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March Residential Market a Mixed Story

Monday, Apr 09, 2018
KELOWNA, B.C. – April 6, 2018. Residential sales across the region of Revelstoke to Peachland rose to 628 in March, 25% over the previous month, yet down 24% from this time last year, reports the Okanagan Mainline Real Estate Board (OMREB).   “While the market was busier than February, as is the norm this time of year, sales were substantially down from last March. At this po ...
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New Regulatory and Tax Implications Yet to Be Felt in a Seemingly Typical February Residential Market

Wednesday, Mar 07, 2018
KELOWNA, B.C. – March 6, 2018. Across the region of Revelstoke to Peachland, residential sales tallied 503 in February, up 12% over January, yet consistent with this time last year, reports the Okanagan Mainline Real Estate Board (OMREB). “The market typically picks up this time of year and this year is no exception despite recent new federal mortgage tightening rules and an intere ...
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Residential Market Delivers Solid Start for 2018

Monday, Feb 12, 2018
KELOWNA, B.C. – February 5, 2018. Residential sales across the region of Revelstoke to Peachland totaled 449 in January, consistent with sales in December and a 27% increase over this time last year reports the Okanagan Mainline Real Estate Board (OMREB).   “January showed a substantial jump in both sales volume and new listings over this time last year, with increases of 27% ...
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Residential Sales Volume On-Trend for Time of Year

Monday, Jan 15, 2018
KELOWNA, B.C. – January 8th, 2017. Typical for December, volumes in residential sales declined this past month, with 459 sales posted to the MLS®, a 24% decrease from November, but comparable to last year’s sales of 453 units reports the Okanagan Mainline Real Estate Board (OMREB).   “Outside of a couple of variances, the market is doing what it generally does this t ...
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Cooling Sales, Tight Supply Temper Okanagan Residential Sales Price

Friday, Dec 08, 2017
KELOWNA, B.C. – December 8, 2017. Residential sales posted to the Multiple Listing Service (MLS®) for the Okanagan region of Peachland to Revelstoke totaled 605 in November, falling 18% from last month’s 736 and up 6% from this time last year reports the Okanagan Mainline Real Estate Board (OMREB). “Despite a strengthening economy, lower unemployment and near record immigr ...
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Okanagan Residential Sales Typical for Fall Time

Tuesday, Nov 07, 2017
KELOWNA, B.C. – November 3, 2017. Residential sales posted to the Multiple Listing Service (MLS®) for the Okanagan region of Peachland to Revelstoke totaled 736 in October, comparable to last month’s 740 and just 6% lower than this time last year reports the Okanagan Mainline Real Estate Board (OMREB). “Not unusual for this time of year, October sales and new listing volum ...
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Cooling Trend Continues

Thursday, Oct 12, 2017
KELOWNA, B.C. – October 4, 2017. Residential sales in the Okanagan region of Peachland to Revelstoke continued a gradual cooling trend that started in June, with 740 sales posted to the Multiple Listing Service (MLS®) in September, a 16% drop from August sales of 882 and 16% fewer than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).   “While t ...
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Fall To-do's around the House

Sunday, Oct 01, 2017
"Fall is in the air and with the cooler temperatures heading our way, here are a few "to-dos" to keep you and your family, healthy, safe and warm! 1. Vacuum out your dryer vent and make sure the flaps can close fully on the exterior. You'll save your home from potential fire risk and cold air ingress. 2. Check your furnace (or have a company come by for a fall service). Make sure it turns on pro ...
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Housing Demand Continues to Outpace Supply

Wednesday, Sep 06, 2017
KELOWNA, B.C. – September 5, 2017. Residential sales in the Okanagan region of Peachland to Revelstoke cooled slightly in August to 882, an 8% drop from July sales of 961 posted to the Multiple Listing Service (MLS®) and 14% fewer sales than August of last year reports the Okanagan Mainline Real Estate Board (OMREB).   “Conditions still favour the seller, and will likely ...
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Strong Residential Sales Despite Summer Slowdown

Monday, Aug 07, 2017
KELOWNA, B.C. – Aug 4th, 2017. Residential sales in the Okanagan region of Revelstoke to Peachland moderated slightly in July, with 961 sales posted to the Multiple Listing Service (MLS®), down 6% from June, and just 2% fewer than July last year reports the Okanagan Mainline Real Estate Board (OMREB). “While sales activity typically slows over the summer months, with this July n ...
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