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June's Kelowna Real Estate Blog Archive

Showing posts from May 11, 2010 to June 10, 2013

May 11, 2010
Kelowna and area 5+ acres - Currently 129 homes with 5+ acres actively listed on Okanagan Mainline Real Estate Board for Kelowna and surrounding area. As low as $349, 900 for 8+ acres up to as high as $15.9...

May 12, 2010
New house price growth - Prices for new homes in Canada rose 0.3% in March, following a 0.1% increase the previous month and extending gains that began in July 2009, Statistics Canada reported Wednesday....

May 13, 2010
Better cures for bubbles than rate hikes, Fed's Kohn warns - Central banks should refrain from raising interest rates to pop potential asset bubbles, the vice-chairman of the U.S. Federal...

May 13, 2010
New home options in Kelowna - Great selection of new Kelowna homes to choose from - today's count is 78. Kelowna's buy-in price for a new home starts in the low $400,000 plus gst and goes up from there....

May 13, 2010
Passing along the keys to the coveted family cottage - Spring is here and summer is on the way. If you’re like many Canadians, you might be heading to the cottage in the next couple of weeks...

May 14, 2010
INTEREST RATES: Interest rate hikes benefit some, hurt others - An interest rate hike is good news for some people. For most Canadians, it's bad news. - It helps some retirees If you...

May 14, 2010
Buyers look to take charge in recreational property market - With spring offering the promise of sunshine and thoughts of summer cottages, the performance of British Columbia's recreational...

May 14, 2010
Kelowna recreational slice - A recreational slice can be found in or near Kelowna! Kelowna is within a range of mountains, Okanagan Valley filled with lakes, pine forests, gardens, orchards and vineyards,...

May 15, 2010
Kelowna home owner - tips to prepare for a sale - Preparing your Kelowna home for sale requires a bit work of inside and out to make your home stand out infront of others. Following article...

May 15, 2010
BC home prices to remain flat for 2010: economist - Expect British Columbia's property prices to remain flat for the balance of the year, which will be good news for buyers again being squeezed by...

May 16, 2010
Living austerely - Downsizing can be a challenge for homeowners -- especially when they've accumulated considerable in the way of possessions. With that in mind, the sales team at High Street has compiled the...

May 16, 2010
Should BC's current cap on rents be relaxed? - No The Residential Tenancy Regulation allows landlords to increase rent every 12 months at a rate of inflation plus two per cent. This formula has...

May 16, 2010
Kelowna downsizing home options - Your ready to take the leap to a smaller home in Kelowna - lifestyle change! At this time there is quite a strong selection to choose from. Not unlike buying any...

May 17, 2010
Vancouver condo's selling from $819 to $2,500 per square foot - More than 12,000 people toured the $1-billion Vancouver Olympic Village's sales office on the weekend, checking out more than...

May 17, 2010
Kelowna condo's selling from $517 to $727 per square foot - Kelowna new condomoniums look like a "bar-goon" compared to Vancouver's Olympic Village condominium prices! Kelowna's...

May 17, 2010
Canadian home sales fall 2.6% in April - Canadian home sales declined 2.6% in April from the previous month, but were still up 20% from a year earlier, the Canadian Real Estate Association said Monday....

May 18, 2010
New housing listings soar as experts expect slowdown - Canadians listed their homes for sale in record numbers in April as countrywide housing inventory hit levels not seen in almost a year,...

May 18, 2010
Pace of Canadian home sales falls back in April - The Canadian housing market is cooling, but the decline will be moderate, thanks to the rebound in the labour market, economists say. Canadian...

May 18, 2010
Housing market cools - Record high prices and a surge of new listings cooled Canada’s hot housing market in April, with the number of sales slipping for the third time in four months. While the market...

May 18, 2010
Pace of Kelowna and area real estate - Real estate pace of Kelowna and area shows increasing monthly sale activity as well as increasing property selection. Year-to-date (Jan to Apr) total number of...

May 19, 2010
House prices for Kelowna and area - Each month of 2010 records respectable sale price gain for Kelowna and area single family residences as well as increasing sale activity. Kelowna and area (Central...

May 20, 2010
INTEREST RATES: Experts make rate calls - Last month the Bank of Canada abandoned its pledge to keep interest rates at a record-low 0.25% through the end of June. The bank cited a faster-than-expected...

May 20, 2010
Demand expected to fall as first-time buyers bow out - Metro Vancouver real estate sales will drop in 2010 compared to last year and flatten out in 2011 because new buyers who would have been in...

May 20, 2010
Housing sales back-off from heady days of late 2009 - British Columbia real estate sales dropped by more than one quarter in the three months of 2010 from the last quarter of 2009 in both the...

May 20, 2010
Recreational properties take back seat - The recovery in Canada's recreational property market hasn't kept pace with the broader housing sector, as fewer Americans venture north and more Canadians look...

May 20, 2010
Retreating prices put rate hikes on back burner - The pressure on central banks to start raising interest rates is fading as the threat of deflation creeps back into the global economy. In the...

May 21, 2010
ECO: Saying it's green doesn't make it so - The green building industry is moving so fast, with technology and products being introduced and improved all the time. It’s really hard for homeowners...

May 21, 2010
A bargain in a recreational buyers' makret - Ucluelet on Vancouver Island appears to be one of the recreational property market's bigger bargains as buyers begin to edge back in after abandoning the...

May 22, 2010
RENO'S: Starting a reno? Notify your insurance company pronto about those upgrades - The long weekend is here and for many of us that means it's reno time. "But many...

May 22, 2010
MORTGAGES: Banks reduce five-year fixed mortgage rates - Five of Canada's biggest banks announced this week that they are lowering their five-year closed mortgage rates for the second time this...

May 22, 2010
Vacation property better left rented - As Baby Boomers near retirement, many may be considering the purchase of a remote cottage to get away from the rat race. the fantasy may even be to retire there,...

May 22, 2010
INTEREST RATES: Expect interest rates hikes from Bank of Canada - What does the Bank of Canada do now with both inflation and retail sales stronger than expected? Will the central bank...

May 22, 2010
MORTGAGES: Your bank may have you in "headlock" with new mortgages - A headlock would be the wrestling term to describe the hold Canadian banks will have on some consumers because of new,...

May 22, 2010
Home prices dip slightly - April saw a blip in the rise of Metro Vancouver housing prices, which is another sign that the market is easing into a balanced state. The Conference Board of Canada noted that...

May 22, 2010
Cottage sales soar across the country - Although the first three months of 2010 saw an upswing in sales of recreational properties in Canada, several factors have kept sales of cottages and back lot...

May 22, 2010
Oasis in the Okanagan - Canada and Austria have just produced the perfect spa lovechild and it is called Sparkling Hill Resort. I’m here, just ahead of the official opening, and I’ve returned to my room...

May 25, 2010
Homeownership costs to rise in Canada: RBC - Home ownership costs in Canada rose for the third straight quarter in early 2010, and those costs are going to get higher as interest rates rise this...

May 25, 2010
Canada home prices expected to drop as costs rise - Canadian home ownership costs are rising and affordability is eroding, while overvalued house prices are due for a correction in the coming year...

May 25, 2010
Real estate correction? - The Canadian Real Estate Association has a new study out that says Canadian homeowners don’t have to fear a U.S.-style correction. “The relationship between average price and...

May 25, 2010
Homes overpriced, bank report says - A new report from one of the country's major banks says house prices in Canada are sitting 14% over their "fair" value. The report from Canadian Imperial...

May 26, 2010
Kelowna farmers' RV parks sow seeds of concern - A new crop sprouting on Kelowna farms is stoking anxieties about the future of agriculture in this picturesque Okanagan Valley city. Faced with...

May 26, 2010
INTEREST RATES: Ready to raise rates - Bank of Canada Governor Mark Carney may beat his G7 counterparts in raising interest rates as soon as next week, joining a different club that is profiting from a...

May 26, 2010
Be careful when buying property for adult children - Their partner may end up owning 50% of it. It's one thing to buy your son or daughter a condominium, it's quite another to have their...

May 26, 2010
Homes overpriced - A new report from one of the country's major banks says house prices in Canada are sitting 14% over their "fair" value. The report from Canadian Imperial Bank of Commerce says the...

May 26, 2010
Homeownership takes a bigger bite out of our wallets - Home-ownership costs in Canada rose for the third-straight quarter in early 2010 and will get higher as interest rates rise this year, says...

May 26, 2010
Is Canadian housing poised for a correction? - Royal Bank said that during the first quarter, 46.8% of household income was needed to carry a standard two-storey house. At the peak of this cycle in...

May 26, 2010
Chill sets in as prices, rate worries hit housing market - The remarkable recovery in Canada’s resale housing market is cooling, as increasingly expensive properties and the promise of...

May 27, 2010
Monthly increases in home prices beginning to slow down, index shows - The latest home-price index from National Bank of Canada, done in partnership with real-estate technical-services...

May 27, 2010
Canadian homeowners need not fear U.S. pricing corrections, study says - The Canadian Real Estate Association has a new study out that says Canadians homeowners don't have to fear a...

May 27, 2010
House prices are levelling out - Metro Vancouver home prices tipped past their previous peak in the first quarter of this year, but their pace of growth slowed considerably, according to the unique measure...

May 27, 2010
Canadian housing prices to wane slightly - Expect Canadian housing prices to wane slightly in 2011, then stabilize while people's incomes and savings rise enough so they can afford to buy them, the...

May 28, 2010
RENOS: Minimizing the waste of home renos - Upgrading our properties gives us an opportunity to be more environmentally efficient Renovating is a form of recycling: It's about finding new purpose...

May 28, 2010
INTEREST RATES: Bank of Canada June 1 rate hike seen as likely - All of Canada's primary securities dealers and most other global forecasters predict the Bank of Canada will start raising...

May 28, 2010
MORTGAGES: Mortgage risk and reward - As the Bank of Canada appears closer to moving away from the historically low rates that have been in place since financial markets melted down in 2008, the...

May 28, 2010
Best places to live - Over the past three centuries Vienna has produced the visionary composers Joseph Haydn, Franz Schubert and Johann Strauss. This year the culturally and historically vibrant Austrian capital...

May 28, 2010
Don't fear housing bust: DBRS - Canadians will be spared a U.S.-style wave of foreclosures when the housing market corrects and interest rates rise, according to a report from DBRS Ltd. examining Canada’s...

May 29, 2010
ECO: The three Rs that can save you money - Simple changes can bring substantial savings, as well as environmental benefits. The message simply isn't getting through. We all know that conserving...

May 29, 2010
HST: Housing affordability and the hated sales tax - HST, OMG! Can you believe how this thorny issue -day after day after day -continues to dominate the news and commentary? It certainly has hit...

May 29, 2010
High home ownership costs - Home ownership costs in Canada rose for the third straight quarter in early 2010, and those costs are going to get higher as interest rates rise this year, according a housing...

May 29, 2010
Housing to cool - Correction due.Canada's housing market is expected to cool off this year and next, but isn't at risk of falling victim to a U.S.-style foreclosure crisis anytime soon, says a new report by...

