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 […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose July 1, 2023 It's July, the longest day of the year is behind us, and we're halfway to 2024. This allows us to have excellent insight on what's happened in our real estate market so far this year, as well as […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose June 1, 2023 Great news is that this spring we're seeing a more balanced market which is better for everyone. A balanced market is one where there is approximately 4-6 months of inventory and it's great to see all home categories […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose May 1, 2023 Qualified buyers are back! We're seeing buyers who are ready to purchase coming from out-of-town, out-of-province and locally as well. We're also seeing more and more sellers ready to price their homes at current fair market value. This […]
April 12, 2023 - The Bank of Canada announced today that it will continue to hold its key interest rate at 4.5%. 2021 and the early months of 2022 saw low inventory, record-high housing prices and low interest rates. It was a combination that resulted in further reducing inventory and escalating real estate prices. In […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose April 1, 2023 It's The New Normal. In this month's Kelowna real estate market update, Darcy provides excellent insight into the past year. Since April 2022, we've seen a calming of the market. With interest rate hikes and buyer uncertainty, a […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose March 1, 2023 Watch as Darcy Nyrose shares what happened in the Kelowna Real Estate Market in February 2023 and why he's pumped for the rest of 2023. When comparing to last year's numbers, don't worry. February 2022 was crazy. […]
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. […]
