Kelowna Real Estate News
Extra, extra read all about Kelowna real estate news right from our blog. Neufeld Jones shares news directly from the Canadian Real Estate Association and other industry sources. Along with industry statistics, we’ll also share tips on buying and selling real estate in Kelowna. Therefore you can stay up to date on all things Kelowna and real estate!
Are you looking for more than just local real estate news? Have you visited our local Kelowna Neighbourhoods section? Discover some of the best places to call home in the Okanagan Valley. We have included a map for each neighbourhood that shows you which listings are currently active. Thus taking the guess work about where a property is located!
Of course, if you’re looking to trade up or downsize then get in touch. We’ll be happy to complete a full home evaluation for you. This evaluation will explain what your home is worth in today’s market. Next we’ll explain how we can actively market your property to get the best price in the shortest amount of time!
Give us a call if you have questions about Kelowna real estate news!
A Buyer’s Guide to Wilden Real Estate Kelowna
Spring has sprung, and what better way to kick it off than with Wilden real estate in Kelowna. Finding a home that suits your family’s needs can be difficult and
Real Estate in Kelowna – A Student’s Guide
This year’s university grad class prepares to receive their diplomas come May. We have prepared a guide for first time investors in real estate in Kelowna – specifically undergraduates. Getting
The Best Kelowna Real Estate Team Has An Exceptional Marketing Plan
Choosing the best Kelowna real estate team is the first step to ensuring your real estate experience is exceptional! That’s why you want to work with Paul and Wes, because
Kelowna Real Estate in 2021
We are excited to bring home buyers and sellers here in the Okanagan the opportunity to make 2021 a great year for Kelowna Real Estate! Last year was a bit
Episode 6:Strategic Advertising in Real Estate
In Episode 6 of REAL TIME, we talk with Subtej Nijjar, partner at Union Creative, the agency behind CREA’s national ad campaigns, about methodologies REALTORS® can employ to better understand
Episode 5:Managing your Online Reputation as a REALTOR®
In Episode 5 of REAL TIME, we’ll join Riti Verma, real estate entrepreneur and CEO of RankMyAgent.com—with input from REALTOR® Ben Sweet—to discuss the importance of managing your online reputation
Episode 4:A Conversation About Real Estate in the Age of COVID-19
In response to current conditions, businesses and REALTORS® need to react to a new world, though temporary, where human interaction is limited or discouraged. The real estate industry, built on
Episode 3:Steve Murray – REALTORS® and the Timeless Currency of Trust
In Episode 3 of REAL TIME, we talk with Steve Murray, president and co-founder of REAL Trends, about the foundational elements of real estate – what’s changed, what hasn’t –
Episode 3:REALTORS® and the Timeless Currency of Trust
In Episode 3 of REAL TIME, we talk with Steve Murray, president and co-founder of REAL Trends, about the foundational elements of real estate – what’s changed, what hasn’t –
Episode 2:Chris Chopik – Real Estate and the Environment
In celebration of Earth Day we’ll speak with REALTOR® Chris Chopik, a passionate environmental advocate about how climate-risk directly impacts the industry, the role REALTORS® can play protecting the environment,
Episode 1:Terry O’Reilly – REALTORS® and the Importance of Emotional Connections
This podcast is about brand storytelling. We’ll explore the crucial connection between REALTORS® and the emotional aspects of home buying and how to use those key elements to add value
Episode 1: Terry O’Reilly
Buying or selling a home isn’t just a financial decision. It’s an emotional one. In our inaugural episode of REAL TIME, we chat with award-winning marketer and radio icon Terry
Bank of Canada announces emergency interest rate cut
In an emergency announcement on March 13th, 2020 the Bank of Canada announced a 0.5% reduction in its trend-setting overnight lending rate from 1.25% to 0.75%. This was a further
Canadian home sales up in February
As providers of the most accurate and timely housing data and statistics, CREA cannot credibly update its quarterly forecast at this time. Ottawa, ON, March 16, 2020 – Statistics released
Bank of Canada cuts interest rates in response to rising global economic risks
In line with financial market expectations, the Bank of Canada announced, on March 4, it was lowering its trend-setting overnight lending rate by 50 basis points from 1.75% to 1.25%.
