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 […]
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 […]
