
Here is a seven day picture of the Kelowna and West Kelowna residential real estate market:
| KELOWNA | Feb 18-24 | |
| NEW LISTINGS | 112 | |
| # SALES | 40 | |
| RATIO | 36% | |
| # PRICE CHANGES | 54 | |
| # EXPIRED | 7 | |
| NET LOSS / GAIN IN LISTINGS THIS WEEK | 65 | |
| ACTIVE Lots & Acreages | 356 | |
| ACTIVE Manufactured Homes | 38 | |
| ACTIVE Recreation | 6 | |
| ACTIVE Single Family Residential -houses | 967 | |
| ACTIVE Strata -apartments & townhomes |
879 |
| WEST KELOWNA | Feb 18-24 |
| NEW LISTINGS | 45 |
| # SALES | 8 |
| RATIO | 18% |
| # PRICE CHANGES | 18 |
| # EXPIRED | 9 |
| NET LOSS / GAIN IN LISTINGS THIS WEEK | 28 |
| ACTIVE Lots & Acreages | 158 |
| ACTIVE Manufactured Homes | 116 |
| ACTIVE Recreation | 4 |
| ACTIVE Single Family Residential -houses | 464 |
| ACTIVE Strata -apartments & townhomes | 220 |
And a potpourri of Canadian real estate news chatter that caught my 'eye' over the past week:
BC tax moves cut cost of new-built homes - Globe and Mail
Housing bubble or prudent investment? - Ottawa Citizen
IF housing tanks - National Post
What first-time new-home buyers bonus means to you - Vancouver Sun
Top 25 grants and rebates for property buyers and owners - Vancouver Sun
Central bank tagets home-equity credit lines - Globe and Mail
First-time buyer bonus will make 'bigger difference' in BC suburbs - Vancouver Sun
Bank of Canada Says Home-Price Drop May Cause Spending Shock - Bloomberg
Toronto home buyers may be baffled, but builders are bullish - Globe and Mail
Research and risk are key to buy a foreclosed home - Vancouver Sun
Canada may cool housing market; prices won't crash - Reuters
Canada housing prices won't crash: poll - Financial Post
Transitional tax provisions a better deal for home builders and buyers - Vancouver Sun
'Tougher' for homebuyers - The Province
Tax breaks for new homebuyers, HST rebate may rekindle industry, insider says - The Province
Can feng shui and trees cut down your property tax bill? - Richmond Review
Housing tax credits aid first-time buyers and seniors - Globe and Mail
Canadian mortgage fraud rising - Times Colonist
HAPPY READING AND HAVE A SAFE AND AWESOME WEEKEND!
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