Changes to the mortgage stress test
Ottawa, ON, February 18, 2020 – Earlier today, Minister of Finance Bill Morneau announced changes to the mortgage stress test. The new benchmark rate used to determine the minimum qualifying
Canadian home sales down in January
Ottawa, ON, February 14, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020. Highlights: National home
CREA’s Chief Economist, Gregory Klump, retires after 28 years
Ottawa, ON, February 11, 2020 – Gregory Klump, CREA’s Chief Economist, has retired from The Canadian Real Estate Association after 28 years. Klump joined CREA in 1992, serving as staff economist
Canadian home sales inch lower in December
Ottawa, ON, January 15, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. Highlights: National home sales
Canadian home sales edge higher in November
Ottawa, ON, December 16, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019. Highlights: National home
Canadian home sales hold steady in October
Ottawa, ON, November 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were unchanged from September to October 2019. Highlights: National home
Canadian home sales rise again in September
Ottawa, ON, October 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up slightly in September 2019. Highlights: National home sales
Altus Group Partners with The Canadian Real Estate Association and its Member Real Estate Boards and Associations to Expand the MLS® Home Price Index Nationally
Advanced AVM technology from Altus Group combined with extensive data from real estate boards and associations delivers first national Canadian index making it one of largest and most comprehensive in
Statement from The Canadian Real Estate Association in response to the Conservative Party housing measures announcement
Ottawa, ON, September 23, 2019 — With Election 2019 underway, CREA welcomes today’s announcement that a Conservative government would introduce new measures to make it easier for first-time homebuyers to
Canadian home sales edge higher in August
Ottawa, ON, September 16, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in August 2019. Highlights: National home sales rose
Quarterly Forecast
CREA Updates Resale Housing Market Forecast Ottawa, ON, September 16, 2019 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing
Statement from The Canadian Real Estate Association in response to the Liberal Party FTHBI announcement
Ottawa, ON, September 12, 2019 — With Election 2019 barely underway, CREA welcomes today’s announcement that a Liberal government would extend the eligibility requirements for the First Time Home Buyers’ Incentive
The Canadian Real Estate Association launches its Election 2019 REALTOR® Resource Hub
Ottawa, ON, September 12, 2019 — The Canadian Real Estate Association (CREA) has launched an Election 2019 Resource Hub for REALTORS® called REALideas to share policy proposals to help Canadians achieve their
Canadian home sales rise in July
Ottawa, ON, August 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in July 2019 compared to June. Highlights: National
Canadian home sales hold steady in June
Ottawa, ON, July 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were little changed in June 2019 from the previous month.
Canadian home sales rise again in May 2019
Ottawa, ON, June 14, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed further in May 2019. Highlights: National home sales rose 1.9%
Quarterly Forecasts
CREA Updates Resale Housing Market Forecast Ottawa, ON, June 14, 2019 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing
Canadian home sales rise in April 2019
Ottawa, ON, May 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed in April 2019. Highlights: National home sales improved by
Canadian home sales edge higher in March 2019
Ottawa, ON, April 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged higher in March 2019 after having declined sharply the previous
Canadian home sales drop sharply in February 2019
Ottawa, ON, March 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales dropped sharply from January to February 2019. Highlights: National home sales
Canadian home sales improve in January 2019
Ottawa, ON, February 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales in January 2019 were up from the previous month but remained
Canadian home sales fall further in December
Ottawa, ON, January 15, 2019 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales posted a fourth-straight monthly decline in December 2018. Highlights: National home
Canadian home sales activity softens further in November
Ottawa, ON, December 17, 2018 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales posted another monthly decline in November 2018. Highlights: National home
Canadian home sales activity eases in October
Ottawa, ON, November 15, 2018 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between September and October 2018. Highlights: National home sales
CREA unveils redesigned REALTOR.ca website
Ottawa, ON October 18th, 2018 – The Canadian Real Estate Association (CREA) recently launched an improved REALTOR.ca website design that features a simpler and more powerful search function, enhanced homebuyer
First-ever REALTOR.ca Hackathon yields innovative new solutions for Canadian homebuyers
Ottawa, ON, October 15, 2018 – 77 developers and programmers signed up for the Canadian Real Estate Association’s (CREA) first ever REALTOR.ca hackathon over the weekend at Ottawa’s Bayview Yards.
