vernon Morning Star