May 30, 2010
RENOS: Basement floor cracks are normal and easily repaired - Q: My house is only two years old and I have cracks in the concrete basement floor. Why is this? And how can I repair them? A:...

May 30, 2010
10 steps to a cleaner home - House cleaning is one of those time-consuming chores many busy people would rather not face on their days off. Some have professionals tackle the job. Karen McClean of Merry...

May 31, 2010
INTEREST RATES: Bank rate decision expected - There will be much to talk about concerning the economy this week. As an opening act early today, we get an overall assessment of Canada's economic...

May 31, 2010
Kelowna home for sale in sought-after gated community - Kelowna has many gated communities in different neighbhourhoods however offered for your consideration - today - is one of the premiere...

June 1, 2010
BC leads pack for priciest property on the beach - B.C. residents considering buying a recreational property are mainly motivated by a desire to improve their lifestyle, according to a new survey...

June 1, 2010
INTEREST RATES: Starting the rate hiking cyle - slowly but surely - The Bank of Canada is widely expected to begin its rate hiking cycle on Tuesday, but in an environment in which some...

June 1, 2010
HST: What harmony will cost you - WHAT IS IT? By now, it’s likely you’ve heard about this thing called the Harmonized Sales Tax. The HST already exists in the Atlantic provinces of New Brunswick,...

June 2, 2010
MORTGAGES: As the lending rates go up, a mortgage rate go down - The Bank of Canada raised its lending rate Tuesday. The Bank of Montreal responded by lowering its mortgage rates – what...

June 2, 2010
INTEREST RATES: Global turrmoil clouds rate outlook - Mark Carney is taking a cautious approach to raising interest rates, weighing Canada’s powerful economic rebound against the uncertainty of...

June 2, 2010
Rate increase simply means what? - June 1, 2010 The Bank of Canada raised the target for the overnight rate by 0.25%. This is the first increase since 2007 and has been expected for some time now. As a...

June 3, 2010
BC real estate prices set to dip, report says - Rising interest rates, changes to lending rules and declining affordability are forcing the Canadian Real Estate Association to lower price and sales...

June 3, 2010
Forecast is cool but neighbhourhood is hot - Despite a new forecast that housing prices will drop 3.5 per cent in British Columbia in 2011, Jan Fricker and her husband Steve Lott are confident they...

June 3, 2010
BC to blame for lowered expectations - B.C. saw some of the biggest post-recession rebounds in real estate markets, so a recent cooling of sales in the province is a big reason the Canadian Real Estate...

June 3, 2010
CREA lowers housing market forecast as market weakens - Rapidly changing market conditions have led the Canadian Real Estate Association to lower its forecast for housing sales this year. The...

June 3, 2010
Housing prices, sales in decline - Weaker-than-expected sales in B.C. have helped convince the Canadian Real Estate Association to lower its forecast for housing sales this year. The Ottawa-based group...

June 3, 2010
House prices forecast to fall 2.2% in 2010: CREA - A "demand-driven downturn" will drive house prices lower by the end of 2011, the association which represents the country’s 100,000...

June 4, 2010
(Real estate) Market's jagged pill - It isn't all bidding wars out there, as some buyers and sellers are finding out. Earlier this spring, when Allison and Regan Janz went looking for a scenic...

June 4, 2010
Real estate flattens in May - Buyers now have more control in the Fraser Valley real estate market due to more listings, fewer sales and lower prices in a lot of locations, the Fraser Valley Real Estate...

June 4, 2010
Housing sales in May post abrupt about-face - Canada’s resale housing boom has run out of steam. After a year of solid gains, monthly sales in major cities took their first step back in May as...

June 5, 2010
Metro sales down, listings up - Metro Vancouver's housing market showed a drop in sales in May, an increase in listings and stagnating prices. "The wait syndrome" is how realtor Ron Antalek...

June 5, 2010
It's still growth, but a tad slower - The Canadian Real Estate Association cut its 2010 forecast for resale house prices and sales Wednesday, saying sales in British Columbia were not as strong as...

June 7, 2010
Latest Canadian housing market numbers on its way - The Canadian housing market gets a few indicators in the coming week, following the past week's warning from the Canadian Real Estate...

June 8, 2010
Age profile of homeowners relatively stable over generations, StatCan finds - More Canadians are owning homes later into life, according to a new report by Statistics Canada. The...

June 8, 2010
BC home sales expected to slow this year but rise in 2011: Survey - Residential sales across the province are expected to ease by three per cent this year to 82,350 units before increasing...

June 8, 2010
Home building quickly running out of steam - Housing construction in Canada is quickly coming off the boil, economists say, pointing to weaker-than-expected levels of new home starts in May. The...

June 9, 2010
Healthy increase in (housing) starts - Huge (housing) hike (starts) in Vancouver while national figures falter. Housing starts across the Vancouver area showed healthy increases in May, posting a...

June 9, 2010
New housing construction starts ease along with market state - The pace of new-housing construction in Metro Vancouver eased off in May from that of previous months yet remains at a level...

June 9, 2010
Forget market timing, buying a house is about life timing - Homes are a long term investment. 'You know, you're making the biggest mistake of your life. The housing market is going to...

June 9, 2010
Kelowna recyling drop-off locations for "old" alkaline batteries and cellphones - Today we all recognize the importance to commit to zero waste, or toxics in the enviroment and to...

June 9, 2010
Apartment buildings: slow, steady and sizzling hot - Low mortgage rates have made income-generating properties some of the most desireable real estate available in Canada. For a few days in...

June 10, 2010
Kelowna real estate facts Jan - May 2010 - Working through the Okanagan Real Estate Board Mainline database here are some Kelowna single family residential real estate facts for the first five months...

June 11, 2010
How homes really woo their owners - Forget square footage, parking spots and conventional real-estate rules when selling a home. Some deals are sealed thanks to the quirkiest of features, as At Home...

June 11, 2010
House prices regained peak levels in April - Metro Vancouver's new-home prices have followed the resale-home market upward to previous peaks during real estate's rebound, developers and consultants...

June 11, 2010
RENOVATIONS: Reno rulers - Bitten by the spring home-renovation bug? A quick coat of paint won't break the bank, but bigger renovations can get out of hand, leaving you with a glittering new kitchen or a...

June 11, 2010
Mainland China pours wealth into BC housing - As Vancouver’s once hot real estate market hits the skids, a rush of buyers from China may help the city sidestep a sharp correction in prices....

June 12, 2010
Kelowna - Cottage check-up - May 24 marked the unofficial start of summer, and that means cottagers across Canada are flocking to seasonal getaways to begin a yearly rite of cleaning, checking for winter...

June 12, 2010
Housing outlook starts positive: survey - Residential construction is a bright spot in the Canadian economy, according to a national survey that points to good short-and long-term prospects for housing...

June 12, 2010
New haunts, old problems (Stigmatized properties) - 'Stigmatized properties' that were crime sites often leave buyers and renters wondering who to call. They are the scenes of crimes, murders,...

June 13, 2010
PUBLIC OPEN for 55+: Kelowna Sandhaven residence - PUBLIC OPEN for 55+! SUNDAY 1-3 June 13, 2010. $339,000 for a detached 1,280 sf one level two bedroom, two full home in one of Kelowna's...

June 13, 2010
Growth in housing good for economy - Residential construction is a bright spot in the Canadian economy, according to a national survey that points to good short-and long-term prospects for housing starts...

June 14, 2010
What to expect when you are inspecting a home - Is it a fixer-upper or a money pit? For about $500, you can find out with a home inspection that analyzes the structure and major systems: the roof,...

June 14, 2010
Kelowna home inspectors - The best source for a Kelowna home inspector is by far a "word of mouth" referral. Check wtih a friend, family or co-worker if they can recommend a home inspector they have...

June 15, 2010
Home sales down, prices to remain flat - Residential home sales were down substantially in May from the same month a year ago, with Victoria and Metro Vancouver showing the sharpest drop, according to...

June 16, 2010
It's top dollar for Vancouver two bedroom apartments - Vancouver has Canada's highest monthly rents for two-bedroom apartments, according to the Canada Mortgage and Housing Corp. Monthly...

June 16, 2010
CMHC report finds slight increase in local vacancy rate - Metro Vancouver’s apartment vacancy rate edged up to 2.2 per cent in the spring, more or less in step with most markets in B. C. and...

June 16, 2010
Kelowna vacancy rate today - Rising vacancy rates is not characteristic of just Kelowna. Below are vacancy rates and average rents (with percentage change from last year) for two-bedroom apartments in...

June 17, 2010
Kelowna home sales drop - Kelowna home sale activity trend is not other communities across Canada. Existing-home sales fell 9.5 per cent in May from the previous month as Canada's housing market began to wind...

June 17, 2010
New rules, rate hike cool housing market - Existing-home sales fell 9.5% in May from the previous month as Canada's housing market began to wind down from near-record activity as new mortgage rules...

June 17, 2010
Many home sales sputter, prices flatten - Buyers backed away from Canada’s housing market in May, driving sales lower in what is traditionally the busiest month of the year for the country’s real...

June 18, 2010
ECO: Hydro offering a choice with smart meters - BC Hydro is making room for both technophiles and technophobes on the $930-million smart meter network it will introduce in 2012. Hydro expects...

June 18, 2010
ECO: It's possible to 'green-up' an old home - I’ m often asked how to “ green” an older home — how to improve its efficiency and make it more sustainable. If you are building a new home and...

June 18, 2010
Need to top off your deposit for your Kelowna home purchase? - This is a long shot to top off that deposit for your Kelowna home purchase but you never know! A few years back a friend...

June 18, 2010
Downtown office market rebounds - Downtown Vancouver's office leasing market has bounced back due to a stream of infrastructure projects while Metro Vancouver suburban markets continue to struggle with the...

June 18, 2010
Homeowners now competeing in renters' market - Bidding wars have moved from the bungalow to the two-bedroom rental apartment. Many homeowners who cashed out at the peak of the market are putting...

June 18, 2010
The third wave - The economic impact of wealthy buyers from Mainland China has gone all but unnoticed by the average Vancouverite – but it’s no secret to the city’s real estate industry. And unlike the...

June 19, 2010
Housing resales slow dramatically - Home sales fell 9.5% in May from the previous month as Canada’s housing market began to wind down from record activity. Sales totalled 37,576 on a seasonally...

June 19, 2010
Today's pulse with Kelowna home sale activity - Kelowna home sale activity ytd is up +23.6%. Working through Okanagan Mainline Real Estate Board data, $1mil+ homes sales have catapulted +125% in...

June 20, 2010
Addressing wasp infestation on your Kelowna home - It's that time of the year again we homeowners notice wasps building nests above the patio, below the deck, or under our home's eaves. Oh my -...

June 21, 2010
Kelowna's most expensive homes - Million dollar Kelowna home sales are up year-to-date from last year, up +125%. Kelowna luxury real estate does not reach the steep prices of US luxury real estate. US...

June 22, 2010
Average BC household to be hit hard by HST: analysis - The average B.C. household could take a $520 hit next year due to the harmonized sales tax, according to a model by Statistics Canada....

June 23, 2010
INTEREST RATES: Interest rates to rise again in July - Tuesday’s tame inflation report will not deter the Bank of Canada from raising its key lending rate for the second time in two months...

