Home Sales by Region
Quite the dramatic chart both in the downward crash and the amazing, unexpected soaring sales!
46 Story Tower Proposed in Kelowna
Wow! This would change the downtown landscape.... It's to be a mix of rentals, owned condo's, shared accommodation and commercial/retail. Article
Mobile homes use the most electricity of all home types
BC Hydro has a new report out... The average mobile home uses 50% more electricity per square foot than an average single-family house. Article
Buying a Rental Property with Tenants
There are so many aspects to consider... Do you want to keep the tenants, move in yourself or move a family member in? Article
Building Pandemic-Proof homes
Covid-19 is inspiring innovation in home building. Touchless entries, bringing back built-in computer desks and exterior elevators... all changes designed to decrease congestion and germ transmission. ArticleWhere do the Buyers come from?
OMREB Q3 2020 Summary: As usual, the majority of buyers come from within our own real estate board area, followed by the lower mainland and BC in general. I kind of thought more Albertans had moved here but only 8% of our sales are to Albertans.
OMREB October 2020 Summary
OMREB October 2020 Summary: Who would have know that Sales, Price & Benchmark Price's would be up so dramatically with dramatically lower inventory levels? It's been a whacky year that's kept us on our toes! Condo's are bucking the trend with higher inventory levels, increased sales and prices.
RE/MAX says the market will remain HOT this winter.
RE/MAX says the Canadian real estate market is "ripe with a wide range of opportunities for both new homebuyers and homeowners looking to upgrade." Greater Toronto Area: $890,400 (+11.1%) Greater Vancouver Area: $1,038,700 (+5.3%) Ottawa: $517,800 (+19.9%) Greater Montreal Area: $408,200 (+16.4%) Halifax: $372,982 (+18.1%) Article