December was an interesting end to 2017! Despite cold weather, there was some significant activity, especially in higher end properties. It was exciting to see our first sale over $1 million on Silver Star Mountain since 2008! On the other hand, it was a typical holiday month with most Sellers and Buyers just too busy [&hellip
Read MoreHere are the October real estate stats! Hot news from the Okanagan Mainline Real Estate Board (OMREB) North Okanagan Real Estate Statistics (Vernon, Coldstream, Armstrong, Lumby & Enderby) Stats for October 2017 vs October 2016 Overall sales down 7% to 225 units. Single Family home sales down 18% to 106 units from 129. New [&hellip
Read MoreA summer of floods, fires and smoke is suddenly over and the blue skies are back! Autumn brings a quiet calm as everyone falls back into work and school routines and the real estate market also seems to be on a bit of a break! Despite a slower, non-typical September, we continue to see market [&hellip
Read MoreThe heat is on! Summer is in full swing. Real estate sales are brisk and multiple offer scenarios are a common occurrence in some price ranges. A quick market is common this time of year, but the ongoing lack of inventory is adding pressure. Overall housing prices are up about 8%. On the other hand, [&hellip
Read MoreSlow and steady, the North Okanagan and Shuswap real estate market cooled in December and January, returning to more ‘normal’ conditions. Listing activity is still weak and this lack of new inventory is keeping sale prices up. The phones were quiet over the holiday season, but many including our team were fighting that terrible flue [&hellip
Read More2016 is winding down and the experts are starting to forecast what 2017 will look like for B.C.’s real estate market. Over the past month real estate sales slowed. A number of factors suggest we could be heading for a gradual downturn. BCREA suggests less robust economic conditions combined with government policy constraints will slow [&hellip
Read MoreAfter a wild summer the fall real estate market felt almost sluggish in the Okanagan/Shuswap, but compared to October last year sales in the North Okanagan were still higher. Our Shuswap region saw a slight decrease. These past 12 months have been a roller coaster ride with major changes to the Canadian financial and real [&hellip
Read MoreThe spring real estate market has taken off! The phones and email are coming in 24/7. The Listing and Conveyancing departments at RE/MAX Priscilla are working at warp speed to keep-up with paper work, lying awake at night hoping nothing has been missed. It’s a bit frantic, but a welcome and exciting change from 2014 and [&hellip
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