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The Den. Inside Kelowna Real Estate 

Kelowna Real Estate Stats, Tips & Info to Help You Make Your Move. The team at Nyrose & Associates are Your Kelowna Real Estate Pros.

We have the pulse on the Kelowna Market and are here to help you with all your real estate needs. If you're looking for resources, information or tips we invite you to browse through our blog. We provide regular updates on things YOU Need to Know.

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February 1, 2023
Kelowna Real Estate Stats - Market Update - Here's What Happened in Jan 2023

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. […]

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January 13, 2023
2022 Interest Rates

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). In efforts to tame inflation, the Central Bank raised its key interest rates seven consecutive times since March 2022, bringing it from 0.25% to 4.25%. This is the highest its been […]

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January 1, 2023
Kelowna Real Estate Stats - Market Update - Here's What Happened in Dec 2022

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 […]

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December 31, 2022
Foreign Buyer Restrictions

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 […]

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December 31, 2022
Cooling Off Period - BC Real Estate News

The government has introduced a cooling off period for buyers, in response to the 2021-early-2022 hot real estate market that saw many buyers putting in unconditional offers on their home purchases. Beginning January 1, 2023, home buyers can rescind their purchase contract within 3 days of a seller accepting it, should they change their mind. […]

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December 31, 2022
BC's New Strata Legislation

New Strata Laws - Here's What Happened in Real Estate in 2022 New strata legislation came into effect in November 2022 that deemed almost all rental by-laws no longer enforceable. A couple of bylaws that remain in effect include short-term rental bylaws prohibiting Airbnb type rentals and age restrictions for 55-and-over strata communities/buildings. This was […]

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December 1, 2022
Kelowna Real Estate Stats - Market Update - Here's What Happened in November 2022

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose December 1, 2022 - In this month's Kelowna Market Watch report, REALTOR® Darcy Nyrose provides a synopsis for what's currently happening in the Kelowna real estate market. Sales volume is down across the board in November (vs October 2022 and Nov. […]

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November 1, 2022
Kelowna Real Estate Stats - Market Update - Here's What Happened in October 2022

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose November 1, 2022 - In this month's Kelowna Market Watch report, REALTOR® Darcy Nyrose recaps the Kelowna real estate market activity for October 2022 and zeroes in on a few popular neighbourhoods and their micro-market activity. Because different pockets of Kelowna […]

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October 1, 2022
Kelowna Real Estate Stats - Market Update - Here's What Happened in September 2022

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose October 1, 2022 - In this month's report, Darcy Nyrose recaps the Kelowna real estate market activity for September 2022 and things to watch out for as we head into fall; including, interest rates and elections. Plus, if you think there's […]

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September 1, 2022
Kelowna Real Estate Stats - Market Update - Here's What Happened in August 2022

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose September 1, 2022 - In this month's report, Darcy Nyrose recaps the Kelowna real estate market activity for August 2022 and what we can expect to see as we head into fall. And, for those who have been hearing the rumours […]

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August 1, 2022
Kelowna Real Estate Stats - Market Update - Here's What Happened in July 2022

Kelowna Real Estate Stats & Trends - Your Market Report With Kelowna Realtor Darcy Nyrose In this month's report, Darcy Nyrose recaps the Kelowna real estate market activity for July 2022, looks at the trends and what we can expect to see as we head into the final days of summer. Watch as Darcy Nyrose […]

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July 1, 2022
Kelowna Real Estate Stats - Market Update - Here's What Happened in June 2022

Kelowna Real Estate Stats & Trends - Your Market Report With Kelowna Realtor Darcy Nyrose In this month's report, Darcy Nyrose recaps the Kelowna real estate market activity for June 2022, looks at the trends and what we can expect to see as we head into summer, and discusses why we're starting to see more […]

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June 1, 2022
Kelowna Real Estate Stats - Market Update - Here's What Happened in May 2022

Kelowna Real Estate Stats & Trends - Your Market Report With Kelowna Realtor Darcy Nyrose In this month's report, Darcy Nyrose recaps market activity and explains how a sellers, balanced, and buyers market is determined. For the past 2-years and counting, the Kelowna real estate market has firmly been considered a "Seller's Market".  Which property […]

