News
The Okanagan’s 10 highest valued residential properties according to BC Assessment
In the next few days, homeowners throughout the Okanagan region can expect to receive their 2018 assessment notices which will reflect market value as of July 1, 2017. With the new BC Assessment released, we thought it would be interesting to see what the most expensive homes in Kelowna are! https://www.kelownanow.com/…/The_Okanagan_s_top_5_valued_p…/ The Okanagan’s 10 highest valued residential properties […]
January 8, 2018
News
Is now the time to buy Kelowna real estate?
August Real Estate News August 2016 The Kelowna real estate market (from Peachland to Oyama) continues to be HOTTTT! For four months in a row we saw the average home price reach over $600,000. That means we can assume that this is our new benchmark now, as it is up from $500K last year […]
September 27, 2016
News
Kelowna’s Hot Real Estate Market
Kelowna Real Estate News June 2016 We hinted it already last year and now it’s in full swing! Breaking records after records, and maybe more to come. Everyday we see headlines and we hear predictions like, bubble, soaring, unaffordable, unsustainable, inflated, exorbitant and must cool market. In Toronto, people are begging,dropping off letters, posting online […]
June 17, 2016
News
7 FACTS about Kelowna Real Estate
Real Estate News April 2016 Guess what? We predicted it in our January video that the market is changing, the next boom is coming and now you can read about it in the newspapers, on the internet or see it on TV. The Kelowna market is on fire! There you have it, and now, […]
April 24, 2016
News
The Market is WHAT??
Kelowna Real Estate News March 2016 Already two and a half months into the new year and our market has been very strong, some might even say ON FIRE. Inventory is very low and sales are way up. Once again, we had the best February in 10 years (since 2006) with 24% of the […]
March 24, 2016
News
Boom or Bust for Kelowna in 2016?
2015 Real Estate News 2015 one of the 3 best years for Kelowna In April 2015 our market changed direction and we saw approximately 25% of the inventory selling, which is very good for Kelowna. (See graph below) The amazing new trend we noticed is in the strata units. Apartments and townhomes are now selling […]
January 24, 2016
News
Boom or Bust? 2016 Kelowna Real Estate Forecast
January 15, 2016
News
New Trend Forming in Kelowna
September Real Estate News October 2015 The new strong market activity started in April with about 25% of the inventory selling and stayed up there for every month, but lost this momentum in September. (See graph below) September was still a good month with 19% of the inventory selling, which is above the average […]
October 16, 2015
News
As Hot As They Say It Is? [VIDEO] Kelowna Real Estate
June Real Estate News July 2015 Yes, it is as hot as everyone is saying. Our market gained more momentum. We saw a record June with 313 Single Family Dwellings (SFD) sold, this makes it the second best June in the last 25 years after 2007. Townhomes and apartments also had a record month. […]
July 16, 2015
News
Is Alberta still driving our market? Kelowna Real Estate
Wolf and Colin Krieg discuss what a successful June was for real estate in Kelowna; the best June in 8 years and the second best in Kelowna’s real estate history. Where do the buyers come from? Alberta’s market share shrunk from 25% down to 15%, the majority of the buyers are now local (60%), BC […]
July 16, 2015
News
Why are buyers frustrated right now?
Wolf and Colin Krieg talk about how our market has been heating up and what buyers are finding so frustrating these days. They also compare our ‘hot’ market, to Calgarys ‘slow’ market to see what’s really going on.
May 12, 2015
News
Kelowna’s Average Price $1 Million Dollars?
March Real Estate News April 2015 The first quarter of 2015 has been very strong compared to 2014 with 25% more transactions. We had a slow start, as January had the challenge with the snow but February and March 2015 came in with high sales numbers (See graph below). The inventory is 10% less than last […]
April 9, 2015