Latest Real Estate Market Report Kelowna: August 2017

Latest Real Estate Market Report Kelowna: August 2017

Much has happened on the political and economic front recently. Interest rates have adjusted upward, BC has new government, the Canadian dollar has gained ground and the media publishes articles daily about real estate in Vancouver and Toronto. Here in the Okanagan,...
Canadian home sales fall further in July

Canadian home sales fall further in July

Ottawa, ON, August 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017. Highlights: National home sales fell 2.1% from June to July. Actual (not seasonally adjusted)...
Canadian home sales drop again in June

Canadian home sales drop again in June

Ottawa, ON, July 17, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales cooled further in June 2017. Highlights: National home sales dropped 6.7% from May to June. Actual (not seasonally adjusted)...
Latest Market Report: July 2017

Latest Market Report: July 2017

We are now officially halfway through 2017 and the market is keeping pace with the predictions. Inventory continues to be a challenge with 2669 units on the market in all categories compared to 2745 last year. However, last month’s inventory was 2478 so June finished...
Canadian home sales drop sharply in May

Canadian home sales drop sharply in May

Ottawa, ON, June 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a sizeable decline in May 2017. Highlights: National home sales dropped 6.2% from April to May. Actual (not seasonally...