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Housing numbers surge

Nov 6, 2014 / 2:03 pm

The numbers continue to be hot in the Kelowna housing market, with sales activity up 15 per cent in October compared to 2013. Overall property sales in the Okanagan-Thompson area (stretching from Peachland to Revelstoke) saw 706 units change hands last month, with 636 of those being residential...

Property sales highest in 9 yrs.

Oct 6, 2014 / 12:50 pm

September was a record month for real estate sales, they reached their highest point in nine years. According to the Okanagan Mainline Real Estate Board (OMREBA) numbers improved by 32 per cent over the same period last year across the Okanagan. This is especially true in the Central Okanagan,...

A building housing market

Sep 9, 2014 / 4:04 pm

Whether it's the construction of new homes or the selling of homes - the housing market in the Central Okanagan is in good shape right now. Figures released for August show housing starts in the Kelowna Census Metropolitan area (Peachland to Oyama) are similar to those posted in...

Upper Canyon in Wilden

Aug 13, 2014 / 11:21 am

Sales up 30 per cent in July

Aug 8, 2014 / 10:49 am

Real estate sales activity in the Okanagan was up 30 per cent last month, making it the strongest July on record since 1980. Just under 1,000 units of all property types changed hands from Peachland to Revelstoke, compared with 715 units in 2013. “Month-over-month, the Okanagan-Shuswap...

Sun shining on Copper Sky

Jul 29, 2014 / 11:38 am

Things are looking up at the Copper Sky condo development in West Kelowna. They have a brand new pool, deck, and entranceway as part of the rebuilding of amenities following some remediation work that began in 2012. Residents at the time were not happy, saying it did not appear that builders...

Partner buys CENTURY 21

Jul 12, 2014 / 9:47 am

CENTURY 21 Assurance Realty Ltd. is pleased to announce the local managing broker, Myrna Park, has purchased both the business and its location at 251 Harvey Avenue. Myrna began in real estate in 1983 and bought her first Century 21 franchise in Northern Alberta in 1985 and has been involved in...
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Okanagan real estate sees boost

Jul 5, 2014 / 3:10 pm

The Okanagan Mainline Real Estate Board reported June sales activity of all MLS® property types was up 28% compared to the same month in 2013 – posting the strongest unit sales for June since 2007. “After six months of steady growth in sales, the Okanagan-Shuswap housing market...

Vaca homes

Jun 26, 2014 / 7:05 am

Canada’s recreational property market is going strong and the Okanagan is one of the most popular places to buy. If you can afford it. RE/MAX released its annual Recreational Property Report, showing healthy activity across much of the country and forecasting modest increases in sales and...

Developing Lake Country

Jun 21, 2014 / 7:27 am

A massive new development is already underway in Lake Country, and local officials held an official groundbreaking ceremony Friday morning. The Lakestone waterfront community will be located on a 550-acre parcel of land in Okanagan Landing. Once completed, it will include 1,365 homes and also...

Showhome Opening in Wilden is full of surprises

May 8, 2014 / 10:36 am

Wilden is celebrating spring in a big way. The opening of the newest Showhome in Kelowna’s nature-inspired community will be a grand event that includes an art exhibit by graduating UBC students, music by a world-renowned harpist, and a very special gift for all mothers. The Grand Opening...

Slow February for Okanagan real estate

Mar 10, 2014 / 3:23 pm

The Okanagan-Shuswap housing market saw another increase in activity last month over the same time period in 2013, but sales slowed in February compared to January of this year. The Okanagan Mainline Real Estate Board (OMREB) reported February sales activity were up eight per cent (average)...

Wilden: great prospects for 2014

Jan 10, 2014 / 1:45 pm

Blenk Developments had a successful year in 2013. Lot sales in Wilden were up 50% over 2012, and construction starts have been nearing pre-downturn volumes and are likely to continue into 2014. Alberta residents are coming out in record numbers and showing great interest in living in the City...

Housing starts trending higher

Nov 8, 2013 / 2:30 pm

The number of housing starts in Kelowna rose dramatically last month compared to September figures, and shows a solid upward trend over the past four months. A total of 125 homes began construction in October, almost double the 67 units in October 2012, including 55 single detached homes and 70...

No ceiling for housing sales

Oct 31, 2013 / 12:31 pm

You can expect both new home construction and MLS home sales to move higher in 2014. That according to Canada Mortgage and Housing Corporation's 'Fall 2013 Kelowna Housing Market Outlook Report.' "Stronger employment growth coupled with low mortgage interest rates will...

Sold! Real estate numbers move higher

Sep 5, 2013 / 1:39 pm

Numbers from the Okanagan Mainline Real Estate Board show that sales activity for the month of July improved when compared to the same month last year, but that was down slightly from June 2013. “July is typically slower than June, and even more so this year, as some areas have seen...

Lots of Possibilities – Wilden's Lot Finder

Sep 3, 2013 / 1:50 pm

Are you looking for a more efficient way to find the best building lots in town? Are you tired of driving by lot after lot without knowing if it fits your lifestyle and budget? If you are dreaming of a brand new home in one of Kelowna's most desirable neighbourhoods, finding your location has...

US home prices rise 12%

Aug 27, 2013 / 6:29 am

U.S. home prices rose 12.1 per cent in June from a year earlier, nearly matching a seven-year high. But month-over-month price gains slowed in most markets, a sign that higher mortgage rates may weigh on the housing recovery. The Standard &Poor's/Case-Shiller 20-city home price index...

Win a home in free lottery

Jul 26, 2013 / 5:00 am

If you’ve been dreaming about finding that perfect new place to live, Kelowna’s Troika Group has a deal for you! And the best part is, it doesn’t have to cost you a cent! On Saturday, July 27 and Sunday, July 28, anyone who stops by Troika’s newest townhome development,...

Housing starts rebound

Jul 9, 2013 / 1:18 pm

Housing starts in Kelowna have again rebounded slightly from some of the lowest totals seen over the past two years, although the six-month trend tells a different story. There were a total of 66 new homes under construction last month, compared to only 51 during the same period last year. The...
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