June 24, 2010
Kelowna real estate market numbers - Kelowna real estate market is not unlike other's across Canada which have to date experienced year-to-date stronger home sales numbers. Experts are saying changes to...

June 26, 2010
Welcome to the water world of Kelowna - For family summer fun, why not try Kelowna? As the largest city on the 110-km-long Okanagan Lake, it's no surprise that Kelowna is all about summer at the...

June 26, 2010
MORTGAGE: Banks lower fixed rate mortgages - Bank of Nova Scotia, CIBC, National Bank and Laurentian Bank are the latest Canadian banks to lower fixed mortgage rates, matching the average 0.10...

June 26, 2010
HST: It's just around the corner - The harmonized sales tax is almost upon us, and how it will affect individuals is still a question of much heated debate. Last week two studies came out, both based...

June 26, 2010
If buying new (home), buy what you need to beat the HST - The excitement is building. There are only five more sleeps until HST becomes a reality in B.C. Facetiousness aside, and despite the...

June 27, 2010
MORTGAGE: Banks cut mortgage rates - Bank of Nova Scotia, CIBC and National Bank are the latest to lower fixed-mortgage rates, matching an earlier average 0.10-percentage-point cut by Royal Bank of...

June 27, 2010
Smoke alarm in your Kelowna home - Heads up Kelowna homeowners......the B.C. Fire Code requires that every residential building built before March 31, 1979 shall have a smoke alarm installed by May 1,...

June 28, 2010
Wealthy Chinese put house hunting on Vancouver vacation itinerary - Mainland Chinese interest in Metro Vancouver property is so strong that it's fuelling a market for real estate tourism,...

June 28, 2010
Home insurance tips for Kelowna buyers - "You’ve told friends, your banker and your mom: You’ve found your (Kelowna) dream house. But have you told your insurance agent? Henry Blumenthal...

June 29, 2010
BC a draw for China's rich real estate tourist - Chinese interest in Vancouver-area real estate is so strong that it's fuelling a market for real estate tourism, with groups of wealthy travellers...

June 29, 2010
Buyers take control with Okanagan slow to recover - The shine is off Okanagan real estate, with a buyer's market returning to the sun-drenched region and some developers not only delaying projects...

June 30, 2010
Real estate market in Kelowna - Each month into 2010 has been showing an increase in Kelowna's active listing inventory contrary to the decreasing trend of monthly sales. What does all this mean - great...

July 1, 2010
Home prices keep rising, but contraditions lie ahead - Home prices in some of Canada's biggest cities rose 0.8 per cent in April, according to the latest Teranet-National Bank house-price index...

July 2, 2010
HST: Mo' money, the same problems: The higher cost of living compared - The HST means many higher costs for British Columbia consumers. Here’s how an average day may break down before...

July 2, 2010
Home ownership comes with hassles - and with tax breaks - Some people have the worst kind of luck. I think about my friend Janice. She bought a home seven years ago and has had nothing but...

July 2, 2010
Home prices rise - Home prices in some of Canada's biggest cities rose 0.8% in April, said the latest Teranet-National Bank house-price index released on Wednesday. That followed a 0.3% rise for March, and marked...

July 3, 2010
Real estate numbers are transitory, but value is forever - Real estate news can mean different things to different people. A headline announcing either a dramatic drop or a wild increase in...

July 5, 2010
Build a luxury, sustainable modular Kelowna home - For many of us, the term prefabricated homes brings images of mobile home or cheap, temporary house with little connection to luxury and...

July 6, 2010
Housing market holds steady in June - Metro Vancouver's housing market experienced steady activity in June despite sales that were 30 per cent lower than the same time last year, according to the Real...

July 6, 2010
First-time buyers in BC more likely to buy a condo than a house - And they do their financial homework. First-time homebuyers in British Columbia are opting for condominiums, not houses,...

July 7, 2010
MORTGAGES: More lenders lower mortgage rates - Canadian Imperial Bank of Commerce announced Tuesday a reduction in its mortgage rates. It’s benchmark five-year closed rate was to decline 10...

July 7, 2010
BC building permit values soar to new high - B.C. has recorded one of the country's largest increases in the value of building permits over the past year, according to a Statistics Canada report...

July 7, 2010
Kelowna home owners available e-waste services - B.C.’s e-waste recycling program expanded July 1 to include old portable electronics: portable players such as CD and DVD players and radios and...

July 7, 2010
House prices and sales to decline across Canada: Real Estate Market Survey - House prices continued to climb higher across Canada in the second quarter of 2010, but sales and prices...

July 7, 2010
Drop in home sales may be sign of peak - Existing home sales dropped sharply in Canada's two most expensive markets, a further indication that the real estate market may have peaked. The Toronto...

July 8, 2010
Home prices will ease - I think what’s happening now is that there are still buyers out there, but they’re being a little more cautious, a little more price sensitive.....says Tom Gradecak, realtor....

July 9, 2010
New home prices rise - New-home prices in Metro Vancouver continued to rise in May, according to Statistics Canada's new-housing price index, but with buyers feeling less urgency to purchase, the pace of the...

July 9, 2010
Central Okanagan housing market enters buyers' cycle - Kelowna, BC - The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) reported June 2010 sales activity of all MLS® property...

July 10, 2010
June drop in housing starts signals moderate levels for rest of year: CMHC - Housing starts fell in June to 189,300 units, down 3.1% from May Canada Mortgage and Housing Corp....

July 10, 2010
Resales dip in June, 23% - Having just started my term as Toronto Real Estate Board (TREB) president, I am excited to write my first article for National Post. This comes at an interesting time, as the GTA...

July 10, 2010
High marks for Canada's real estate market - Canada may no longer be the most transparent housing market in the world, but it's close, according to a biannual survey of 81 countries. Canada came...

July 11, 2010
Kelowna's real estate market offers a great time to buy, sell or both - Half way through 2010 Kelowna and area real estate market is shifting. Okanagan Mainline Real Estate Boarad stats...

July 12, 2010
Sunshine caution for Kelowna home owners - Past week Kelowna homeowners have been experiencing high temperatures, for example, +30 degrees Celsius. This morning I came across an article in the...

July 14, 2010
INTEREST RATES: Recovery report points to rate hike - Canada's frothy economic recovery fueled an import surge in May, boosting the country's modest trade deficit and suggesting another interest...

July 14, 2010
Canadians top foreign buyers of US properties - Canadians bought more U.S. properties than the citizens of any other country in the last year, although financing was a hurdle for many of them. A...

July 14, 2010
China's latest export: home buyer - Half a world away, a handful of Chinese citizens are feverishly planning a Canadian real-estate shopping excursion. A farmer, an engineer, a furniture maker and a...

July 15, 2010
Home sales continue to drop - Existing home sales continued their rapid decline last month with 70% of markets showing a drop in sales in June from May, according to the Canadian Real Estate Association....

July 16, 2010
BC is homebuyer's territory - Active listings sit at the highest levels since March 2009 economist says...... When Maple Ridge's Monika Novosadova went house hunting this spring, she faced an...

July 16, 2010
Home sales on downward slide - Home sales in B.C. tumbled 23 per cent last month, the B.C. Real Estate Association says. Residential sales through the Multiple Listing Service in the province plunged to...

July 16, 2010
Drop in home sales - Existing home sales continued their rapid decline last month, with 70% of markets showing a drop in sales in June from May, the Canadian Real Estate Association says. But at least one...

July 16, 2010
Housing prices post year's first drop - First-time buyers disappeared from the usual bustling spring real estate market and homeowners opted to stay put rather than risk losing money on a sale, pushing...

July 16, 2010
Newcomers to the Kelowna real estate market - Are you a newcomer to the Kelowna area and wanting to make it home. Tired of scouring the paper and MLS sites looking for homes for sale? Sit back,...

July 17, 2010
Non-residential building climbs 1.2% - Investment in non-residential building construction reached $10.1-billion in the second quarter of 2010, up 1.2% from the previous quarter, Statistics Canada said...

July 17, 2010
ECO: Prefab, eco-friendlly, and -- round American homebuilder cuts no corners - An American homebuilder specializing in eco-friendly, circular prefabs is making inroads in Canada....

July 17, 2010
HST: HST blues - A growing family, particularly one with a bunch of boisterous teenagers, takes up quite a bit of space. A home that once had plenty of room for you and the kids may now feel rather cramped. If...

July 18, 2010
Oh my.....oh my......Kelowna real estate activity first six months over the past ten years - First half of 2010 shows Kelowna homes sales and average price have increased...

July 19, 2010
Kudo's to Kelowna's Alaina Podmorow - We do take for granted what we have here living in Kelowna or the bigger picture, living in Canada! Here is a young Kelowna girl making a difference! At 13,...

July 19, 2010
INTEREST RATES: Bank of Canada expected to boost interest rate - Analysts predict repeat of June’s increase Two major announcements bookending the coming week’s economic news will...

July 19, 2010
INTEREST RATES: Bank of Canada poised to raise interest rates - Mark Carney is likely to raise borrowing costs for the second straight time Tuesday, while continuing to sound a cautious tone...

July 19, 2010
Canada expected to follow US as economy slows - The mighty U.S. economy is slowing again, and with it Canada’s chances of escaping the global downdraft. A sudden plunge Friday in a closely...

July 19, 2010
Real estate note - Despite warnings from market watchers, mortgage rates remain at historic lows, at least for now. And while lenders expect upward pressure in coming weeks, there's is no quarantee it will...

July 20, 2010
INTEREST RATES: Bank of Canada raises key overnight interest rate 0.75% - The Bank of Canada raised its benchmark policy rate Tuesday to 0.75% even though it scaled back its growth...

July 21, 2010
INTEREST RATES: Expect another rate hike soon - "The Bank of Canada is like a poker player with a pair of jacks -- not sure it has the winning hand, but comfortable throwing in another...

July 21, 2010
INTEREST RATES: Bank of Canada boosts benchmark rate - The Bank of Canada raised its benchmark policy rate Tuesday by 25 basis points to 0.75 per cent, even though it scaled back its growth...

July 22, 2010
INTEREST RATES: Bank of Canada tips its hand on rates - The Bank of Canada may have let the cat out of bag on interest rates Thursday, analysts say, when it indicated that “gradual” hikes...

July 22, 2010
What Kelowna homes are selling and what's not - as quickly - Kelowna single family residence sales are up +22.39% and 10.17% first half of 2010 and year-to-date in comparison to 2009...

July 23, 2010
Developers push wave of pre-sales into slow market - Metro Vancouver developers may have got ahead of themselves with the number of housing projects they are pushing into the pre-sale marketing...

July 23, 2010
MORTGAGES: Mortgages are about more than just the rate - With interest rates still near all-time lows, despite the recent increases in the Bank of Canada's overnight target rate, it may be time...

July 23, 2010
INTEREST RATES: Rate-hike future clouded - The Bank of Canada may have let the cat out of bag on interest rates Thursday, analysts say, when it indicated that "gradual" hikes are forecast to...

July 24, 2010
Summer home maintenace tips for Kelowna homeowners - Summer is a great time to take care of some of those home maintenance items that can sneak up on you when you’re not looking. Here’s a...

