Okanagan/Shuswap Housing Market – August/September 2016
Posts tagged with: MLS
Okanagan/Shuswap Housing Market – August/September 2016
It’s been a typical late summer and early fall. Everyone was enjoying the last days of summer and vacation and now it’s back to work and school. August 2016 real estate sales were fewer across the Okanagan/Shuswap region compared to July. Overall, sales dropped about 2% last month – but don’t let that fool you, [&hellip
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Okanagan/Shuswap Housing Market – July/August 2016
The Okanagan/Shuswap real estate market moderated slightly in July compared to June. Fewer units sold and prices remained comparable as did days to sell but the market is still favoring the seller. The number of buyers coming to the region is higher than the number of new and active listings. Until we see some new [&hellip
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Okanagan/Shuswap Housing Market – May/June 2016
Breaking real estate records in the Okanagan-Shuswap! From Peachland to Revelstoke, we’re seeing rising prices and short turn-around times between listing and selling. Hard to believe a year ago the North Okanagan-Shuswap real estate market was slow. Nothing has been straight forward this past month. Multiple offer scenarios, complex negotiations, and tight timelines have become [&hellip
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What Sold, Who Bought & Who Didn’t in 2015? What’s Ahead for 2016?
The North Okanagan real estate market ended 2015 on a low note. Here’s an overview of what sold, who bought and who didn’t buy in 2015 – and what’s ahead for 2016. North Okanagan Real Estate Sales and Listing Statistics Multiple Listing Service (MLS) sales in our zone were 4.7% lower in 2015 compared to 2014 [&hellip
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Okanagan Real Estate Market – November 2015
Wildly diverse Okanagan and Shuswap real estate markets Oil prices received a beating this year, but BC is experiencing a strong economy and housing demand in most (not all) BC communities has been strong. Rock bottom mortgage interest rates and vigorous population growth are providing a strong foundation and boosting confidence. Year-to-date, Okanagan Mainline Real [&hellip
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Winter 2015/2016 at Silver Star Mountain Resort
New for Winter 2015/2016 at Silver Star Mountain Resort! Did you hear about the new and exciting changes at Silver Star Mountain Resort? Here’s a summary. Check out the full details at www.skisilverstar.com 130+ acres of new terrain on the mountain including 90+ acres of new intermediate level terrain and 20+ acres of expert-level tree skiing. A [&hellip
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What Canadians Sacrifice To Afford Recreational Property
Canadians prefer vacation cottages to destination holidays Here’s some news, reports are showing renewed interest in recreational property by Canadians! Not only is the low Canadian dollar attractive to foreign buyers, but Canadians of all ages and from all regions are enthusiastic about spending time at the cottage, cabin or ski chalet. In the Recreational Property [&hellip
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Okanagan Real Estate Market – October 2015
Fall 2015 – A Disappointing Real Estate Market We are well into the fall market. Kelowna is having a record year. While we are still busy to the north in Vernon, the actual sales activity in the Okanagan-Shuswap is best described as ‘disappointing’. You might not know it from the news reports, but the North [&hellip
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Okanagan Housing Market – Summer 2015, Hot & Cold
It was a hot and busy summer! Nationally, Canadian real estate sales volume edged up 0.3% between July and August. Across the Okanagan and Shuswap we saw vastly more variation. After a vigorous run-up in sales volume (not price) during 2014 our North Okanagan market cooled this year, and then declined in August. Want more stats? The [&hellip
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