Canadian home sales activity edges lower in September
Ottawa, ON, October 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales edged down slightly between August and September 2018. Highlights: National
162 SKYLAND DRIVE KELOWNA, BC
Luxurious walk out rancher estate at WILDEN boasting stunning lake, city, and valley views! This private .80 of an acre property has to be one of the most desirable
Canadian home sales activity edges higher in August
Ottawa, ON, September 17, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show a small increase in national home sales between July and August 2018. Highlights: National
Canadian home sales activity strengthens in July
Ottawa, ON, August 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from June to July 2018. Highlights: National home
128 LOST CREEK COURT KELOWNA, BC V1V 3B6
Stunning custom built Wilden Home. Contemporary design, high quality finishing & fantastic family floor plan with 4 bedrooms on the 2nd storey, and roughed in for a legal 1 bedroom
Data Related to Nearby Schools Added to Listings on REALTOR.ca
Ottawa, ON August 1st, 2018 – Canadian parents have always asked their REALTORS® about nearby schools when considering a new home and starting today they’ll be able to access school
Canadian home sales activity improves in June
Ottawa, ON, July 16, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from May to June 2018. Highlights: National home
Local Restaurant Hot Spot: Waterfront Wines
WHERE YOU WILL FIND US DINING: WATERFRONT WINES If you are looking for a fresh and local place to sit down with a classy environment, look no further than
Canadian home sales at five-year low in May
Ottawa, ON, June 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were little changed from April to May 2018. Highlights: National
Canadian home sales fall in April
Ottawa, ON, May 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell from March to April 2018. Highlights: National home sales
Canadian home sales improve slightly in March
Ottawa, ON, April 13, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales edged higher from February to March 2018. Highlights: National home
Canadian home sales fall further in February
Ottawa, ON, March 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales declined further in February 2018. Highlights: National home sales declined
CREA Updates and Extends Resale Housing Market Forecast
Ottawa, ON, March 15, 2018 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real
394-396 MOUBRAY ROAD KELOWNA, BC
Full side by side duplex right in the heart of North Glenmore with great valley view! Over half an acre of privacy plus sides on to and backs on to
Canadian home sales drop in January
Ottawa, ON, February 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell sharply in January 2018. Highlights: National home sales declined
757 RAYMER AVE KELOWNA, BC
Located in the Lower Mission, this beautifully designed 4 bedroom, 4 bathroom new build is the perfect option for families who desire to be in the heart of it all.
Canadian home sales surge in December
Ottawa, ON, January 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA), show national home sales continued to climb in December 2017. Highlights: National home sales
See our 8-Step Process for Home-Buyers
Beginning your home search can feel like an overwhelming and nerve-wracking task. After all, a home is the largest – and most emotional – investment most people will face in
Canadian home sales post solid gain in November
Ottawa, ON, December 14, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rose strongly in November 2017. Highlights: National home sales
CREA Updates National Resale Housing Market Forecast
Ottawa, ON, December 14, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real
4 Advantages of the Winter Real Estate Market for Sellers
We’ve been experiencing some beautiful fall days, but it won’t be long before they turn cold and snowy. That means many people are on the fence about listing their Kelowna
6 Landscaping Tips to Boost Curb Appeal
You’ve heard it before: You only have one chance to make a first impression! This is especially important when selling your home. Put yourself in the mind of a potential
Canadian home sales edge up again in October
Ottawa, ON, November 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain
The Canadian Real Estate Association names Michael Bourque as new Chief Executive Officer
Ottawa, ON (October 27, 2017) – The Canadian Real Estate Association (CREA) today announced that Michael Bourque has accepted the role of Chief Executive Officer (CEO), effective later this year.
What is a Home Market Evaluation?
