Home Prices Up, Sales Slowed – October 2018
Posts tagged with: home sales
Home Prices Up, Sales Slowed – October 2018
Home Prices Up, Sales Slowed – October 2018 Home prices have continued to rise month over month in the North Okanagan and Shuswap. There was a slight rise in September and another 3% rise again for single family homes again in October. However sales were down again month over month and new listings continued to [&hellip
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Sales Slowed In September But Vacation and Lakeshore Picking Up
Sales Slowed In September But Lakeshore Up By Michael Kinghorn Home prices have continued to rise in the North Okanagan and Shuswap despite a decline in actual sales of residential property. This ‘re-balancing’ of the market has seen it move from a more of a sellers’ market to one that is more even between home [&hellip
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August Sales Held But Vacation And Lakeshore Improved
August Sales Held But Vacation And Lakeshore Improved By Michael Kinghorn August sales were slower for homes in the North Okanagan, showing a slight decline over last month, but despite the slower than anticipated market, there was still movement in our higher end listings. This, despite all of the roadblocks put in place by the [&hellip
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July Sales Improved – Strong August Next?
July Sales Improved – Strong August Next? By Michael Kinghorn July sales improved for Priscilla and Company, bucking the trend we are seeing in the North Okanagan. We were a part of one sale over $2MM and two more over $1MM, while also getting two more sales over $900K. That is in contrast to the [&hellip
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Is This The Time To Sell?
North Okanagan Real Estate – Is This The Right Time To Sell? By Michael Kinghorn All the talk recently has been about how the Real Estate market has taken a down turn. While that may be the case in larger urban centres such as Toronto and Vancouver, we don’t think that is the case in [&hellip
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BC Speculation Tax – North Okanagan Update
BC Speculation Tax – North Okanagan Update April 4, 2018 The BC Government announced their proposed speculation tax just over a month ago in the now tabled BC Budget, and while there have been plenty of questions, there have been very few answers. This has caused a lot of unnecessary anxiety in the market and caused [&hellip
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BC Budget Impact To Real Estate In The North Okanagan
Big changes to the real estate market in 2018 BC Budget The recently announced budget from the BC NDP government will have a dramatic impact on real estate, even in the North Okanagan, for both home owners and those wanting to purchase a home. Buyers and sellers in the North Okanagan did get some good [&hellip
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Okanagan/Shuswap Real Estate Market Statistics – November 2017
Just a few more weeks until Christmas and we are excited!! We wish you and your family the very best of the holiday season! In 2017 the world witnessed almost every natural disaster Mother Nature could dream up. Despite all this, BC is heading towards 2018 with a strengthening economy, lower unemployment and near record [&hellip
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Okanagan/Shuswap Real Estate Stats – October 2017
Here 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
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