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April 19, 2022
Housing starts in Canada are down 17% so far this year and B.C. starts are down 34%.The latest data from Canadian Mortgage and Housing Corporation shows Kelowna, the only B.C. Interior city listed, is down even more.In t
April 16, 2022
At the beginning of the year, David Michl was commuting to work each day while his pregnant partner stayed home with their young son.  They were barely sur
April 14, 2022
While the hot housing market in Kelowna garners a lot of headlines, the influx of new home buyers has fueled a growing interest from national corporations.Real Estate Investment Trusts are pools of money used to invest i
April 14, 2022
While 70% of Canada’s largest cities saw rent increases in March, the price of a one-bedroom unit in Kelowna actually fell 5% to $1,710, the largest decline in the country.That drops Kelowna into fourth place in te
April 13, 2022
While there’s continual talk about a red-hot real estate market in the Okanagan and Kamloops, the average housing prices in these regions are significantly lower than in Victoria and the Lower Mainland.The average
April 13, 2022
Real estate giant Re/Max recently published its 2022 Luxury Market Report where it listed the number of homes sold in 17 Canadian cities for more than $1 million last year.But Taylor McFadyen, a Kelowna-based residential
April 12, 2022
It’s one thing to talk about housing prices continually rising in Kelowna as wealthier people buy up scarce real estate offerings.But it has become a very real crisis for many people in the city, including Kelowna
April 7, 2022
It was 12 years ago, in March 2010, that Vancouver hit the $1 million mark for the average single-family home.That followed on the heels of the 2010 Winter Olympics in Vancouver and was just as Canada was emerging from t
April 6, 2022
As with other commodities, the price of new housing in the Okanagan is rising dramatically.But you might be surprised at some of the things driving up those costs.Certainly labour and supply chain issues are big factors
April 5, 2022
For many people buying their first home, getting into the market can be scary as well as expensive these days, especially in Kelowna with its sky high prices.Royal Lepage realtor Benoit Vaudry hopes to take the edge off