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May 1, 2022
Kelowna Real Estate Stats - Market Report May 2022

Kelowna Real Estate Stats & Trends - Your Market Report With Kelowna Realtor Darcy Nyrose We're starting to see an increase in real estate inventory which is a good thing. After all, a more balanced market benefits everyone. We've also noticed that buyers are beginning to take their time, and be more strategic with their […]

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April 1, 2022
Kelowna Real Estate Stats - Market Update April 2022

Kelowna Real Estate Stats & Trends - Your Market Report With Kelowna Realtor Darcy Nyrose There's a lot at play, locally and globally, that could have an affect on the local real estate market including potential for rising interest rates, gas prices, real estate policies such as the cooling off period that is coming into […]

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March 1, 2022
Kelowna Real Estate Stats - Market Update March 2022

Kelowna Real Estate Market Stats & Trends With Kelowna Realtor Darcy Nyrose Two months into 2022 and, although February's market activity picked up over January's numbers, we're still seeing a huge lack of inventory (even for this time of year) which means sales are unseasonably low and pricing continues to be pushed. For the market […]

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February 1, 2022
Kelowna Real Estate Stats - Market Update Feb 2022

Kelowna Real Estate Market Stats & Trends With Kelowna Realtor Darcy Nyrose 2022 is the year of the Tiger which symbolizes courage. strength and bravery; it's said to be a good year for taking risks, seeking adventure and finding enthusiasm. In the world of Kelowna real estate, 2022 might very well be 'the year of […]

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December 31, 2021
Kelowna Real Estate Stats - Market Update Jan 2022

Kelowna Real Estate Market Stats & Trends With Kelowna Realtor Darcy Nyrose One of the best ways to prepare and anticipate for what's ahead is to take a look at where we've been - and that's what Kelowna Realtor Darcy Nyrose does in his monthly market stats recap this month. Watch as Darcy uncovers not […]

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December 21, 2021
Kelowna is A Unique Real Estate Market

Spring is consistently a busy time in the real estate market. As we head into summer, you might hear or read a lot in the news about real estate in general. In BC, much of this conversation will centre around the BC Government’s proposed new Speculation Tax. Across Canada, the new mortgage stress test will also be a topic of conversation.

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December 1, 2021
Kelowna Real Estate Stats - Market Update Dec 2021

Kelowna Market Stats With Kelowna Realtor Darcy Nyrose If you are looking to buy or sell (or sell and buy) in Kelowna's real estate market, have a watch as Darcy Nyrose provides a market recap  and insight into what happened in November, and how that compares to the last five years. Then, watch and see […]

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November 1, 2021
Kelowna Real Estate Stats - Market Update Nov 2021

Kelowna Market Trends With Kelowna Realtor Darcy Nyrose Welcome to sweater weather. That time of year in Kelowna where fall temperatures take hold and residents switch to sweaters and coats to stay warm. Generally, the real estate market follows suit with the temperatures. It cools off a bit in the fall, more in the winter […]

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October 1, 2021
Kelowna Real Estate Stats - Market Update For October 2021

Kelowna Market Trends With Kelowna Realtor Darcy Nyrose We've been telling the same story for months. Active listings are low across the board which means less choice and more competition for buyers. September brought the lowest level of inventory we've seen in the Central Okanagan in the past 10 years with 1361 total active listings. […]

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September 1, 2021
Kelowna Real Estate Stats - Market Update For August 2021

Kelowna Market Trends With Kelowna Realtor Darcy Nyrose We've been seeing a lot of out-of-town buyers in the area over the 12-18 months. So, when the Central Okanagan had Covid-19 restrictions put back, fires (and with the fires, a lot of smoke), and a provincial advisory to avoid travel to the area, we anticipated a […]

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August 1, 2021
Kelowna Real Estate Stats - Market Update For July 2021

Kelowna Market Trends With Kelowna Realtor Darcy Nyrose Watch as Darcy Nyrose discusses current Kelowna real estate market activity from July 2021, compares it to June 2021 and July 2020 as well as takes a look at what's to come in the coming months and years. What affect will the incoming development boom have on […]

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