As of August 1, 2024, the Canadian government has introduced a significant change to mortgage rules, allowing 30-year amortizations for first-time homebuyers purchasing newly built homes. Deputy Prime Minister Chrystia Freeland described the changes as an opportunity to “restore generational fairness” for younger people trying to break into the housing market by reducing monthly mortgage payments. This […]
Going green isn’t just a trend; it’s an efficient way to live that helps improve our world. For most, making changes at home is the easiest way to start your own personal green movement.
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 […]
It’s no surprise that 2024 has been a big year for Kelowna - from events and new home developments to the biggest piece of news yet… hitting a population milestone. With all the perks Kelowna has to offer, it’s no wonder the region has become Canada’s fastest-growing urban area. The Okanagan lifestyle is one that […]
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 […]
West Kelowna is expected to welcome approximately 12,000 new residents by 2040, according to the West Kelowna Official Community Plan. Targeted to welcome a portion of this growth is the master-planned community of Tallus Ridge in Shannon Lake, which is being developed at a pace aligned with buyer demand. This weekend is a great opportunity […]
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 […]
Are you on the fence about purchasing a new home because you're waiting for interest rates to drop? Now is the perfect time to buy in the award-winning Quail Landing community. With a newly announced, limited-time promotional interest rate of 3.49% for three years courtesy of a collaboration between the developer and RBC, prospective homeowners […]
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 News - New Home Flipping Tax discourages real estate speculators in an aim to make housing more accessible to families. The provincial government revealed plans for the BC home flipping tax in late February, as part of the Provincial Budget 2024. Implementation Date: Set to take effect on income earned from homes […]
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 News - Relief For Some Home Buyers With BC Government's Expanded PTT Exemptions On February 22, the Provincial Government introduced their 2024 Budget which included several significant updates specifically relating to housing. One of the biggest changes is to the province's Property Transfer Tax. Beginning April 1, 2024, the exemptions will expand, […]
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 […]
Going green isn’t just a trend; it’s an efficient way to live that helps improve our world. For most, making changes at home is the easiest way to start your own personal green movement.
Is choosing a Kelowna new home the right purchase for you? The Kelowna Real Estate Pros at Nyrose & Associates can help...
The Kelowna real estate professionals at Nyrose & Associates will often explore the option of hosting an Open House when you...
Decide on your preferred neighbourhood(s) and view homes in each for good comparison. Having a house features "wish list" keeps...
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 […]
It's beginning to look a lot like Christmas on the streets of Kelowna. Want to drive through Kelowna's neighbourhoods to marvel at the lights? Here are a few places to get you started.
Concerned about selling your home over the holidays because you don’t want to miss out on holiday decorating? You don’t need to wait until after the holidays or take your home off the market to put up the Christmas tree, hang the stockings, or bask in the warmth of Christmas lights. In fact, now is […]
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 […]