You know how much you paid for your home and how much money you’ve spent on repairs and upgrades. So, when it comes time to sell your home, you may
Canadian home sales edge up again in September
Ottawa, ON, October 13, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but
The Hidden Costs of Buying a Home
Buying a home is one of the largest – and smartest – investments you are likely to ever make. It can be one of the most exciting (or terrifying) times
Canadian home sales edge up in August
Ottawa, ON, September 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a small gain in August 2017. Highlights: National
CREA Lowers National Resale Housing Market Forecast
Ottawa, ON, September 15, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real
How to Help Your Adult Kids Buy Their First Home: Advice for Mom and Dad
As the Kelowna real estate market continues to climb, it is becoming harder and harder for the younger generation to buy their first home. With current prices in the Central
Canadian home sales fall further in July
Ottawa, ON, August 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017. Highlights: National home sales
Canadian home sales drop again in June
Ottawa, ON, July 17, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales cooled further in June 2017. Highlights: National home sales
Real Estate Terms Everyone Should Know
Buying and selling real estate in Kelowna can be a complicated process, so it is important to learn the lingo before you get started. The more you know,
Canadian home sales drop sharply in May
Ottawa, ON, June 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a sizeable decline in May 2017. Highlights: National
CREA Updates Resale Housing Market Forecast
Ottawa, ON, June 15, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real
Puttering Around Kelowna: All You Need to Know Before You Go
Not only is the Kelowna real estate market hot and the Okanagan a desirable place to live, it has loads of awesome courses for golf lovers to appreciate. But before
Surviving the Crazy Kelowna Real Estate Market
We’re not even in the thick of the ‘spring market’ yet and it’s madness out there. If you’re a Buyer right now looking for a Kelowna home for sale, these
Canadian home sales drop in April
Ottawa, ON, May 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. Highlights: National home sales fell
Listings! We’ve Got Listings!
So you may have noticed that the blog has been pretty quiet these last few weeks. Our team has been round-the-clock busy helping a ton of Kelowna home sellers prep,
Canadian home sales edge higher from February to March
Ottawa, ON, April 18, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017.
Moving to Kelowna? Here’s What You Need To Know!
Located in the heart of the spectacular Okanagan Valley, Kelowna, B.C. is a place that anyone would be lucky to call home! From fabulous food and wine to fun and
Laura-Leah Shaw, REALTOR® from Vancouver, selected for national award celebrating wide range of philanthropic work
OTTAWA, March 27, 2017 – The Canadian REALTORS Care® Foundation has named Laura-Leah Shaw, of Vancouver, British Columbia, the recipient of its national award – the Canadian REALTORS Care® Award
Canadian home sales climb in February
Ottawa, ON, March 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.
5 Benefits of Hiring a Listing Agent to Sell Your Home
There’s a reason nearly 90% of Kelowna home sellers use a listing agent: Selling a home takes time, knowledge of neighborhood trends, and negotiating skills. Yet, it is quite surprising
Canadian home sales ease in September
Thu, 10/15/2015 – 09:00 Ottawa, ON, October 15, 2015 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity eased in September 2015
Canadian home sales little changed in August
Tue, 09/15/2015 – 09:00 Ottawa, ON, September 15, 2015 – According to statistics1 released today by The Canadian Real Estate Association (CREA), national home sales activity posted a small month-over-month increase
CREA Updates Resale Housing Forecast
Tue, 09/15/2015 – 08:58 Ottawa, ON, September 15, 2015 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®)
Bank of Canada keeps rates on hold
Thu, 09/10/2015 – 12:47 The Bank of Canada announced on September 9th, 2015 that it was keeping its trend-setting target overnight lending rate at 0.5 per cent. The Bank of
Liberal Party of Canada promises to ‘modernize’ the Home Buyer’s Plan
Wed, 09/09/2015 – 15:42 The Canadian Real Estate Association (CREA) welcomes Leader of the Liberal Party of Canada Justin Trudeau’s campaign promise to modernize the Home Buyer’s Plan (HBP), if
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Canadian home sales edge lower but remain strong in July
Fri, 08/14/2015 – 09:00 Ottawa, ON, August 14, 2015 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged slightly lower on
CREA Welcomes Proposal to Restore Strength of Home Buyers’ Plan
Wed, 08/12/2015 – 13:00 Ottawa, ON, August 12, 2015 – The Canadian Real Estate Association (CREA), on behalf of its 110,00 REALTOR® members across the country, welcomes today’s announcement by
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Keenan Loo
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Bank of Canada cuts rate
Thu, 07/16/2015 – 13:30 The Bank of Canada announced on July 15th, 2015 that it was lowering its trend-setting target overnight lending rate from 0.75 per cent to 0.50 per
Canadian home sales edge lower but remain strong in June
Wed, 07/15/2015 – 09:00 Ottawa, ON, July 15, 2015– According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged slightly lower on a
We hope you found some useful information about the Kelowna real estate market! Reading our blog can shed some light on topics such as mortgage trends and other factors that can directly affect our market. If you have questions about what our local market looks like for you to buy or sell a home then please give us a call!