July 25, 2010
City versus the Burbs - Box in the sky -- or house in the 'burbs? For many young couples in Vancouver today, that's the million-dollar question (or, more accurately, the $600,000 question) that arises as soon...

July 26, 2010
Condo's aimed at minimum-wage earners - Developer cut perks to make new housing affordable: No parking. No fancy finishes. No costly marketing program. No speculators. No one who isn’t willing to do...

July 27, 2010
INTEREST RATES: With rates low, is it time to reconsider your mortgage? - With mortgage rates low and more likely to go up than down, some borrowers may want to think long and hard...

July 27, 2010
INTEREST RATES: Bank of Canada and Interest Rates: Higher Is Not Always Bad - On Tuesday, the Bank of Canada raised its key lending rate from 0.50 per cent to 0.75 per cent....

July 28, 2010
MORTGAGES: Variable may no longer win - Not that there are a lot of people buying houses these days, but the answer to the age-old question of whether to go long or short on your mortgage is unclear yet...

July 28, 2010
INTEREST RATES: Almost "inevitable" interest rates will rise: Bank of Canada deputy govenor - The pace of Bank of Canada rate moves remains uncertain, but it is "almost...

July 28, 2010
Kelowna firms score high in "Happiness is being Boss" - This morning reading online I came across an article about.......a TD Small Business Happiness Index that found people in Vancouver and...

July 29, 2010
MORTGAGES: Variable may not longer be the best mortgage - Fixed rates are falling fast so do your homework. Not that there are a lot of people buying houses these days, but the answer to the...

July 29, 2010
(House) Prices highest in Vancouver - Vancouver house prices led Canada in May with a 17.1-per-cent year-over-year increase, according to the Teranet-National Bank composite house-price index, released...

July 30, 2010
Slower economic expansion upon us - Slower economic expansion is upon us judging by data released Friday that indicated U.S. GDP posted its weakest pace of three-month growth in nearly a year, while...

July 31, 2010
BC Government introduces greater flexibility in renting - It's complicated is more than the name of the movie in which Meryl Streep figures out where her heart lies. It is also the...

July 31, 2010
Price gains - Canadian resale home prices rose 1.3% in May, the largest monthly gain since last September, according to this week's Teranet-National Bank composite house price index. On an annual basis, prices...

July 31, 2010
Real estate sales slow more than expected - Real estate markets have slowed a bit more than the B.C. Real Estate Association's earlier predictions, prompting a downward revision in the group's latest...

July 31, 2010
BC brokers expect fewer transactions this year - Where those of us who own residential property may have been this year and where we might be for the rest of this year and next year were the...

August 1, 2010
Vascilating with notions of a Kelowna move? - Does the thought of changing your (Kelowna) neighbourhood go through your mind more often than not? Here are some key indicators on when you really...

August 2, 2010
Build a Kelowna 6,445 sf home in the heart of city - 0.74 acre view lot is offered for sale in Kelowna's newly established "Highpointe" gated community. Highpointe is adjacent to Knox...

August 3, 2010
Instant equity found in this Kelowna home - Kelowna's Lower Mission neighbhourhood is adjacent to Kelowna city core. Offered for sale is 0.34 acre with a two level home with approx 1,110 sf on each...

August 4, 2010
Summer property sales cool - A chill swept Greater Victoria's summer real estate market last month when both the volume of sales and average prices dropped significantly. In July, 527 properties changed...

August 4, 2010
Kelowna and area property selection is up and sales are down - Good news for Kelowna and area sellers and more good news for buyers! The number of active homes for sale is up and home...

August 5, 2010
Cooling housing market - Almost half of its real estate agents say the main reason for the cooling (Toronto) housing market is the harmonized sales tax, according to a survey from Royal LePage Real Estate...

August 5, 2010
Home sales plummet - Yvonne Viel had hoped to get in the low $700,000s for her south Vancouver home. But in a July where home sales plummeted by almost half from last summer's red-hot market, she was happy...

August 5, 2010
Housing sales slump despite low mortgage rates - The malaise in Canada’s housing market is deepening, as record-low interest rates and a vast selection of homes prove to be insufficient...

August 5, 2010
Real estate now Buyer's market - Greater Vancouver’s housing market has caught a chill in the middle of summer. Residential property sales in Greater Vancouver tumbled 45.2 per cent in July from the...

August 6, 2010
Misconception about HST slowing home sales: poll - Realtors say the new tax -- which does not apply to the purchase of resale homes -- is a bigger threat than rising interest rates. Royal...

August 6, 2010
June good for builiding permits in BC - A small surge in residential building-permit applications in June pushed British Columbia to the second-highest month this year for stated building intentions....

August 6, 2010
HST chilling home sales - Survey shows tax -- not interest hikes -- blamed for (home sales) decline. Royal LePage Real Estate Services says almost half of its agents believe the main reason for the...

August 6, 2010
Interest rates, HST help cool housing sales - Economists cite a shortage of first-time buyers as one of the key reasons for a sharp drop in housing sales in July, though the HST and rising interest...

August 7, 2010
Shaky days in the housing market - After several months of small pullbacks, the number of houses sold in some of Canada’s largest markets plummeted in July. There are plenty of factors at work – most...

August 7, 2010
MORTGAGES: Reverse mortgage a no panacea - A reverse mortgage is often described as a way seniors -- those who are house rich but cash poor -- can continue to live in their homes and generate extra...

August 7, 2010
Being a home owner doesn't have to keep you up all night - Living in Canada's most expensive housing market, residents of the Lower Mainland are obsessed with real estate prices and mortgage...

August 9, 2010
Why (real estate) prices matter - The (real estate) market is important, even if you don't own a home. The red-hot housing market is cooling through the summer. Depending on which economist you ask, it...

August 9, 2010
Central Okanagan and Kelowna home prices - Kelowna total home sales through the first seven months of 2010 was up 7.12% compared to 2009 and 40.07% percentage drop compared to 2007. July home sale...

August 10, 2010
Housing starts slow down as market cools off - July housing starts that showed an easing from earlier levels is another sign that British Columbia’s real estate markets are in transition from the...

August 10, 2010
Canada sees "dramatic" housing slow down, global report says - Canada led in the global housing recovery in the first quarter of 2010, but moderating global growth, heightened financial...

August 10, 2010
Microscopic look at Kelowna's housing market - Currently 2,227 homes actively listed in the Central Okanagan of which almost 76% are in the City of Kelowna.Central Okanagan includes...

August 11, 2010
Housing no longer a driver - Canadian housing starts fell in July for a third-straight month and new-home prices rose less than expected in June, further evidence that the housing boom that helped drive the...

August 11, 2010
Housing market keeps cooling - The slowdown in the Canadian resale housing market was "dramatic" last month, but the sector got a boost yesterday from statistics that show new-home construction is...

August 11, 2010
Kelowna real estate August market update - The worst recession since the Great Depression had a serious impact on housing performance during 2008 and the first quarter of 2009. Consumers adjusted to...

August 11, 2010
BC housing starts dip in July as sales decrease countrywide - July housing starts that showed an easing from earlier levels is another sign that British Columbia’s real estate markets are...

August 13, 2010
Home sales tumble in BC's biggest markets - A year ago, B.C.'s real estate markets were rising to a peak in sales. In July, they dramatically fell off it. Sharp drops in sales in B.C.'s biggest...

August 13, 2010
July supply favourable for buyers - The average house price in B.C. rose six per cent to $491,832 in July from the same month last year, the B.C. Real Estate Association said. But year-over-year sales in...

August 15, 2010
Transitional Kelowna real estate market - Today I am in the midst of providing an out-town-colleaque with an opinion of value for a family members Kelowna home.  It has been on the market for four...

August 19, 2010
Kelowna and area weakening sale activity not like other areas of Canada - Everytime I read a newspaper on-line this week real estate descriptors have a common theme..... "slump",...

August 25, 2010
Excellent time to explore your Kelowna housing options - With interest rates still at historical low levels, steady home prices and a good selction of Kelowna homes to choose from, you have...

September 2, 2010
Kelowna real estate market bright spots - I had a sense the past couple of months which is validated by Okanagan Mainline Real Estate Board records that Kelowna summer monthly house sales...

September 6, 2010
Fundamentally a healthy Kelowna housing market - Okanagan Mainline Real Estate Board (OMREB) reports that Multiple Listing Service® (MLS®) residential sales in the Central Okanagan...

September 9, 2010
Kelowna real estate is my forte - The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) report August 2010 sales activity of al MLS property types picked up as summer comes to an end and the...

September 22, 2010
Is now a good time to buy or sell a Kelowna home? - Without hesitation I say "Absolutely!"   Kelowna Buyers and Sellers with a good sense of timing are taking action now.  Mortgage rates are...

September 28, 2010
Your first Kelowna home-sweet-home - I understand when buying your first Kelowna home it's important to find the home that fits your lifestyle with a monthly payment that allows you to sleep at night. ...

October 1, 2010
Kelowna homes sales decline in September - Kelowna home sales on a year-on-year overall basis were down in September for the fourth consecutive month.  In September, there were  88 single family...

October 6, 2010
Take advantage of Kelowna real estate opportunities where other's don't! - Yes, Kelowna single family residential sale numbers continued sliding downwards in September, hitting a low...

October 7, 2010
Attractive Kelowna level entry residence just listed - You've been toying with the idea to make Kelowna home or you live in Kelowna on larger property and wanting to settle a quiet setting as...

October 8, 2010
Kelowna household eco-nasties round up Oct 16th - Kelowna's last Household Hazardous Waste Round Up is being held Saturday, October 16, 2010 at the KLO Campus of Okanagan College.  It runs between...

October 16, 2010
Make Kelowna's Big White your recreational choice to invest - Kelowna's Big White has 118 runs fanning from it's summit, 2,565 acres of skiable terrain, 16 ski lifts and great selection of...

October 19, 2010
Breakout West 2010 Festival and Kelowna real estate - If you are attending Kelowna's Breakout West 2010 Festival this weekend and fallen in love with our Okanagan Valley - I can find you that...

October 20, 2010
Kelowna real estate market "reset" - The Kelowna real estate market is not "dead" but rather, not unlike other Canadian communities real estate markets, it has just "reset".  Despite the housing sale...

October 27, 2010
Commit to major renovations for your Kelowna home or just sell and move? - To help you with your decision making I came across Renova, an interactive web-based guide provided by the...

October 28, 2010
Mortgage broker contacts for your Kelowna real estate purchase - My how times have changed.  When I first started my real estate career in 1988 most of my clients were leary to consider...

October 31, 2010
Kelowna real estate bargins abound - Everyday we are bombarded with news lines such as "home prices are dropping",  "slowdown in housing market is unfolding", "correction in the housing market",...

November 3, 2010
Overall performance of Kelowna's real estate market back to 2004 - For the fifth month in a row Kelowna residential home sales fell.  October sales were down 25.5% compared to October...

November 8, 2010
Okanagan Market Watch past 7 days..... - Graphs say it all.  Snap shot of our local market activity.  Welcome your contact if you have any questions!    

November 13, 2010
Okanagan snapshot of residential sale activity - All real estate talk lately repeatedly is saying that no facet of the real estate market - new, existing or rental - is expected to have dramatic...

