Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose April 1, 2025 Kelowna Real Estate Market Stats - Here's What Happened in March 2025. Today's buyers and sellers have a few outside factors at play. While the downward trend in interest rates is good news for buyers, there […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose March 1, 2025 Kelowna Real Estate Market Stats - Here's What Happened in February 2025. February's market stats tell the story of our winter weather, snow and Trump, especially when compared with how the market came out so strong […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose February 1, 2025 Kelowna Real Estate Market Stats - Here's What Happened in January 2025. There are always outside factors that can affect the real estate market. 2025 brought with it the anti-flipping tax which discourages buying and selling […]
January 29, 2025 Good news from the Bank of Canada again today as it delivered a widely expected sixth consecutive interest rate cut. The .25 basis points cut brings the rate down to 3.00%. This is great news for buyers - we haven't seen rates this low since 2022. What does this mean for you? […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose January 1, 2025 December is a typical seasonal slow-down when it comes to real estate. Many folks who have their homes for sale take a pause so they can enjoy the holidays without worrying about showings. Buyers, unless needing […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose December 1, 2024 The condo market led the way in November with sales volume and average sale price up over both November of 2023 and last month. The townhome and single family home categories were both up in sales […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose November. 1, 2024 People always ask "when will the market hit rock bottom". Well the only real way to know when we're at the bottom of the market is when we come out the other side. But, with proper […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose October. 1, 2024 Buyers, it is still your market! Now is a great time to buy. With a good amount of inventory, a dip in average sale price, and interest rates going down, it's a good time to consider […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose Sept. 1, 2024 Savvy buyers - it's your market. While the numbers of homes for sale in the Central Okanagan had been increasing throughout spring and summer, inventory dipped in August over July. Buyers do still have more choice […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose Aug 1, 2024 Kelowna's 2024 real estate market is influenced by several factors, particularly higher interest rates, which has reduced buyer activity. The ban on short-term rentals has caused some investors and vacation homeowners to sell, while others transition […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose July 1, 2024 Buyers - it's your market. This is the most inventory that's been on the market in the past 10 years (3,424 active listings in all categories in the Central Okanagan) - with last month and Spring/Summer […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose June 1, 2024 The weather dampened the May real estate market a bit, making it more difficult for our out-of-town buyers from the Lower Mainland and Alberta to make the drive over. How is the short-term rental ban and […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose May 1, 2024 In this month's Market Report, experienced Kelowna Real Estate Pro, Darcy Nyrose, takes a look at what happened in the market in April 2024. BC's new legislation surrounding short-term rentals went into effect today, and we've […]
April 10, 2024 As expected, the Bank of Canada held its key interest rates at 5%. The central bank emphasized that while inflation remains elevated, there has been a downward trend in core inflation measures, which exclude volatile sectors such as food and energy, over recent months. Addressing queries during a press briefing subsequent to […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose April 1, 2024 In this month's Market Report, experienced Kelowna Real Estate Pro, Darcy Nyrose, takes a look at what happened in the market in March 2024. The spring market has started a bit early with more homes hitting […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose February 1, 2024 In this month's market report, Darcy talks about how Kelowna's spring market has come early. With the holding of interest rates, Buyers have re-ignited their search and Prospective Home Sellers have gotten their homes listed ahead […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose February 1, 2024 In this month's market report, Darcy takes a look at what happened in January 2024 and what we can expect to see this upcoming spring. Here's an interesting fact that Darcy observed: over 1/3 of the […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose January 1, 2024 What's in store for 2024? In this month's Market Watch, experienced Kelowna Realtor Darcy Nyrose provides insight and predictions into Kelowna's real estate market and what we can expect to see in 2024. From interest rates […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose December 1, 2023 In this month's Kelowna Real Estate Market Report, Kelowna Realtor Darcy Nyrose recaps the current real estate market and what happened in November 2023. With incoming proposed changes to short term rental bylaws and regulations, we're […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose November 1, 2023 In this month's Kelowna Real Estate Market Report, Kelowna Realtor Darcy Nyrose talks about winning at real estate by playing the long game. It's a lot like football. When you strategize with the mindset of patience […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose October 1, 2023 If September's real estate sales seem low, it's not your imagination. This was the least amount of sales in the Central Okanagan for the month of September in at least the past ten years. With only […]
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 […]
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 […]
