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Okanagan Real Estate Statistics - May 2017

June 28th, 2017
Okanagan Real Estate Statistics - May 2017

Property Type:
21.7% by Relocating and moving to similar property type (up from 19.0% in April)
18.2% by First Time Buyers (down from 18.5%)
17.8% by Move-Up Buyers (up from 15.8%)
14.3% by Buyers Downsizing (down from 15.5%)
13.2% buying Revenue/Investment Property (down from 14.3%)
5.9% moving from Single Family Home to Strata Unit (up from 5.7%)
4. ...

Overland Flood Insurance

June 19th, 2017

Rivers, streams, and lakes overflowing, and brigades of volunteers vainly trying to save the homes around them by deploying sandbags and anything else they can find to stop the rising waters. While we've seen these images in the media many times, no one expects a flood to happen in their community – yet it does. And as we've seen lately, as a country, we're failing to protect Canadians from f ...

1 1064 Lawson Avenue, Kelowna, British Columbia

June 16th, 2017

I just finished uploading this Duplex for sale, 1 1064 Lawson Avenue, Kelowna, British Columbia

***Proudly marketed by Tim Stanfield, PREC* of RE/MAX Kelowna. For more information call Tim on 250-808-4846 or email on tim@timstanfield.com or visit www.timstanfield.com . Thank you.*** RARE FIND! Pre-Sale of this brand new Kelowna North 4-Plex Strata Property. Almost 2,000 sq ft of floor space, 4 ...

4 1064 Lawson Avenue, Kelowna, British Columbia

June 16th, 2017

I just finished uploading this Duplex for sale, 4 1064 Lawson Avenue, Kelowna, British Columbia

***Proudly marketed by Tim Stanfield, PREC* of RE/MAX Kelowna. For more information call Tim on 250-808-4846 or email on tim@timstanfield.com or visit www.timstanfield.com . Thank you.*** RARE FIND! Pre-Sale of this brand new Kelowna North 4-Plex Strata Property. Almost 2,000 sq ft of floor space, 4 ...

All Signs Point to Canadian Interest Rating Increasing Within the Next Year

June 15th, 2017

An economic growth spurt is bringing the prospect of higher mortgage rates at a time when many Canadians in the country's largest cities are stretching to afford homes.

Some analysts expect the Bank of Canada will raise the rate it charges financial institutions to borrow money overnight this fall after the central bank's No. 2 executive gave an upbeat assessment of the economy, saying grow ...

Whistler to Issue $1,000-per-day Fines for Airbnb Type Rentals

June 14th, 2017

Whistler to Issue $1,000-per-day Fines for Airbnb Type Rentals

 

As of July 31, 2017 - Whistler property owners will need a $165 license in order to offer short-term rentals (i.e. Airbnb type rentals). If you are advertising on sites such as Airbnb in Whistler you will be required to obtain a business license. But there is a catch - you cannot obtain a business license unless you have the p ...

1257 Menu Road, Lakeview Heights, West Kelowna, BC

June 8th, 2017

I just finished uploading this Single Family Home for sale, 1257 Menu Road, Lakeview Heights, West Kelowna, BC

Former licensed Bed & Breakfast near award winning wineries in the heart of the Okanagan! Gorgeous 5,604 sq ft home boasting 8 bedrooms, 6 full bathrooms plus a powder room. The home has a legal high end 3 bedroom suite on the lower level. In ground salt water pool with electri ...

Central Okanagan Real Estate Statistics - May 2017

June 2nd, 2017
Attached are statistics for real estate in the Central Okanagan through May 2017:



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