What Sold, Who Bought & Who Didn’t in 2015? What’s Ahead for 2016?
Posts tagged with: top vernon real estate agent
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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New Minimum Down Payment Rules
Down payment requirements are changing in Canada The housing market is booming in areas like Vancouver and Toronto. Rumors have been circulating for a few weeks but today Finance Minister Bill Morneau made his official announcement. In an effort to maintain a healthy and stable housing market there will be an increase to down payment [&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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