West Kelowna New Townhomes Well Under Construction As construction continues to progress, it’s easy to see why Edge View is the perfect place to plant your roots. Construction of homes in Phase 1 is progressing quickly, with move-ins anticipated for this fall and winter. It’s not every day you get to tour a home under […]
Quail Landing's Home #1 is the Dream Home Prize in the Lake Life Lottery, supporting the YMCA of the Southern Interior BC and the KGH Foundation. Every dollar raised from the lottery stays in the Interior BC, to create a healthier future for your family, friends and neighbours. WIN HOME #1 - BUY TICKETS This […]
Sept. 6, 2023 The Bank of Canada holds interest rate steady at 5%. In its announcement today, the Bank of Canada opted to maintain its benchmark interest rate steady at 5%. The move was widely expected, after the recent series of hikes and holds since early 2022. This comes after the Bank of Canada raised […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose September 1, 2023 Often in the Kelowna real estate market, August slows down a little bit. Out-of-town buyers are on their way home (many Alberta school districts start in late-August, as an example), and our local families try and take advantage […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose August 1, 2023 On July 12, 2023, the Bank of Canada announced another interest rate hike, right on the heels of one in June. Leading to this announcement, many were speculating if rates would hold, continue to raise, or even go […]
450 PARC has been unveiled as the preeminent vision of luxury condominium living in Western Canada. Designed, hand-crafted and built by Craig Mohr with Vineyard Developments, he’s pulled from 21 years of luxury custom home building experience. The result is 20 custom, luxury homes within a six-storey boutique building located in the heart of Pandosy […]
July 12, 2023 - The Bank of Canada has raised its interest rate by another 25 points to 5 per cent, right on the heals of June's rate increase. While this wasn't unexpected today, many are wondering how this will affect the real estate market moving forward. New Developments If the Developer has not yet […]
Quail Landing Grand Opening It's time! The Quail Landing Showhome will hold its Grand Opening on July 8 & 9 from 12-4pm at 1979 Country Club Drive. Beautiful homes right on the golf course in one of the most coveted locations in Canada! That sums up Kelowna’s Quail Landing. There are 24 homes in total, some […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose July 1, 2023 It's July, the longest day of the year is behind us, and we're halfway to 2024. This allows us to have excellent insight on what's happened in our real estate market so far this year, as well as […]
Parade of Homes at Vineyard Estates | Saturday June 10 12-4pm 11 Homes on Showcase This is your exciting opportunity to tour 11 luxury homes in Vineyard Estates, one of West Kelowna’s most prestigious neighbourhoods. Discover where lake view living takes center stage as you see inside these exceptional homes! [blog_features]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose June 1, 2023 Great news is that this spring we're seeing a more balanced market which is better for everyone. A balanced market is one where there is approximately 4-6 months of inventory and it's great to see all home categories […]
A Day At The Orchard... 1 Day. 3 Builders. 5 Luxury Homes on Showcase The perfect blend of custom, luxury homes When: Saturday May 27 from 12-4pm Where: The Orchard at the Mission Get ready to taste the good life! Nestled in the heart of Kelowna's Lower Mission, this exclusive event invites you to experience […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose May 1, 2023 Qualified buyers are back! We're seeing buyers who are ready to purchase coming from out-of-town, out-of-province and locally as well. We're also seeing more and more sellers ready to price their homes at current fair market value. This […]
YOUR INSIDE LOOK AT KELOWNA REAL ESTATE DEVELOPMENTS If you're considering buying a new construction home in Kelowna, you might be wondering if 2023 is a good year to take the plunge. While it's impossible to predict the future, there are a few factors to consider that may influence your decision. 5 Things to Consider […]
April 12, 2023 - The Bank of Canada announced today that it will continue to hold its key interest rate at 4.5%. 2021 and the early months of 2022 saw low inventory, record-high housing prices and low interest rates. It was a combination that resulted in further reducing inventory and escalating real estate prices. In […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose April 1, 2023 It's The New Normal. In this month's Kelowna real estate market update, Darcy provides excellent insight into the past year. Since April 2022, we've seen a calming of the market. With interest rate hikes and buyer uncertainty, a […]
Every month, there are thousands of active real estate listings in the Central Okanagan. All of them waving a big sign basically saying "hello, is it me you're looking for?" So, how do you make your search for THE ONE easy? Many REALTORS® will tell you that when you know, you know. But first, you […]
March 27, 2023 - The federal government announced amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act's regulations that came into force Jan 1, 2023. Here's what you need to know: [blog_features] The original law which bans foreign buyers from purchasing residential real estate until 2025, was supposed to ease pressure […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose March 1, 2023 Watch as Darcy Nyrose shares what happened in the Kelowna Real Estate Market in February 2023 and why he's pumped for the rest of 2023. When comparing to last year's numbers, don't worry. February 2022 was crazy. […]
YOUR INSIDE LOOK AT KELOWNA REAL ESTATE DEVELOPMENTS Buying NEW - When Is The Best Time To Buy New Construction? (Part 3 of is Buying New a Good Investment in Kelowna) In part 1 of the series “Is Buying New a Good Investment in Kelowna” we looked at what makes a new build a good […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose February 1, 2023 - Watch as Darcy Nyrose shares what happened in the Kelowna Real Estate Market in January 2023 and why he's excited for the spring market. We've all just experienced the upward tailspin that was 2021/early-2022 Kelowna real estate. […]
Updated - Feb. 2023 - 2021 and the early months of 2022 saw low inventory, record-high housing prices, and low interest rates across Kelowna (and many cities in Canada). Inflation peaked at 8.1% in June and has been declining since. November's inflation rate was 6.8%. February 2023's inflation rate is 5.92%. In efforts to tame […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose January 1, 2023 - You know the saying "in like a lion and out like a lamb"? That is a great way to describe the real estate market in 2022. The market started out HOT, and with far more buyers than […]
Foreign Buyer Ban - 2023 BC Real Estate News Earlier in 2022, the Canadian government announced a two-year restriction on foreign buyers purchasing real estate in Canada. This was in an attempt to curb speculation buying and quickly-increasing home prices across the country. In addition, the restrictions are meant to allow Canadian buyers the opportunity […]
