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kelowna home BUYERS’ RESOURCES

Keeping today's home buyers informed on real estate in Kelowna. 

If you’re in the market to buy a home in Kelowna, the team at Nyrose & Associates is here to help. Below you will find regular tips and resources to help answer any questions you may have. Buying a home is less-stressful when you are armed with resources & knowledge.

June 5, 2024
Canada Interest Rates Lowered

June 5, 2024 Bank of Canada reduces interest rate to 4.75%. The interest rate has held steady at 5% since July 2023. This is the first time the Bank of Canada has lowered rates since they began raising them in 2022. This decision comes after inflation slowed to 2.7% in April, it's lowest in three […]

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May 2, 2024
Tallus Ridge Parade of New Homes

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 […]

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April 10, 2024
Interest Rates Hold

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 […]

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April 1, 2024
Kelowna Real Estate Stats - Market Update - Here's What Happened in March 2024

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 […]

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March 5, 2024
BC Home Flipping Tax

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 […]

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March 1, 2024
Kelowna Real Estate Stats - Market Update - Here's What Happened in February 2024

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 […]

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March 1, 2024
Expanded Property Transfer Tax Exemptions - BC

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, […]

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February 1, 2024
Kelowna Real Estate Stats - Market Update - Here's What Happened in January 2024

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 […]

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January 24, 2024
Green is the New Black

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.

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