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Foreclosures in the Central Okanagan

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The number of MLS listings in the Central Okanagan for foreclosed homes has been rising in recent years, according to these estimates provided by local real estate agent Kent Jorgenson. (CBC)

Home foreclosures are on the rise in B.C.'s Central Okanagan in recent months, but local real estate agents disagree about who might be losing their homes.

There are more than 170 court-ordered sale properties on the market in the Central Okanagan, more than 10 times more than three years ago.

Real estate agent Jason Neumann says according to his estimates, in the last 30 days alone 60 new foreclosures were put on the market, and he calls it a disturbing trend.

Daybreak South host Chris Walker spoke to local real estate agents who disagree about who might be losing their homes.

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