As we approach the end of 2023, the real estate market in Kelowna is witnessing a cooling trend, absorbing both seasonal fluctuations and the impact of interest rate hikes set in June and July. This shift is expected to persist through winter before rebounding in spring. Despite this, the market

“Following typically seasonal patterns, new launch activity was muted in November as actively selling projects hustled to absorb units prior to the holiday season. During the month, we witnessed an emphasis on creative marketing messaging coupled with larger purchase incentives targeted both at

In a move that aligns with market expectations, the Bank of Canada has maintained its overnight rate target at 5.00% in its final announcement of 2023. This decision reflects the Bank’s ongoing strategy to balance inflation risks with economic stability, a stance that holds significant implications

If you’re watching Metro Vancouver’s real estate market right now, you’re probably looking at West Coquitlam. Following in the footsteps of Burnaby's recent surge, West Coquitlam is experiencing an unprecedented uptick in its market. This area is bustling with development activity, setting the path

It’s been a busy month for government policymakers. As the conversation around housing affordability continues to evolve, several new and key policy changes have recently been announced that could significantly influence Vancouver's housing market. “The flurry of recent federal and provincial policy

The Kelowna Real Estate Podcast recently featured Taylor Musseau, a prominent figure in the Okanagan's real estate scene. As EVP Sales and Marketing, Partner, of MLA Okanagan, Taylor brings 15 years of industry experience. In this insightful interview, Taylor delves into various aspects of real

Today's real estate market is characterized by one undeniable truth—it's unpredictable. Naturally, this gives potential buyers pause before understanding all the potential risks and challenges they may face while navigating the complexity of the real estate market. Amidst the curveballs that this

In the Fraser Valley, Surrey emerges as an area of potential growth despite facing the headwinds of rising interest rates and changing market dynamics. The city has moved through price appreciations and market corrections to head into the last month of the year with tentative hope for the year to