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Local Residential Real Estate Market Seeing High Demand Heading Into FallOct 5, 2020
from OMREB KELOWNA, B.C. – October 2nd, 2020. Residential sales for September saw a 12% uptick to 1,159 compared to August’s 1,034 total units sold across t
Kelowna Housing Market Outlook (Fall 2020)Oct 2, 2020
from RE/MAX The Kelowna housing market saw a substantial loss in sales activity during the peak of COVID-19. As economies gradually begin to reopen, the market has seen an equa
Why housing is still the best investment for most CanadiansSep 28, 2020
By Dale Jackson | from Bloomberg News Owning a home remains the largest single investment for most Canadians. So it’s not surprising that fear over an economy turn
Bank Of Canada Could Keep Interest Rates Low Until 2023, Experts SaySep 21, 2020
by Jordan Press, The Canadian Press | from HuffingtonPost.ca Inflation is holding steady thanks to cheaper prices at the gas pumps. OTTAWA — The a
BUYERS IN KELOWNA WANT BIGGER SPACESSep 14, 2020
from AM1150 News Temperatures at night are definitely getting cooler, but the Okanagan housing market remains hot. While the BC economy ha
Pent-up Demand Continues to Drive Local Residential Real Estate MarketSep 10, 2020
from omreb.com KELOWNA, B.C. – September 2nd, 2020. Residential sales for August decreased slightly to 1,034 compared to July’s 1,094 total units sold across the r
Bank of Canada Interest Rate Announcement - September 9, 2020Sep 9, 2020
from BCREA The Bank of Canada held its overnight rate at 0.25 per cent this morning, a level it considers its effective lower bound. The Bank is also continuing its quantita
A Record-Breaking Month for Canadian Housing MarketsSep 8, 2020
from Realtor.ca With COVID-19 restrictions being lifted across Canada, home buyers and sellers have been busy! National home sales and new listings have continued to increase
Local Residential Real Estate Market Continues to Rebound in the Midst of PandemicAug 13, 2020
From OMREB