December Survey Highlights: 25% of purchases were by Move Up Buyers, and 21.4% by First Time Buyers; 25% of Buyers were Couples Without Children, 21.4% Two Parent Families With Children, 16.1% were Single Females, 14.3% Empty Nesters/Retirees, and 14.3% Single Males; 55.4% financed via Conventional Mortgage (with more than 20% down), 23.2% by High Ratio Mortgage (less than 20% down, and 19.6% paid by Cash; 56.1% were from Within OMREB Board Area, 14% from Alberta, and 10.5% were from Lower Mainland/Vancouver Island; 50.9% of purchases were in Kelowna/West Kelowna, 22.8% in Vernon/Coldstream, and 5.3% in Salmon Arm.
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