Real estate activity ended on a slow note for 2015 in the North Okanagan.
Overall property sales for December were down 23 per cent to 86 units compared to 112 during the same month in 2014.
Sales activity year-to-date was down 4.7 per cent to 1,897 units compared to 1,991 during 2014.
“The North Okanagan has edged lower largely as the result of a weaker Alberta economy,” said Christopher Miller, Okanagan Mainline Real Estate Board president.
Total residential sales were down 18 per cent in December to 77 units compared to 94 units in December 2014, and were down 3.6 per cent year-to-date from 1,767 to 1,703.
Single home sales for December were down 8.5 per cent from 47 to 42 and year-to-date, down 7.8 per cent from 1,017 to 937.
Average days to sell a single-family home in the North Okanagan was 103 days in December compared to 130 in 2014, while homes sold in 87 days on average year-to-date compared to 104 during the same period in 2014.
