Where To Go Next?

As we start getting ready to say goodbye to 2024 there’s plenty of curiosity about what the Kelowna real estate market is going to look like in 2025 - and with good reason! This year we saw so many changes take place that had significant impacts on our local market,...

Winter Buyer’s Market Ahead

As of this month, Kelowna remains one of Canada’s most profitable and prosperous real estate markets, trailing only behind the Greater Vancouver area. But, with the Bank of Canada reducing its overnight mortgage rate to 3.75% on October 23rd and new construction...

Mortgage Rate Debate

Over the last ten years, Canadian mortgage rate fluctuations have had significant impacts on the Kelowna real estate market. This year we’ve already seen the Bank of Canada reduce mortgage rates twice, bringing the current overnight rate down to 4.5% - and it’s got a...
All Together Now

All Together Now

    My friends. I hope you and your families are all staying safe and taking care during these difficult times our community’s been faced with. Since most of us are being asked to stay home with some financial assistance provided for BC renters, BC workers,...

Rise & Shine

Rise & Shine

    Can you feel that warm spring sun finally coming out?! With a bit of luck, winter should finally be behind us; which means summer is just around the corner. This year has already been off to a great start, with our first month reporting a year-over-year...

Budding Success

Budding Success

    While it’s still early to tell what the rest of the year’s market activity will look like, one thing’s for sure - 2020 is off to a great start, setting up the spring market perfectly.  It’s reported that there was an over 23% increase in average market...

Cold Weather, Hot Market

Cold Weather, Hot Market

    While 2019 may have been off to a slow start, we certainly ended it strong. With lower inventory and higher sales than December last year, the market is looking a lot warmer than the weather heading into this new decade. All this, and the fact that homes...

A Bright Year Ahead

A Bright Year Ahead

    With a white Christmas around the corner (yay!), it’s time to talk about 2020 and what to expect in real estate this coming year. In retrospect, 2019 was shockingly consistent considering the many happenings throughout the year a change in mortgage...

Election Impacts on Housing

Election Impacts on Housing

    Following the recent federal election, many of you are probably wondering what’s in store for the housing economy in the coming years. While we saw an uptick in home sales in September, the question of sustainable growth continues to pop up, among things...

Housing Prices Starting to Stabilize

Housing Prices Starting to Stabilize

    Earlier this year the government introduced the Speculation Tax in an attempt to slow the accelerated housing price growth in the province of BC. Now, several months after this regulation was implemented, reports are claiming that, as of July, the...

Active Listings on the Rise!

Active Listings on the Rise!

    Last month, the Bank of Canada announced that they would be lowering the mortgage qualifying rate for the B-20 Stress Test in hopes that it would allow more people to access the real estate market. This good news came after the BC Real Estate...

250-470-0377