Filling Gaps Fast: Infill Solves B.C.’S Housing Crunch
Slide 1 BC renters face soaring costs, limited supply, aging buildings, and stubborn inflation pressures provincewide. Slide 2 Decades of underbuilding left BC relying on rental stock from the 1950s and 1960s. Slide 3 Canada must double housing construction to over...
Short-Term Rentals Could Boom in Kelowna 2026
City seeks to opt out of provincial short-term rental rules before 2026 summer season. Vacancy rate expected > **3%** for second year, qualifying Kelowna to opt out. Current law delays local solutions, forcing tourism businesses to endure another season. Bill...
West Kelowna to Allow Highrises up to 19 Storeys
Slide 1: West Kelowna allows highrises up to 19 storeys, but don’t expect them soon. Slide 2: Official Community Plan enables 12–19 storeys in Westbank and up to 12 in Boucherie. Slide 3: Construction slowdown, labour costs, and economic uncertainty limit developers...
Check out this new 3 beds-2 baths listing at 20 05 Boucherie Unit 95, West Kelowna
Meticulously maintained home in sought-after Jubilee Park, just a short stroll to the lake and private beach. This bright and inviting residence features 3 bedrooms plus a versatile den—perfect for a home office or flex space. Recent updates include a 4-year-old AC...
JUST SOLD! Contact me if you would like YOUR business sold!
Well-established bakery with a strong reputation and loyal customer following. Known for its beautifully crafted custom cakes, cupcakes, and macarons, the business caters to weddings, birthdays, anniversaries, and other special occasions. With consistent demand for...
Kelowna Property Values Jump Amid 2025 Recovery
Slide 1: 🏡 Kelowna returns to positive price growth after months of stagnation. Slide 2: 📊 Fall 2025 benchmark: single-family ↑ yearly to ~$1M. Slide 3: 🔑 Lifestyle appeal and interprovincial migration support demand. Slide 4: 💼 Mid-to-high-end housing drives sales...
Rom’s Real Estate Market Opinion – July 2024
Okanagan Real Estate Review Welcome to the Real Estate Review for the interior of British Columbia for July of 2024. The market in the interior of British Columbia is maintaining a healthy balanced trajectory. The absorption is well within that 12 to 20% range,...
Rom’s Real Estate Market Opinion – Feb 2024
The Real estate market in January of 2024 is sending us mixed messages. The stats for January indicate that the market is actually down in the Central Okanagan. The absorption in the Central Okanagan is below 10% for the second month in a row. If you look at these...
Rom’s Real Estate Market Opinion – Jan 2024
Rom's Real Estate Market Opinion January 2024 As far as market corrections go, 2023 was not a bad year. It was the most minor correction I have ever seen. In general, the market right across Canada stepped in and stayed into balanced territory by the 4th quarter of...
Rom’s Real Estate Market Opinion – Dec 2023
SEASONS GREETINGS! It is a wonderful time to reflect on this year and I am feeling grateful and blessed for the support I receive from you, my clients and friends. I hope to continue being able to support you with all of your real estate needs. In October I mentioned...
The Real Estate Market According to Rom – November
The real estate market in the interior of British Columbia is starting to show signs that things may be leveling off some. Below is a graph of the Bank of Canada overnight lending interest rate announcements since it was .25% in April of 2022. The last two interest...
Rom’s September 2023 Market Review for the interior of BC
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 we've gone from a recovering real estate...