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BC Real Estate Market Kelowna & BC Real Estate Housing Forecast February 2023 Table of Contents The Current State of the BC Real Estate Market Forecast for BC Real Estate 2023 Kelowna Real Estate Sales & Pricing & Forecast Q1 2023 Further Links The BC Real Estate Association (BCREA) has published its latest BC Housing Forecast this week, which I will summarise here, and highlight its implications for […]
Kelowna Real Estate Market Kelowna Real Estate Market News February 2023 Table of Contents Summary – January 2023 Sales Summary Inventory Report Average Real Estate Prices My Thoughts This Month Advice For Buyers & Sellers Latest Real Estate Legislation Changes Kelowna Real Estate January 2023 Summary The Kelowna Real Estate Market remained subdued in January 2023. This was to be expected, given the aggressive way the […]
Kelowna Real Estate Market Quail Ridge UBCO Real Estate Market Report January 2023 Table of Contents Quail Ridge UBCO Sales Numbers Single Family Homes Report Condos Report Townhomes Report Quail Ridge & UBCO things to watch out for in 2023 Other Quail Ridge & UBCO Links Here is my latest comprehensive market report for Quail Ridge UBCO Real Estate, Kelowna. This Report covers the period to December 31, […]
Kelowna Real Estate Market Kelowna Real Estate Market Update December 2022 The snow arrived a little earlier than normal, and this may have contributed to the reduction in Kelowna Real Estate sales numbers month. There seem to be a lot of mixed signals at the moment for Buyers and Sellers, so I am sensing some hesitancy to enter the market from both sides. Sellers traditionally look […]
Kelowna Real Estate Market Buyers Survey Results November 2022 Overview of the Kelowna Real Estate Market Buyers Survey Report. Looking at the Kelowna Real Estate Market Buyers Survey Results for October 2022, it is probably no surprise to see the number of Investor Buyers and First Time Buyers less busy in the market as Mortgage affordability, due to Interest Rate rises continues to bite. […]
BC Real Estate Market BC Real Estate Market News November 2022 BC Real Estate Market Numbers for October 2022. In its latest BC Real Estate Market Report, the BC Real Estate Association (BCREA) reports a total of 5,242 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) in October 2022, a decrease of 45.5 per cent from October 2021. The MLS® average Residential […]
Kelowna Real Estate Market Q4 2022 Housing Forecast The Kelowna Real Estate Market is going through a shift like all other Real Estate Markets in Canada right now. This post covers the latest Kelowna Real Estate Market Forecast for Q4 2022 & provides a link to the full BC Real Estate Association Report. Sub-Urban Real Estate Markets, which saw some workers move out […]
BC Real Estate Market BC Real Estate 2 legislation changes coming in January 2023 The Canadian Federal Government & BC Provincial Government plan to introduce 2 pieces of legislation in January 2023 which will affect some BC Real Estate Buyers and Sellers. Here are some basic details, so that you can check whether they affect you! Ban on Foreign Buyers of Residential Real Estate in Canada From January 2023 […]
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Kelowna Real Estate Market Kelowna Real Estate Market News November 2022 I read a news report, this week, which I thought could easily apply to the Kelowna Real Estate Market. It came from a Chief Operating Officer of the Conwest Group, a BC Residential & Commercial Building Development Company. ” In a price discovery period … sellers realize what today’s buyers are willing to pay. We […]
Kelowna Real Estate Market Buyers Survey Results September 2022 The latest Buyers Survey results for the Kelowna Real Estate Market and Association of Interior Realtors area show an interesting increase in Revenue Property Investors, which is surprising given the recent interest rate rises. Couples without Children were also busier in the market, and we saw the numbers coming from the Lower Mainland and Vancouver […]
BC Real Estate Market News October 2022 BC Real Estate Market update for October 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 4,977 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September 2022, a decrease of 45.8 per cent from September 2021. The average MLS® residential price in BC was $927,119, a 1.7 […]
Kelowna Real Estate Market Kelowna Real Estate Market News October 2022 While overall we have seen Kelowna Real Estate Market residential sales continue on a downward trend, September did bring me a few surprises. While looking for affordable Townhomes in the Kelowna area, I found myself in two multiple offers, and we were also in a multiple offer on a $1m + West Kelowna Rancher home […]
Quail Ridge UBCO Real Estate Market Quail Ridge University Real Estate Market Report October 2022 Welcome my latest comprehensive market report for Real Estate in Quail Ridge & the University District of Kelowna. This Report covers the period to September 30, 2022,  based on MLS® listings & sales. Quail Ridge / University District Real Estate January 1, 2022, to September 30, 2022. Sales Numbers Summary for 9 Months January to September […]
Kelowna Real Estate Market News September 2022 Real Estate in Kelowna saw Market activity, at the beginning of August,  was generally low and it felt like everyone had gone on holiday, or were coming to terms with Mortgage Interest rate rises. Over the last couple of weeks, we have seen an uptick in online activity, showings and offers. While Buyer offers remain […]
Kelowna Real Estate Market Quail Ridge Real Estate Market Report August 2022 Welcome my latest market performance report for Real Estate in Quail Ridge & the University District of Kelowna from January to June  2022,  based on MLS® listings & sales. Quail Ridge / University District Real Estate January 1, 2022, to June 30, 2022. Sales Numbers Summary for 6 Months January to June 2022 compared to 2021. […]
Kelowna Real Estate Market News August 2022 We’ve seen another increase in new listing inventory this month, and as interest rates took another jump it has had a significant effect on sales numbers, in the Kelowna Real Estate Market, which has continued to temper home price growth.   The higher mortgage rates have caused many homebuyers to pause their search, especially, as […]
Kelowna Real Estate Market News July 2022 Both Buyers and Sellers are watching the real estate market very closely at the moment, as the market continues its shift. Predictions that a recession is on the way, inflation is continuing to rise and further interest rate rises are coming, are all definitely having an effect on consumer confidence. We know that interest rates […]
Kelowna Real Estate Market News Report June 2022 Well, there is so much to talk about with regard to the Kelowna Real Estate Market this month. There are so many opinions flying around out there! In case you haven’t heard, we have experienced a definite slowdown in the market during the last month. Buyer fatigue, the new Interest Rate environment (the Bank of Canada […]
Kelowna Real Estate Market Kelowna Real Estate Market News May 2022 Last month the Kelowna Real Estate Market seemed to show the first definite signs of a slow-down, after the latest interest rate rise and the continuing impact of inflation on the cost of living. Before we start thinking ‘ the sky is falling’, however, 47% of Single-Family home sales last month sold at or above […]
Kelowna Real Estate Market Kelowna Real Estate Market News April 2022 Last month was yet another busy month for Kelowna Real Estate, but I was interested to hear people start to ask, is the market starting to cool? It is true there may not have been quite as many showings with each property listed, and we are seeing more properties being listed than sold, so inventory […]
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