Who is buying homes in the Okanagan and where are they from...

OMREB - JANUARY BUYER SURVEY SUMMARY (Central Okanagan)


Property Type:

23.6% by First Time Buyers
16.7% of purchases were by Move-Up Buyers
16.7% buying Revenue/Investment Property
6.1% moving from Single Family Home to Strata Unit
4.4% moving into Retirement Home/Seniors Community
4.4% Recreation Property Buyers
4.4% moving from Strata property to Single Family Home

Buyer Type (Family Dynamic):

28.6% Two parent family/children
23.5% Couple without children
14.3% Empty Nesters/Retired
13.4% Single Female
13.4% Single Male
4.2% Single Parent with children

Moving From:

64.7% from Within OMREB Board Area
10.9% from Alberta
10.9% from Lower Mainland/Vancouver Island
10.1% from Other Areas in BC
1.7% from Saskatchewan/Manitoba
0.8% from Eastern Canada/Maritimes
0.8% from Outside Canada
0% from NWT/Yukon (fourth month reported)

Data assumed to be accurate but not guaranteed. Sample size +/- 119

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