Found 1 blog entry tagged as first-time homebuyers.

First-Time Buyer

Tips for Summer 2025 in Kelowna

Thinking about buying your first home in Kelowna this summer? Here's what first-time buyers need to know—based on the latest numbers from May 2025.

1. Inventory Is Working in Your Favour

Inventory continues to climb across all property types, giving buyers more choice and more time. As of May, there were over 3,400 active listings in the Central Okanagan—a steady rise since earlier this spring.

Why it matters: More listings mean more leverage. Buyers have breathing room to shop, compare, and negotiate.

2. Detached Homes Are Selling, But Without the Rush

Detached home sales rose 3.2% year-over-year in May, with 450 homes sold. The average price increased 8.75% YoY to $1,150,234. Days on…

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