November 20, 2010
Calmer Central Okanagan housing market - Beginnng of 2010 the Central Okanagan single family residential housing market sale activity totals increased monthly as the year unfolded.  Buyers acted...

November 24, 2010
Chilling out! - Off to Singapore for 10 days commencing Nov 24th, then Dec 5th catching a 17 day cruise  from Singapore with  two port calls to Vietnam, one in Benoa, and four in Australia arriving in Sydney,...

January 4, 2011
Mortgage rates - what to expect in 2011? - This morning I attended a meeting with Chris Murphy of Dominion Lending Centres giving his take of what to expect this year with mortgage rates.  First...

January 8, 2011
Kelowna 2010 average house price is above the Canadian average - Good news!  Every morinig since the turn of the new year I've been reading positive on-line headlines.  Canadian real...

January 13, 2011
2011 Kelowna Market Trends Outlook - Consumer confidence will be the key factor in the transition of Kelowna's real estate market in 2011.  With softer sales conditions and flat home prices, savvy...

January 15, 2011
Okanagan real estate facts - With 2010 behind us Okanagan Mainline Real Estate Board mulitple listing numbers are in for the *Central Okanagan: 11,850 properties were listed which was down 7% over...

January 16, 2011
AFFORDABLE: $349,500 OPEN HOUSE Sunday 1-3 pm JAN 19th, 2011 - Okay I got it!  Have you? All the real estate experts are predicting "rosey" news for the 2011 Canadian real...

January 16, 2011
Kelowna home sales in review - 2000 to 2010 - Kelowna home sales last year were strong in the first half of the year.  The pace of residential sales slowed as the year progressed but over all,...

January 18, 2011
Mortgage Chatter - This morning e-news headlines were full with talk about the resulting new mortgage rules and anticipated effect. At a meeting this morning with my realtor colleagues, Chris Murphy, mortgage...

January 20, 2011
Kelowna house prices and sale activity - Fifteen neigbourhoods comprise the City of Kelowna.  Of course some neighbourhoods..... are larger than others may have a greater selection of new or...

January 21, 2011
Renovate or sell your home? - To help you with your decision making I came across Renova, an interactive web-based guide provided by the Appraisal Institute of Canada (AIC).  Click on the above mentioned...

February 9, 2011
RE/MAX Barometer Report for Kelowna - RE/MAX of Western Canada, RE/MAX Ontario-Atlantic and RE/MAX Quebec released the RE/MAX Housing Barometer Report 2011 to the Canadian Media on February 8, 2011. ...

February 11, 2011
Kelowna real estate tweets expanded beyond 140 characters - My recent tweets on twitterverse vary about real estate and limited to 140 characters.  First blush it may just appear as real...

February 17, 2011
"Wild Card" props up Canadian housing markets over past decade - TIghter inventory levels heped to make the last decade one of the healthiest periods on record for Canadian real estate,...

March 13, 2011
Kelowna's Housing Market Continues Normalization Trend - Sales activity of all MLS property types improved over last month but were down from sales reported at this time last year as buyer...

April 4, 2011
Quarterly Look at Central Okanagan's real estate market -Single family residential - As the new year advances so is Central Okanagan real estate activity.  Monthly house...

April 6, 2011
First-time homebuyers boosting housing market this year: Re/Max - RE/MAX Canada yesterday released its 2011 First-Time Buyers Report which indicates that first-time buyers are contributing...

April 11, 2011
Ever wonder who is buying homes in the Okanagan - Shuswap? - Recently Okanagan Mainline Real Estate Board [OMREB] initiated a Monthly Buyers Survey to its Board realtors.  Survey...

April 19, 2011
Kelowna's Buyer's Market Conditions - Buyer's market conditions have contributed to an upswing in home-buying activity in  Kelowna, with first-time purchasers taking advantage of pricing, selection and...

April 25, 2011
Graphic snapshot of Central Okanagan, Kelowna and West Kelowna house market - Visual illustrations assist to comprehend market trends.   As a result, below is my April 4th blog:...

April 30, 2011
It's a buyers market in the Okanagan! While it lasts whose buying? - Results are just in for Okanagan Mainline Real Estate Board March 2011 Buyer Survey which profiles who the...

April 30, 2011
Market watch of Kelowna and area - The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) reported March 2011 sales activity of all MLS property types improved over February but dipped...

May 2, 2011
Just a blip or a trend for more to come? - Numbers are not yet finalized with the Okanagan Mainline Real Estate Board but it looks like the trend for Kelowna and area first quarter is changing........

May 4, 2011
Finding the right fit! - Great news for anyone considering a strata purchase in the Kelowna area!  There are currently 1,434 strata properties to choose from.  Appreciate we all have a buget and specific...

May 6, 2011
Housing market tempers going into spring - The Central Zone of the Okanagan Mainline Real Estate Borad (OMREB) reported April 2011 sales activity of all MLS property types dipped compared to sales...

May 7, 2011
Market watch weigh-in - At the present time the Okanagan real estate market is weighing heavy with properties for sale in contrast to sale activity. Currently 8,305 properties for sale with the Okanagan...

May 8, 2011
Is Kelowna area an affordable move option for you? - Vacationing in the Okanagan has been your introduction to the area. You love it! Now opportunity allows a move and you are seriously...

May 11, 2011
Markedly moderate housing market - Sale activity of all MLS property types dipped this April compared to sales reported at this time last year thus slowing the busier than normal start we had in 2011...

May 13, 2011
B.C. market activity and the Okanagan area - The British Columbia Real Estate Association (BCREA) reports that Mulltiple Listing Service (MLS) residential unit sales in B.C. declined 14% to 7,187...

May 14, 2011
Real Estate Recap - It's the weekend,  time to chill out and catch up! Real estate recap is my weekly one-stop read of the past weeks real estate, mortgage, home maintenance, decor and weird news  that perked...

May 16, 2011
The numbers say... - RESIDENTIAL There are a lot of  properties for sale in the Okanagan area! The weekly graphs from the Okanagan Mainline Real Estate Board (OMREB) show listing activity continues to be...

May 18, 2011
Luxury home demand - Demand for Kelowna and area luxury homes continues to fall short of last year's levels, down -8.3%. 22 Central Okangan homes selling over 1 million have changed hands from January to April...

May 21, 2011
Real Estate Recap - At this time the Kelowna orchards are blanketed with taraxacum seedheads and it's.....Victoria Day weekend!  A public holiday across Canada celebrating Queen Victoria's birthday on Monday,...

May 22, 2011
Can't see the upside in today's market? - Week after week you're hearing the same old story that there are gazillion homes on the market and sales are precious.  You like to move but think that the...

May 23, 2011
Sold on the Okanagan area - Local yokols were the predominate players and successful shoppers of Okanagan real estate this past month.  Albertans were next.  As it warms up so does the Albertan interest to...

May 27, 2011
What price home can I afford? - As a "rule of thumb" you can afford to buy a home equal in price to twice your gross annual income. More precisely, the price you can afford to pay for a home will depend on...

May 28, 2011
Real Estate Recap - Living in the Okanagan amongst world class vintners and a vibrant wine community we can include winery tastings as a weekend activity ~ YES!   In addition to wine tastings this weekend here...

May 29, 2011
Got your eye on something? - Timing is everything! Okanagan Mainline Real Estate Board (OMREB) weekly graphs show lots of properties continue to be listed as well as downward price adjustments. Weekly sale...

May 30, 2011
Canadian housing market stablizing in 2011 - OTTAWA, May 30, 2011 — Housing starts are forecast to stabilize at levels consistent with demographic fundamentals in 2011 and 2012, according to...

June 3, 2011
Kelowna area spring market - The Kelowna area single family residential market is "somewhat" following the typical springtime fashion of residential sales upswing however not with the strength and...

June 3, 2011
Real Estate Recap - Yippee, its the weekend. The weatherman is saying lots of sunshine with highs today of 27C and Sunday 29C! So grab the kids, spouse, or signifcant other and check out some of the Kelowna area...

June 5, 2011
Getting sold in today's market - Your a homeowner. You've been watching the Kelowna area real estate market. You want to move but hesitant as you notice where ever your driving around for whatever that...

June 7, 2011
Housing pulse - May market numbers are in for the Central Okanagan! Okanagan Mainline Real Estate Board (OMREB) May stats show active listings, sales, average and median price are all slightly down from last...

June 8, 2011
CMHC May 2011 Housing Starts - CMHC, Canada's national housing agency provides the housing industry and consumers with the latest statistical information and analysis of housing trends. The agency released...

June 8, 2011
Kelowna and Southern Interior housing starts - Canada Mortgage and Housing Corporation (CMHC) just released their national May 2011 Housing Starts report as well as regional ones which includes...

June 10, 2011
Kelowna area market dynamics - Sales of existing homes are forecast to move higher in 2011 and 2012.  Favourable interest rates combined with strong price competition will support modest growth in demand...

June 12, 2011
Weekend tidbits & Real estate recap - I know what I am up to this weekend ~ work and play of course!  I can make that happen and why I love Kelowna and what I do! How about you? Undecided?  Well maybe...

June 13, 2011
Okanagan area Market Watch - Week after week a good supply of Okanagan area residential properties continue to come onto the market as shown by Okanagan Mainline Real Estate Board (OMREB) weekly Market...

June 14, 2011
Kelowna area recreational properties - RE/MAX of Western Canada just released yesterday a recreational property report saying...."the Canadian recreational property market is gaining serious traction...

June 17, 2011
Okanagan buyers - On the average during the first 5 months of 2011, Okanagan home buyers have been coming from within the Okanagan Mainline Real Estate Board (OMREB) area (60.3%); Alberta (13.64%; other areas of...

June 18, 2011
Real Estate Recap & Weekend Tidbits - The weekend is upon us and it's time to catch up on things.  For some of us it is simply doing things around the house such as housekeeping, maintenance, gardening...

June 19, 2011
Close look at housing activity - We're almost half way through 2011 so we have some sale history to compare market activity with last year.  We know from Okanagan Mainline Real Estate Board's (OMREB)...

June 20, 2011
Wallet size of Kelowna area buyers YTD - Again and again you hear that Kelowna area housing market is  in favor of buyers. What does that mean?  A buyer's market is simply a market which has more...

June 21, 2011
Kelowna luxury market - Kelowna's luxury market ~ selling over one million dollars accounts for 3.35% of single family residences sold year-to-date* (ytd) and 4.7% in 2010.  Reality is, today's active real...

June 25, 2011
Kelowna activities & Real Estate Recap - Summer officially kicked in June 21st and Kelowna continues to have 'iky' weather~unusual to say the least but appears not unlike abnormal weather trends other...

June 26, 2011
Okanagan real estate update - Here is my update on the Okanagan real estate market. Previous week's numbers are in brackets. For the past 7 days for residential real estate: New Listings: 346 (341, 413,...

July 1, 2011
A Song For Canada -   Canada's Walk of Fame is creating A SONG FOR CANADA and we want you to participate!   Canadian musicians Rane Maida and Chantal Kreviazuk join pianist, producer and songwriter Stephen...

