Rom’s July 2022 Real Estate Opinion

Rom’s July 2022 Real Estate Opinion

Okanagan Market Prediction The Real Estate market in the Okanagan is going through the predicted correction of the last couple of months. The big story this month is the market changes in the Kelowna area. Absorption has dropped to 11%. In general, a...
Rom’s June 2022 Real Estate Opinion

Rom’s June 2022 Real Estate Opinion

What is happening to our house prices? In the Central Okanagan stats show that the average price has dropped slightly in May 2022 compared to April 2022. BUT! A month does not make a market. What it does mean is that the crazy frenzy of multiple offers (all over list...
Rom’s April 2022 Real Estate Opinion

Rom’s April 2022 Real Estate Opinion

What’s happening in the Okanagan Real Estate Market? The Federal Government has announced 2 ways they are considering to slow down the upward pressure on house prices. Firstly, a proposed ban on foreign buyers purchasing houses across Canada for the next 2...
Rom’s November Real Estate Stats & Opinion

Rom’s November Real Estate Stats & Opinion

Okanagan Real Estate Report November 2021 *click images to enlarge Rom’s Real Estate Opinion The real estate industry is full of surprises; never a dull moment.  That’s why I love this business so much.  Very often people quote “history repeats...