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!
January 2023 Real Estate Sales Statistics – Kelowna and The Central Okanagan
January 2023 real estate sales in Kelowna were down by almost half in the first month of the sales year. There were 552 residential unit sales recorded across the region.
Mission Kelowna Real Estate Near Private Schools
Choosing what school to send your child to is an important decision. Kelowna has a number of great schools. However, the area you live in often determines what schools you
Private Schools Near Glenmore Real Estate!
Happy new year everyone! We hope you all had a restful break and enjoyed the holidays. Now that January is here, it’s time for us to kickstart our 2023 blog
December Real Estate Sales Statistics – Kelowna and The Central Okanagan
December real estate sales in Kelowna continued to decline compared to the same time last year. Rising interest rates continue to throttle prospective buyers from a financing standpoint, putting additional
November Real Estate Sales Statistics – Kelowna and The Central Okanagan
November real estate sales in Kelowna continued to decline as we wind down toward the new year. There were 844 residential unit sales recorded across the region in November. This
2022 Real Estate in Kelowna – The Recap!
2023 is almost here, so it’s a great time to recap 2022 real estate in Kelowna! In essence at the end of 2022, we are going to be going over
October Real Estate Statistics – Kelowna and The Central Okanagan
October real estate sales in Kelowna, were full of surprises, especially if you haven’t been following along. You might have been surprised to hear that the benchmark single-family home price
Post Secondary Schools in Kelowna
Kelowna real estate near UBCO Kelowna real estate near UBCO is a popular choice for real estate investors in the Okanagan Valley. The education system in Kelowna provides options for
September Real Estate Statistics – Kelowna and The Central Okanagan
Last month we wrote that August real estate sales in Kelowna were telling a story. September isn’t deviating from the plot. Sold units are down, and active listings are up
High Schools in Kelowna
Kelowna is home to three high schools for students in all catchment areas. These schools include École Okanagan Mission Secondary School, Rutland Senior Secondary School, and École Kelowna Secondary School.
August Real Estate Statistics – Kelowna and The Central Okanagan
Doubled Active Listings and a 26% Drop in Solds – August is Telling Us Something! Active listings nearly doubled according to August real estate statistics recently released from the
Middle Schools in The Glenmore & Rutland Areas
Glenmore and Rutland are home to three middle schools for students in the catchment area. These schools include École Dr. Knox Middle School, Rutland Middle School, and Springvalley Middle School.
July Real Estate Statistics – Kelowna and The Central Okanagan
The Kelowna real estate market in July saw no surprises if you’ve been following closely along. Residential sales activity was below the normal average for a typical July. In fact,
Middle Schools in The Kelowna Mission Area
The Mission is home to two middle schools for students to attend. These include Canyon Falls Middle School and École K.L.O Middle School. Both facilities provide excellent educational opportunities to
June Real Estate Statistics – Kelowna and The Central Okanagan
June :: Kelowna Real Estate Statistics – Kelowna and The Central Okanagan June is here and with it comes fresh inventory! June was an interesting turn of events in real
May Real Estate Statistics – Kelowna and The Central Okanagan
May Real Estate Statistics – Kelowna and The Central Okanagan May is showing signs that market value remains steady as sales slightly dip. This pattern suggests that the market is
Things to Consider Before Buying a Farm in Kelowna.
Buying a farm in Kelowna can be a big purchase that requires ongoing maintenance and effort. Determining whether or not you are ready for such a commitment is essential prior
April Real Estate Statistics – Kelowna and The Central Okanagan
April Real Estate Statistics – Kelowna and The Central Okanagan Each month we provide the recent sales data for the Central Okanagan. This report is for the month of April
Should You Buy Housing in Kelowna For a Vacation Property?