July 1, 2011
Kelowna house numbers are in! - The past six months has whizzed by and whooh ~ numbers are in to give us a feel how the Kelowna house market is doing in comparison to past years.  We haven't quite topped...

July 2, 2011
Kelowna and West Kelowna house markets - If you're visiting the Kelowna area you may not know that William R. Bennett Bridge over Okanagan Lake connects the District of West Kelowna 28,793 citizens*...

July 3, 2011
Scoop on Kelowna's strata market - Interest to purchase Kelowna strata is a runner up to single family residential!  First six months of this year shows folk's purchase focus has been: 37.26% strata...

July 4, 2011
Kelowna's manufactured home market - Kelowna offers many housing choices to buy which incudes manufactured homes (MH) in parks where property ownership is not necessary.  2.75% of Kelowna's purchases...

July 5, 2011
Kelowna lots and acreage activity - At this time there is a good selection of Kelowna lot and acreage oppotunities if you've worked your way through the existing Kelowna house supply and just can't find...

July 6, 2011
Who is buying homes in Okanagan - Shuswap? - Ever wonder where home buyers come from?  Since September 2010, the Okanagan Mainline Real Estate Board (OMREB) has been collecting information from...

July 7, 2011
Okanagan Second Quarter Housing Forecast - The British Columbia Real Estate Association (BCREA) represents 11 member real estate boards and just released its 2011 Second Quarter Housing Forecast June...

July 8, 2011
Kelowna area housing market conditions - The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) reported June 2011 sales activity of all MLS property types were down compared to sales...

July 9, 2011
Kelowna area events & Real Estate Recap - Overall weekend weather forecasts say mainly sunny with highs of 26C to 27C with a titch of wind ~4km.  For some  of you this is a bit cool for this time of...

July 11, 2011
Okanagan weekly market watch - SINGLE FAMILY RESIDENTIAL seven days advance of July 11th SINGLE FAMILY RESIDENTIAL seven days advance of July 4, 2011 Here is my update on the Okanagan real estate market....

July 18, 2011
Weekly Okanagan Market Watch - Here is an update on the Okanagan residential real Estate market.  A quick scan of weekly numbers continues to show new listings out weigh sale numbers.  Buyers continue to...

July 20, 2011
Folks sold on the Okanagan - Shuswap! - Since September 2010, the Okanagan Mainline Real Estate Board (OMREB) has been collecting information from its members with regards to where buyers are coming...

July 21, 2011
How does your neighborhood score? - Drive and Walk Score are two nifty, cool sites that will rate a street address according to proximity of local amenities. Drive Score shows a map of what...

July 25, 2011
Close look at Okanagan's residential market - Here is a weekly update on the Okanagan residential real estate market.  Weekly numbers since the onset of 2011 continue to show supply is greater than...

July 26, 2011
Save money, save energy - If history repeats itself home inspector Bill Johnson has a busy year ahead of him. Why? The government has renewed its popular ecoEnergy Retrofit Homes program, an initiative that...

July 27, 2011
Beware of impostors at the door - What if some one comes to your door, trying to sell you a new vacuum cleaner?  Will you bite? If you have a vacuum cleaner that works, you probably tell the salesman to...

July 28, 2011
Okanagan summer music festivals - There is more to the Okanagan area than wine and golf!  Time it right you can enjoy some great weekend music festivals that the Okanagan area offers.  Here are few that...

July 29, 2011
Non-smokers can change strata bylaws - The Heart and Stroke Foundation of B.C. and Yukon commissioned  BC Stats to conduct a survey of British Columbians living in condominiums and apartments about...

July 31, 2011
Must-have house hold documents - Running a household is a veritable never-ending to-do list.  There's always something that needs to be taken care of, from groceries to gardening or just trying to keep...

August 1, 2011
Kelowna house market update - Kelowna house sales were up approximately +31% this July compared to July 2010, down -26% from last month [June] and down -9.5% year-to-date from last year's first seven...

August 2, 2011
Weekly Okanagan Market Watch - Here is my weekly update on the Okanagan residential real estate market. Contrary to some Canadian city markets year-to date Okanagan home prices are not accerlerating as...

August 3, 2011
West Kelowna & Kelowna house market update -   If you're a newcomer to the Kelowna area it is quite easy to assume that all the housing (single family residential) you see on either side of William...

August 4, 2011
Kelowna strata update - Kelowna's latest strata figures show a surge in July sales ~ the strongest month year-to-date!  July strata sale numbers were up 58.5% from June and 91% from July 2010.  Inspite of...

August 5, 2011
West Kelowna & Kelowna strata update - West Kelowna strata market is quite a bit smaller than Kelowna's nonetheless when making a purchase in the Kelowna area, it's a location to make certain to look...

August 9, 2011
Kelowna area lots & acreage update - You've been actively looking for the right Kelowna house fit and haven't found it ~ now what?  Build your own home?  Why not!  Good timing as lot supply is ample,...

August 10, 2011
Buyers market prevails as summer continues - The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) reported July 2011 sales activity of all MLS property types improved significantly...

August 11, 2011
Okanagan Weekly Market Watch - New listings keep coming onto the Okanagan real estate market week after week but according to Okanagan Mainline Real Estate Board (OMREB) the supply is slowly declining...

August 12, 2011
Real Estate Acronyms - An acronym is an abbreviation formed from initial letters, for example, Okanagan Mainline Real Estate Board is known by the acronym 'OMREB' and Multiple Listing Service as 'MLS'. Often...

August 15, 2011
Summer buyers sold on the Okanagan-Shuswap - Ever wonder where home buyers come from?  Since September 2010, the Okanagan Mainline Real Estate Board (OMREB) has been collecting information from its...

August 16, 2011
Okanagan Real Estate Weekly Snapshot - Here is the past week snapshot of Okanagan resdential real estate activity with previous weeks and month in brackets to compare and notice it is not a Sellers...

August 17, 2011
Kelowna area hard real estate market facts - The past couple of days news headlines report Canadian Real Estate Association's (CREA) revised  real estate market forecast of "stronger than expected...

August 18, 2011
The Kelowna Apple Triathlon this weekend! - The Kelowna Apple Triathlon features a very spectacular spectator-friendly course in the heart of downtown Kelowna.  Multiple loops are used for various...

August 19, 2011
Province launches interactive maps of flood-prone areas - Rising sea levels could cause flooding in Metro Vancouver communities that never had to worry about it before, such as False Creek and...

August 20, 2011
The case for freehold townhomes - B.C.'s land title laws are standing in the way of Vancouver welcoming a form of housing that could add to diversity in the city and help to improve housing...

August 21, 2011
Unclaimed property and funds - Millions of dollars goes unclaimed by British Columbians every year.  Forgotten credit union accounts, unpaid wages, overpayment to debt collectors, as well as unclaimed...

August 22, 2011
Okanagan: 5 Things to do with Peaches, other than Pie - During July and August, when sweet and juicy white and yellow peaches are in season, I get more excited than a twelve-year-old girl at a...

August 23, 2011
Chinese buyers take a shine to Okanagan Wines - Painted Rock Vineyards, on of the Okanagan's top new wineries, has signed a distribution agreement with a Chinese wine brokerage in a stategic...

August 24, 2011
Kelowna Housing Market Outlook - CMHC - Kelowna Highlights: Demand for new and existing homes is forecast to pickup in 2011.  Stronger employment growth will boost demand through 2012. Sales of...

August 25, 2011
PNE 2011 prize home settles in Kelowna! - The 2011 PNE craftmans-style home that Vancouver's PNE vistors have been veiwing will settle in Kelowna's Upper Mission neighborhood overlookiing Okanagan...

August 26, 2011
B.C's. home sales, property values to slow as job growth ebbs: BCREA - Slower job growth in British Columbia's economy will mean slower increases in home sales and property values...

August 27, 2011
Where there's a will, there's protection for your possessions - Coquitlam resident Maureen Zaraycki was ony 62 when she died of complications from diabetes last July. After she died, her...

August 29, 2011
Unsexy, but essential, repairs - What did you think would happen?  I know I'm going to sound like an old guy here, but I can't believe how little common sense people seem to have these days.  I've just...

August 30, 2011
On 'Consumed', one person's junk is another person's TV treasure - The house is a block from the ocean in Richmond, B.C..  Inside it is dark and has the faint smell of ... stuff....

August 31, 2011
EcoEnergy Retrofit returns - I'm happy to report in July the federal government renewed the ecoENERBY Retrofit program -- a great program that ended earlier this year.  For the next eight months -- until...

September 1, 2011
Kelowna house market activity ytd - Gosh ~ the summer months of July and August seem to me to have whizzed by!  Today, being September 1st is a reminder 'Fall' is around the corner. Being the first day...

September 2, 2011
Kelowna strata market activity ytd - Kelowna strata sale activity is not unlike single family residential.  August strata sales were less than the month before as well as year-to-date: 2011 August vs...

September 4, 2011
Fluffling the rental pad - The rental apartment had good bones -- high ceilings, original woodwork, abundant light -- and its city location unbeatable. But when Alice Danino moved into her two-bedroom home,...

September 5, 2011
Kelowna lot and acreage activity ytd - Kelowna lots and acreages sale activity is not unlike Kelowna's single family residential and strata - August sale numbers came in less than the previous month ~...

September 6, 2011
West Kelowna house market activity ytd - If your a visitor to the Kelowna area first blush, you may not know that there is the District of West Kelowna and a City of Kelowna.  West Kelowna is on the...

September 7, 2011
Summer finishes with steady home sales - The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) reported August 2011 sales activity of all MLS property types slower than this time last...

September 9, 2011
A Natural StairMaster: Knox Mountain - Knox Mountain Park is located walking minutes north of Kelowna's downtown core, adjacent to Okanagan Lake.  The 230 hectares park offers stunning vistas of...

September 10, 2011
Staying on top of real estate - RE/MAX Western Canada just made available a free mobile app to keep you on top of real estate to find your home-sweet-home!  The app enables you to search for Western...

September 16, 2011
8 Unexpected Awesome Wine Regions - It's easy to be blinded by the stars. In the world of wine, you might argue that this is especially true, where the superstar regions of France, Italy, California, and...

September 17, 2011
Personalized home search - A 'personalized home search' is a customized MLS home search function that can be sent to your inbox ~ it's as easy as that!  Once your search criteria is set-up the first email...

September 19, 2011
Switch the old thermostat - Do you have a mercury-filled thermostat that dates back to the days when avocado appliances were modern? Well, the heating and cooling industry thinks it's time to toss those...

September 20, 2011
Small appliance recycling program - Commencing October 1st, 2011, British Columbians will be able to drop off old or broken small appliances such as toasters, electric shavers, garment steamers, vacuum...

September 21, 2011
Protecting your investment with seasonal maintenance - Fall is the best time to get all those seasonal home maintenace projects done around the house before the winter rains.  People in the...

September 22, 2011
RCMP on-line list of grow-up addresses - You can now visit  a website listing the addresses of homes, outbuildings in residential, rural or commercial and industrial areas where Royal Canadian...

September 22, 2011
Who's buying homes in the Okanagan-Shuswap? - Ever wonder where home buyers come from?  Since September 2010, the Okanagan Mainline Real Estate Board (OMREB) has been collecting from our members...

