There are three terminologies that I personally use to describe what is going on in the real estate market in the Interior of British Columbia. They are: “a leveling off”, “a recovery”, and “a correction”. In the last two years...
Custom built, Tudor Style character home and guest house on a private, peaceful and quiet 3.46 acres, located next to award winning Ancient Hill Winery and close to UBCO. This home features vaulted ceilings, beautiful hickory hardwood flooring, low E and low E3,...
Okanagan Market Prediction Okanagan Real Estate Market I hope you are having a fantastic summer and staying cool in this heat! The real estate market in the Kelowna area is remaining strong and steady. Average absorption is rising and in some areas of the Okanagan,...
Okanagan Market Prediction Market on the Rise When interest rates stopped rising and leveled-off, we changed our predictions to a slow gradual increase over the balance of this year. That was contradictory to a lot of opinions that were more negative. It appears we...
Okanagan Market Prediction Cruising along The market is cruising along as we expected it would once the interest rates levelled off. Absorption is rising and is now above 20%. Prices are starting to inch up as well. Sales activity is still lower than normal when you...
