Category Archives for Newsletter
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 that the Real Estate market […]
Continue readingThe 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 rate announcements from the Bank of Canada […]
Continue readingKelowna Real Estate Market Stats March 2019
House Prices and Sales Activity in Kelowna in the Rebound We are seeing that sales and house prices have started to rebound. In March, 2019 the median house price was $648,250 up from $619,000 in February, 2019. Sales and absorption for the Central Okanagan have normalized and I suspect this will continue to do so […]
Continue readingMore Millennials From Vancouver Buying Property in Kelowna
If you’ve even remotely followed the real estate trends of BC in the last decade (and we’re betting more than a few of our readers have) you know Vancouver has become completely unaffordable to most young people. The Millennial Generation, which encompasses most younger people between 15 and 35, is finding it hard to purchase […]
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