September 23, 2011
Is your home inspection out-of-date? - Most people think about getting a home inspetion when they buy a house, and with good reason.  I think anyone who buys a house without paying for a professional...

September 26, 2011
5 Reasons this might be a good time to buy a home - According to a recent news release from British Columbia Real Estate Association (BCREA), August 2011 versus 2010 year-to-date residential...

September 30, 2011
The most reliable source of real estate information - Housing market information orginating from the Multiple Listing Service (MLS) has long been recognized as the most reliable and...

September 30, 2011
One of the many benefits of living in the Okanagan! - The Okanagan celebrates four wine festivals each year ~ Spring, Summer and Fall as well as the Icewine Festival.  Yesterday was the...

October 3, 2011
September 2011 Single Family Residential Numbers - Numbers are in from Okanagan Mainline Real Estate Board (OMREB)  to give us a picture of the Kelowna area real estate activity for September as...

October 4, 2011
Happening price ranges - Wow, how times flies ~ it seems only yesterday we were anticipating how Kelowna's 2011 real estate market would unfold. Today we have nine months of sales history to see which price...

October 6, 2011
Housing market showing signs of stability going into Fall - The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) reported September 2011 sales activity of all MLS property...

October 11, 2011
Canada's home building steams ahead - Home construction rose more than expected in September, led by multiple-units activity, according to Canada Mortgage and Housing Corp. CMHC said Tuesday that...

October 15, 2011
Investors keep running to the arms of housing - It's going to crash, it's going to crash.  How many times have we heard this about the Canadian housing market?  Sometimes commentators use more...

October 18, 2011
National market tightens, but still balanced - On a monthly basis the Canadian Real Estate Association (CREA) puts together statistics of existing homes and properties sold through the Multiple...

October 21, 2011
Portable, on-the-go real estate information - The most visited real estate website in Canada is REALTOR.ca which is operated by the Canadian Real Estate Assocation (CREA) on behalf of REALTORS...

October 22, 2011
Okanagan-Shuswap buying dynamics - Approximately 60% Okanagan-Shuswap homebuyers have been coming from within the region and the balance, a sizable proportion of approximately 40% from buyers that...

October 25, 2011
Bank of Canada interest rate announcement - As was universally anticipated, the Bank of Canada opted to hold its target overnight rate at 1 per cent this morning.  Ongoing uncertainty in the...

October 28, 2011
Regular inspections prevent occurance of problems - Inspecting your home on a regular basis and following good maintenance practises are the best way to protect your investment in your home....

October 31, 2011
October 2011 Kelowna area numbers - MLS numbers are yet to be finalized nontheless we can still get a good picture of what has been happening this October with Kelowna and West Kelowna housing market....

November 6, 2011
Peek inside Christmas glitzed Kelowna homes - Get in the festive holiday spirit  this coming weekend by attending Ballet Kelowna's inaugural self-guided tour of six incredible, private residences...

November 8, 2011
Kelowna house prices climbed 156% - New construction, more than infill and renovation, has served to support rising prices in Kelowna over the past decade.  The strength of new construction exceeded the...

November 8, 2011
Okanagan market continues to stablize - The Okanagan Mainline Real Estate Board (OMREB) reported October 2011 sales activity of all MLS property types remained similar to this time last year and were...

November 12, 2011
Kelowna's popular selling price range - 1,073 Kelowna homes have sold year-to-date. The way the numbers are trending with only a month and a half away from year end we could be 'nip-and-tuck' with 2010...

November 15, 2011
Home sales climb higher outside Vancouver - The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service (MLS) residential unit sales in the province rose 6.5% to 5,865...

November 17, 2011
Insight into Kelowna foreclosure activity - The number of court ordered sale activity has increased over the last couple of years according to data available on Okanagan Mainline Real Estate Board...

November 21, 2011
Kelowna's $1-Million Plus Club - One of 22 Kelowna homes sold for more than a million dollars year-to-date (ytd) and one of 25 in West Kelowna. 71.43% of the home sale activity ytd (1,526) is in Kelowna...

November 24, 2011
'The Skinny' on Okanagan Buyers - Serious buyers are taking advantage of the Okanagan's current buyers market and leveraging their positive purchasing power while it lasts. Okanagan home buyers have been...

November 25, 2011
Okanagan, Kelowna residential forecast: 2011 and 2012 - MLS residential sales through the Okanagan Mainline Real Estate Board are estimated to edge down 1 per cent to 4,790 units this year....

November 26, 2011
Okanagan Weekly Real Estate Market Watch - The following is a recap on the Okanagan* real estate market for the past seven days. # New listings: 164 # Sales: 84 Ratio: 51% # Price Changes: 152 #...

December 1, 2011
House sale momentum - Historically it is not unusual for Kelowna's single family residential sale activity to soften at this time of the year as folks become focused on seasonal obligations. November's 69 house...

December 2, 2011
Winter Selling Tips To Help Get SOLD - RE/MAX Agents Share Ten Ways to Get the Best of Winter When Selling Your Home If your home will be for sale this winter, it is important to master certain...

December 3, 2011
Kelowna Real Estate Market Watch Dec 3, 2011 - Here's a recap of Kelowna and West Kelowna residential real estate activity in the past seven days..... # new listings: 74 (22); # sales: 50 (12);...

December 6, 2011
Kelowna Housing Market Outlook 2012 - 2011 marked a year of stabilization for Kelowna's residential real estate market, as activity and prices firmed up.  Entry-level buyers led the charge, while the...

December 9, 2011
New Construction Ups and Downs - Canada Housing and Mortgage Corporation (CMHC) 'Preliminary Housing Start Data' is a monthly publication giving up-to-date stats on housing starts provincially as well as...

December 10, 2011
Kelowna Real Estate Market Watch Dec 10, 2011 - Here's a recap of Kelowna and West Kelowna residential (single family residential, strata, manufactured homes, recreational and lots & acreages)...

December 13, 2011
Faster and easier net real estate experience! - Earlier this month REALTOR.ca upgraded the site to improve and simplify your real estate search net experience.  This new version offers great new...

December 16, 2011
Nationally Home Sales Edge Higher - Canadian Real Estate Association (CREA) just released its monthly stats on national housing activity which shows sales edged higher in November 2011 from the previous...

December 17, 2011
Kelowna Real Estate Market Watch Dec 17, 2011 - HO! HO! HO! Here's a close-up of Kelowna and West Kelowna residential real estate activity in the past seven days. Active listings are holding on...

December 21, 2011
Okanagan Market Continues Normalization Trend - The Okanagan Mainline Real Estate Board (OMREB) reported November 2011 sales activity of all MLS property types were up 9% over this time last year...

December 31, 2011
HAPPY NEW YEAR! - With only hours away from the new year my curiousity could not wait for Okanagan Mainline Real Estate Board (OMREB) MLS stats to be finalized for 2011 sometime in the new year.  So here is what...

January 1, 2012
2012 - First day of the 2012 is a great time to anticipate where Kelowna area real estate market activity is heading. With 2011 behind us we know that 2011 total sale activity numbers were similar to 2010 and the...

January 2, 2012
Supply - Demand - If no one listed their residential property today, at the current rate of Kelowna and West Kelowna residential* property sales it would take over 16 and 27 months respectively to sell off all...

January 3, 2012
Prices & Sales over the Years - This happy homeowner roped in a sale along with 1,204  Kelowna homeowners in 2011! Overall 2011 Kelowna house sales activity was a little less than 2010 (1,245) and the...

January 4, 2012
Property Assessments - Kelowna area homeonwers can anticipate lower property assessments this year according to BC Assessment Authority (BCA) 2012 assessment information posted on their interactive online...

January 6, 2012
Million-Dollar-Plus Homes - Last year million-dollar-plus home sales accounted for 4.48% of Kelowna home sales and 3.56% in West Kelowna. Of Kelowna's 53 million-dollar-plus  home sales, $5.2 mil was the...

January 7, 2012
Central Okanagan Market Report - December - The 2011 real estate market finished on a stronger note than it began.  December's residential sales were up over 9% over the same time last year but more...

January 10, 2012
Canadian Housing Starts - British Columbia Real Estate Association (BCREA) just released it's 'BCREA Economics Now' regarding Canadian Housing Starts: "Canadian housing starts rose almost 8% month over month...

January 20, 2012
First 20 days of 2012's residential market -   60 buyers have taken advantage of purchasing a Kelowna area home in the first twenty days of 2012. And 1,321 Kelowna area sellers have their homes...

January 25, 2012
What's moving our local real estate market? - Up to 40% of Kelowna area sales come from non-local buyers. In the past 16 months Okanagan Mainline Real Estate Board (OMREB) has been collecting...

January 27, 2012
Typical regional real estate sales patterns in 2012 - The British Columbia Real Estate Association (BCREA) just released its 2012 First Quarter Housing Forecast Update today. "British Columbia...

February 3, 2012
January house shoppers - Kelowna area home sales activity is typical for the first month of the year~ a lower number of sales likely improving in the months ahead. According to Okanagan Mainline Real Estate...

February 6, 2012
Serious strata buyers are active anytime of the year! - As we ushered in the new year Kelowna area January strata market activity was not unlike houses. Okanagan Mainline Real Estate Board...

February 8, 2012
We are off to a good start - The Okanagan Mainline Real Estate Board reported "overall sales in the Central Zone (Peachland to Lake Country) slipped by 0.9% to 211 units ($74.8 million) compared to 213...

February 10, 2012
Million Dollar Homes - Forty-one days into 2012 there has been 1 one million-plus Kelowna home sale, approximately 1 percent of the year-to-date home sales and none yet in West Kelowna.  Our local real estate...

February 15, 2012
Home sales rise outside Lower Mainland - The British Columbia Real Estate Association (BCREA) just released its report 'that the dollar volume of homes sold through Multiple Listing Service (MLS) in...

February 16, 2012
Foreclosed properties a deal? - 'Home Foreclosures Skyrocket in Kelowna', 'Number of Foreclosures Rising in the Central Okanagan' are news titles hitting the air and net waves the past couple of days....

February 21, 2012
Buying a new-home? New-vacation or recreational property? - February 17, 2012 the BC government released information regarding the HST to PST transition measures for the purchases of...

February 23, 2012
New reg's improve BC strata corporation accountability - Potential strata property buyers have more information available to them as a result of changes made to the BC Strata Property...

February 25, 2012
Kelowna Real Estate Weekly Market Watch - Feb 24/12 - Here is a seven day picture of the Kelowna and West Kelowna residential real estate market: KELOWNA Feb 18-24 NEW LISTINGS 112 #...

March 1, 2012
Kelowna house selection broadens, demand improves - February 2012 numbers are in to give us a picture of how the Kelowna and West Kelowna housing market is unfolding.  Crunching the MLS numbers...

March 2, 2012
Notable Kelowna strata trends - Kelowna strata market is not unlike the single family residential market with sales and active listings numbers picking up In February compared to January.  Even though...

March 3, 2012
Interesting Okanagan buyer profiles -   Each month the Okanagan Mainline Real Estate Board (OMREB) asks the Okanagan Realtors to respond to a survey with regards to where buyers are coming from both...

