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 […]
July 24, 2024 Good news from the Bank of Canada today as it delivered a widely expected interest rate cut today, marking the second consecutive time it has lowered its policy rate this year. The quarter-percentage-point cut brings its policy rate down to 4.5%. What does this mean for you? This will bring some continued […]
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 […]
