Housing Market

This conceptual rendering of a housing project proposed for Drysdale Boulevard in Glenmore is an example of the growing densification direction of development in the city. (City of Kelowna graphic)

Development outlook still bullish for Kelowna

Current economic uncertainties won’t hold back the Okanagan

 

The Kelowna housing market went up 14 per cent according to the 2023 BC Assessment. (@khzny/Twitter)

Less demand, more options give hope to Okanagan housing market

Second half of 2022 showed improvement from assessment date, says realtor

 

The property at 345 Lower Bench Road is the most valuable in Penticton, worth over $8 million, increasing in value over $400,000, according to BC Assessment. (Google Maps)

Home values up 14% may not mean higher property tax: City of Penticton

City of Penticton says property taxes budgeted for doesn’t change based on assessments

 

Less than one percent of houses listed in B.C. cities as of the first week of May 2022 are priced below $200,000, according to real estate search portal Point2. THE CANADIAN PRESS/Jeff McIntosh

Needle in a haystack: Less than 1% of homes in B.C. cities listed below $200,000

Zero homes under $200,000 exist in nine B.C. cities, international real estate portal finds

Less than one percent of houses listed in B.C. cities as of the first week of May 2022 are priced below $200,000, according to real estate search portal Point2. THE CANADIAN PRESS/Jeff McIntosh
Metro Vancouver real estate agents say the frenzy on house sales is slowing, but it doesn’t necessarily mean the price tag will drop. (Black Press Media file photo)

Metro Vancouver experts weigh in as RBC predicts cooling of B.C. housing market

Buyer frenzy beginning to slow, but sales still steady, real estate agents say

Metro Vancouver real estate agents say the frenzy on house sales is slowing, but it doesn’t necessarily mean the price tag will drop. (Black Press Media file photo)
A real estate sign (Jonathan Hayward/Canadian Press)

Mixed reviews on B.C.’s attempt to ‘cool off’ housing market by giving buyers more assurances

Despite allowing buyers time to rescind their offer, it must be balanced to protect sellers: experts

A real estate sign (Jonathan Hayward/Canadian Press)
According to the City of Kelowna’s community trends report, fewer than one in 10 Kelowna households could afford to buy a home at November 2021’s benchmark prices. (File photo)

Less than 1 in 10 can buy a home: Affordable housing key issue for Kelowna

The city also studied affordability in their 2021 Community Trends Report

According to the City of Kelowna’s community trends report, fewer than one in 10 Kelowna households could afford to buy a home at November 2021’s benchmark prices. (File photo)
A real estate sign is pictured in Vancouver, B.C. THE CANADIAN PRESS Jonathan Hayward

1 in 3 young Canadians have given up on owning a home: poll

Data released Monday says 36% of adults younger than 40 have given up on home ownership entirely

A real estate sign is pictured in Vancouver, B.C. THE CANADIAN PRESS Jonathan Hayward
The fear of selling a century-old home in B.C.

The fear of selling a century-old home in B.C.

Homeowner worries a piece of Abbotsford’s heritage will be lost if lot is redeveloped

The fear of selling a century-old home in B.C.