March 4, 2012
Kelowna Real Estate Weelkly Market Watch - Mar 2/12 - As the weather warms so does Kelowna weekly sale activity.  This trend is not unlike many real estate markets.  What continues to make...

March 9, 2012
How's the market? - We anticipate that newly released HST Transitional Rules, continued low interest rates and abundant supply will spur the market in 2012 as first-time home buyers, new home buyers and...

March 10, 2012
Kelowna Real Estate Weekly Market Watch - Mar 10/12 - Sieving through the past weeks variety of opinon about the direction of Canadian home prices it looks like through 2013 "flat is the new...

March 16, 2012
Home Sales in Interior/North Outpace Province - The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service (MLS) in BC...

March 17, 2012
Use cutting edge real estate technology - First to the real estate market in Canada, RE/MAX of Western Canada is pleased to announce its new Augmented Reality feature, 'Live View' on the free RE/MAX...

March 18, 2012
Kelowna Real Estate Weekly Market Watch - Mar 17/12 - The Kelowna area real estate market momentum is shadowing 2011's as we approach the spring and summer seasons.  The residential supply...

March 22, 2012
A more competitive real estate market takes shape - According to s report just released by RE/MAX, 'Major Canadian real estate markets continued to show exceptional resiliency throughout the...

March 25, 2012
Kelowna Real Estate Weekly Market Watch - Mar 24/12 - Unlike the sizzling real estate markets of Vancouver, Toronto and Canadian resource-rich areas where demand is strong and supply...

April 1, 2012
Kelowna price and activity trend - Month after month new listings continue to outpace sales in Kelowna and West Kelowna.  Okanagan Mainline Real Estate Board's (OMREB) final MLS March numbers will be...

April 3, 2012
2012 First Quarter Kelowna Real Estate - First three months of 2012 have past and we now have year-to-date (1st Qtr) results for Kelowna and West Kelowna real estate markets. 2012 1st Qrt sales totals...

April 8, 2012
How's the market? - The Okanagan Mainline Real Estate Board  (OMREB) reported March sales activity of MLS propery types was down slightly over the same month last year as consumers cautiously enter the market....

April 11, 2012
Kelowna new construction growth - A news release from British Columbia Real Estate Assocation (BCREA) says "Canadian housing starts jumped 5 per cent in March to a seasonally adjusted annual rate (SAAR)...

April 17, 2012
Interest Rate Decision April 17, 2012 - British Columbia Real Estate Association just released its 'BCREA Economic Now' saying "The Bank of Canada left its overnight rate unchanged at 1 per cent for...

April 20, 2012
Who are the Okanagan-Shuswap serious buyers? - Here is a little insignt of who the 'movers and shakers'  of our local real estate market during the first quarter of 2012 (January to March)...

May 1, 2012
Spring Market - Typically as Spring and Summer approaches in the Kelowna area* real estate sale numbers improve month-to-month.  Year-to-date single family residential has been following this typical 'warming'...

May 7, 2012
How's the market? - Things are looking up in the Okanagan real estate market as the 'Okanagan Sunflower', also know as 'Arrowleaf Balsamroot' blankets the local slopes in splashes of bright yellow! The Okanagan...

May 8, 2012
Pricing pressure - Kelowna area home sales are increasing month after month giving the impression the real estate market is improving but the number of homes sold - and the number of homes listed on MLS for sale...

May 16, 2012
Graphic representation of Okanagan Buyers - 1,756 properties have sold in the Okanagan Mainline Real Estate Board (OMREB)  area in the first four months of 2012.  OMREB covers the Central Okanagan,...

May 18, 2012
Kelowna Upper-end Enthusiasm - RE/MAX just recently released an 'Upper-End Report'  examining 16 major Canadian markets.  The first quarter of 2012 report of high-end real estate used price points that...

May 20, 2012
How much home could your rent buy? - Elaine Rustad, a Kelowna area mortgage consultant wtih Invis dropped by my open house this weekend with a great info sheet mentioning: "Mortgage rates continue to be...

May 24, 2012
Rental Property Still A Good Bet For Investors? - A close look at my stomping grounds show that from 1995 to 2011 the average sale price for a home in: Kelowna increased from $182,319 to $514,217...

May 30, 2012
RE/MAX & JUNE CONWAY Did You Know? - A full-time RE/MAX'ER since 1989 and achieved "Hall of Fame"  award 1996, "Platinum Club" 2006 and "Lifetime Achievement" award 2007!

June 4, 2012
Market Strength - How is Kelowna residential real estate market holding out? It's picking up! Each of the first three months of 2012 fell short of home sales compared to the year before however this past April...

June 5, 2012
Real Estate Numbers Reality - News chatter today is that Vancouvers' real estate market is showing signs of slowdown as listings continue to rise and sales drop. Well hello ~ welcome to our world!  Kelowna...

June 7, 2012
Digitization of Homes - It's happening and closer than you think. Digitized home technology is already here but apparently slow to be implemented.  It's just a matter of short time that new technology will...

June 14, 2012
Advantageous Market Conditions - Ultra low interest rates and Kelowna's current ample housing supply are advantageous market conditions for Buyers! Since 2002  the past month had the highest May active...

June 20, 2012
Market Dynamics - Real estate markets can be driven by local demand, demand stemming from outside the region or province, by international sources, or by a combination of all three. Knowing how many homes...

July 3, 2012
Close-up: Kelowna real estate - With half the year behind us we can see how Kelowna's single family residential (SFR) real estate market is doing compared to other years! Highlights for the first six...

July 5, 2012
Purchase in West Kelowna? Kelowna? - The two communities, City of Kelowna and the Municipality of West Kelowna are separated by a natural boundary, Lake Okanagan.  A five lane bridge structure called...

July 6, 2012
Housing Market Shift - The Okanagan Mainline Real Estate Board (OMREB) reported June 2012 sales activity of all MLS® property types showed marked improvement compared to the same month last year and the...

July 12, 2012
Kelowna Luxury Market - Kelowna area* luxury home market, $mil+, completed with 26 sales at the end of June compared with 29 in the first six months of 2011 and 47 in 2007. *Kelowna area includes the City of...

September 28, 2012
Kelowna Market Influences - Every real estate market has its own story to tell.  The story here in Kelowna is even though August had fewer sales than July, it outpaced August of last year by almost 30% with...

September 28, 2012
Overheated Real Estate Market - Over the past couple months we've been hearing that the Greater Vancouver real estate market is 'just' starting to cool off.  In contrast Kelowna's cooling off started way...

November 3, 2012
Kelowna High-End Properties - Annual sale totals of $Million-plus homes in Central Okanagan's residential market is falling behind previous year  totals.  In the past ten years 2007 was a record year with...

November 15, 2012
Nation-wide Real Estate Outlook - Not unlike most Canadian markets, Kelowna's residential activity started strong in 2012 but tapering as the year closes.  Have a look at Okanagan Mainline Real Estate...

January 11, 2013
Real Estate Power House - Two skilled, professional REALTOR®s have combined forces! It is with pleasure to announce my affiliation with Brent Eilers of RE/MAX Kelowna. The two of us have lots of great real...

January 18, 2013
Happy Kelowna area Buyers - Who is buying homes in the Okanagan‐Shuswap?  Folks who thought it was time to buy! Since September 2010, the Okanagan Mainline Real Estate Board (OMREB) has been collecting...

January 30, 2013
House Supply Strong - It's not hard to find a home to buy in the Kelowna real estate market! Active single family residential listings are up this January compared to the same time last year.  Other than...

March 20, 2013
Exceptional Kelowna Residence - Kelowna's Magic Estates is one of a number of major developments in the Glenmore area including Mount Royal and Golfview. Magic Estates is adjacent to Knox Mountain. A...

April 3, 2013
How's Kelowna housing market doing? - Since the economic downturn in 2008 most Kelowna house prices continue to adjust down as monthly sales numbers weaken and active listings continue to rise.  It's...

April 4, 2013
How's West Kelowna's market doing? - The Okanagan Sunflower is just starting to smother West Kelowna slopes with color and so are house For Sale signs! West Kelowna's residential median sale price...

April 9, 2013
Kelowna Housing Starts - British Columbia Real Estate Association's just released BCREA ECONOMICS NOW reports 'Canadian home-builders broke ground on 184,208 new units at a seasonally adjusted annual rate...

April 12, 2013
ATTN: Discerning Buyers - Offered for your consideration is a beautifully appointed, gorgeous family home with a traditional floor plan ~ four bedrooms up.  The main floor living areas include a formal living...

April 15, 2013
OPEN SUNDAY 2-4:30 pm APRIL 21, 2013 Precious Kelowna Property - Kelonwa's Upper Mission is primarily an upscale residential area made up of many large subdivisions of new and older homes....

April 15, 2013
Impressive West Kelowna home - West Kelowna's hub is Westbank Centre. A growing concern so-to-speak for a changing landscape of commercial and housing construction. Right in this outstanding central West...

April 25, 2013
Perfect Kelowna Retirement Home - In the heart of Kelowna is a sought-after 55+ gated community called 'Sandstone'. It is a quiet, peaceful development of 189 detached homes located just a short walking...

April 26, 2013
Kelowna Residential Property Value - Kelowna had the fifth highest average value per dwelling in Canada in 2011 according to a Statistics Canada report released yesterday, April 25th, 2013. Statistics...

April 26, 2013
Delightful Kelowna Executive Home - Found in Kelowna's Glenmore neighborhood is a gracious styled executive family home on one of 'Magic Estates' most desired and quiet cul-de-sacs. This wonderfully...

May 9, 2013
Kelowna Still A Buyer's Market - After a year when the Okanagan Mainline Real Estate Board posted the most MLS® residential sales since 2009, home sales are expected to edge back 2.8 per cent to 5,250...

June 4, 2013
Helpful Buyer Guides - For most of us, buying a home is one of the largest financial decisions of our life. Here are a number of helpful buying guides: The Real Estate Council of British Columbia (RECBC)...

June 8, 2013
Close Look at Kelowna Real Estate - Kelowna home sales in May were up 31% compared to the same month a year ago and up 9% from April 2013.  But don't let these improved monthly home sales to date fool...

June 10, 2013
A Look at West Kelowna Real Estate - Not unlike Kelowna, West Kelowna home sales were up 30% in May compared to the same month a year ago and up 37% from April 2013. In addition, though West Kelowna's...



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 Kelowna Realtor - June Conway

Recently Featured Blog Posts:
June 10, 2013
A Look at West Kelowna Real Estate - Not unlike Kelowna, West Kelowna home sales were up 30% in May compared to the same month a year ago and...

June 8, 2013
Close Look at Kelowna Real Estate - Kelowna home sales in May were up 31% compared to the same month a year ago and up 9% from April 2013....

June 4, 2013
Helpful Buyer Guides - For most of us, buying a home is one of the largest financial decisions of our life. Here are a number of helpful buying...

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RE/MAX Kelowna BC

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JUNE CONWAY personal real estate corporation
100-1553 Harvey Ave, Kelowna, BC V1Y 6G1
Office: 250.717.5000 Fax: 250.861.8462
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