GST and Vacation Properties
GST and the Purchase, Use and Sale of Vacation Properties by IndividualsRead Full Article
B.C. housing market bouncing back as buyers return
BC housing market bouncing back as buyers return CBC News 25 Nov 2019 B.C.'s housing market is on the way back up, according to a report from economists at an agency that supports credit unions across Canada. Central 1's B.C. Resale Market Housing Outlook 2019-2021 says cheaper mortgages, population growth and price declines are bringing buyers back [...]
Kelowna stands tall as the best real estate investment destination in Western Canada
Kelowna is the best real estate investment destination in Western Canada MortgageBrokerNews.ca 19 Nov 2019 Ephraim Vecina Kelowna Over the next 12 month, Kelowna will stand tall as the best real estate investment destination in Western Canada, with a highly active airport deemed as the 10th busiest nationwide. At present, 12 new multi-family towers [...]
Where do Buyers come from in the Central Okanagan?
I'm often asked where the Buyers come from and our Real Estate Board does an excellent job of collecting and providing this information to us every quarter. If you're interested, click through the couple of info-graphics and you'll see that about 88% of our buyers come from B.C. & 9% from Alberta.
Here’s a quick 2 minute update on where the BC real estate market is at.
Watch BCREA Chief Economist Brendon Ogmundson discuss the October 2019 statistics.
Congratulations to my Clients on selling their home!
One of the best parts of my day! Best wishes to my fantastic Sellers, I wish you great happiness on your new adventure!
BCREA 2019 Fourth Quarter Housing Forecast
BCREA 2019 Fourth Quarter Housing Forecast: BC Homes Sales Carry Momentum into 2020 Vancouver, BC - November 6, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 Fourth Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 1.8 per cent to about 77,100 units this year, after [...]
Central Okanagan Real Estate Stats October 2019
Click through to view the October Central Okanagan real estate charts. The market seems to be on-par with last year... sales price is slightly higher while listings are slightly less. We are moving into the quietest time of the real estate cycle so it may be a great time to list your home - [...]