Welcoming the New

Welcoming the New

Mar 8, 2023 | Finance, Local, Real Estate

The Okanagan – Canada’s best-kept secret for decades – has been on the map for a few years now thanks to our incredible lifestyle, weather, and real estate opportunities to name a few. With Canadians shifting their priorities throughout the pandemic lockdowns, seeking greater access to the outdoors, a more spacious quality of life, all the while wanting options for city-like amenities and shopping, Kelowna is now booming with new commercial and residential opportunities.

Market activity over the last few years tells an unparalleled success story for our community; and while many national markets have experienced volatility in recent months, the valley continues to thrive and property valuations continue to remain strong. Now that restrictions have been put in place to discourage foreign buying and ownership, and with the proposed launch of a first-time buyer tax-free home savings account, there’s never been a better time for Canadians to invest in the Okanagan and take part in the lifestyle we’ve grown so fond of. 

This newly-proposed option for first-time buyers would allow up to $40,000 of tax-free savings towards a home purchase, creating an incredible opportunity for those looking to enter this competitive marketplace. With the Okanagan growing at a noticeable pace, there’s never been a better time to secure a property investment in our flourishing community.

Looking to make a move but aren’t sure where to start? Let’s start talking strategy to make sure you’re successful and satisfied with your investment in Kelowna real estate. I’d love nothing more than to share what I’ve learned over the last 20+ years to ensure you can make a confident and informed decision 🙂 

Additional Reading

Anchored in Success

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While New Year celebrations slide into the rear-view, the year ahead begins to set its course. With plenty of speculation about whether or not the housing market would endure post-pandemic conditions, things continue to look up in Okanagan real estate. As new market...

The Future is Bright

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    As we near the end of the year, many are speculating about what lies ahead for the Okanagan real estate market. Despite many projections pointing to a decline, it’s important to remember how much context can affect these statements. Over the last two...

Weathering the Storm

Weathering the Storm

    Kelowna continues to thrive as the Canadian housing market cools down. Despite “short term uncertainty” in Okanagan real estate, luxury housing, waterfront lots, residential land, and new developments are clear indicators of market prosperity heading...

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