Housing in Kelowna is perfect for a vacation home. The nightlife, outdoor activities, and culinary hotspots make Kelowna a top destination for many tourists. If you have been toying with
March Real Estate Statistics – Kelowna and The Central Okanagan
March Real Estate Statistics – Kelowna and The Central Okanagan The spring numbers for real estate in Kelowna are starting to bloom! We have provided the latest sales data for
Real Estate and Divorce in Kelowna
Given the soaring real estate prices prevalent across the country, couples going through divorce are left unsure what to do with their real estate investments. Not every marriage is going
February Real Estate Statistics – Kelowna & Central Okanagan
February Real Estate Statistics – Central Okanagan The latest real estate stats for Kelowna and the Central Okanagan were released today. In combination with a bump in interest rates, we
Luxury Real Estate in Kelowna for 2022!
Kelowna, BC is one of the fastest-growing cities in Canada according to the most recent census from Statistics Canada. This stat puts the luxury real estate market in an interesting
January Real Estate Statistics – Central Okanagan
January Real Estate Statistics for the Central Okanagan brought to you by Neufeld Jones The numbers are in. January was another record month for real estate statistics in the Central
Houses in Downtown Kelowna & South East Kelowna Near Schools!
For the month of February, we are continuing with our school-related content. In the previous months, we wrote about elementary schools in Glenmore, Rutland, Lower Mission, and Upper Mission! This
Kelowna Mission Real Estate Near Schools!
Happy new year to our readers! We want to greet you back, hopefully from a very restful break! We hope to extend a warm welcome to any new readers visiting
December Real Estate Market Statistics – Kelowna
December real estate market summary statistics show the real estate market in Kelowna is holding strong with low inventory and record-high prices! The December real estate market in Kelowna brought
November Real Estate Statistics – Central Okanagan
November real estate summary shows real estate inventory in Kelowna is still unprecedentedly low The November sales data for the Central Okanagan has finally arrived! Check out these numbers below
Kelowna Real Estate Wrap Up
Welcome to the Neufeld Jones year-end, Kelowna real estate wrap-up! With 2021 came lots of new challenges, great real estate, and some very helpful articles. At Neufeld Jones, we strived
October Real Estate Statistics – Central Okanagan
October has come and gone with some interesting sales stats once again for the Central Okanagan housing and real estate market. Demand continues to outpace supply in the Central Okanagan.
Elementary Schools Near Houses in Rutland and Glenmore (2021/2022)
Following up on last month’s article, we are going to be going through more educational content! When you set out to look for houses in Kelowna, you’ll likely want to
September Real Estate Statistics – Central Okanagan
The September real estate statistics were released today for Kelowna and surrounding areas. September saw a 4% dip when it came to single-family home prices in the Okanagan. The benchmark
Schools near houses for sale in Kelowna!
Schools are an important factor when buying houses for sale in Kelowna. The onslaught of the pandemic has caused many people to move to Kelowna. While there are many educational
August Real Estate Statistics – Central Okanagan
Single-family home prices in Kelowna continue to rise. Despite the pandemic, forest fires, and a labor shortage. Take a look at the statistics below and reach out to us for
Things to Look For When Viewing Real Estate in Downtown Kelowna!
Buying real estate in Downtown Kelowna will give you endless opportunities. The vibrant community bustling below your new apartment will inspire you to be your best self. Gyms, restaurants, and
July Real Estate Market Statistics – Central Okanagan
The real estate market in Kelowna is always changing! To find out more, please get in touch with us. Especially if you would like to learn more about what is
Real Estate in Kelowna’s McKinley Landing Neighbourhood!
Buying real estate in Kelowna’s McKinley is perfect for all types of buyers! Many people are eager to snatch up real estate in this area because of the near-perfect location.
Why Buy Vacation Real Estate Kelowna?
Vacation real estate Kelowna is some of the most valuable you can buy. As locals of this amazing city, we understand the attraction of owning a property in such a
Kettle Valley Real Estate is a Great Investment – Here’s Why.
Kettle Valley real estate is perfect for all of your family needs. Built around a sense of community, this little village was constructed to accommodate your average single family. The
Neufeld Jones Will Help You Prepare To Meet A Kelowna Mortgage Broker
For those of you looking to snatch up some kelowna real estate for the summer, we’ve compiled a list of advice for when you need to meet a Kelowna
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
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
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
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!