Real estate

The South Okanagan Real Estate Board released stats Oct. 5 2020 showing that single-family residential sales in the South Okanagan more than doubled in Sept. 2020 compared to Sept. 2019, with an increase of 122 per cent. (Michael Lang / Black Press)

South Okanagan real estate sales boom in September

More than double the amount of single family units were sold compared to last September

The South Okanagan Real Estate Board released stats Oct. 5 2020 showing that single-family residential sales in the South Okanagan more than doubled in Sept. 2020 compared to Sept. 2019, with an increase of 122 per cent. (Michael Lang / Black Press)
Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)

COVID-19 is reshaping what first-time homebuyers are looking for: BMO survey

Still, 40 per cent of potential first-time home owners think now is a good time to buy

Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)
(Phil McLachlan - Capital News)

Historic BC Tree Fruits head office in Okanagan for sale

The company’s CEO said the decision was necessary due to a fickle fruit market

(Phil McLachlan - Capital News)
Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

Housing market ‘moderately’ vulnerable amid potential overvaluation of homes: CMHC

CMHC says there was a ‘moderate degree of vulnerability’ in the housing market as of the end of June

Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward

CREA reports Canadian home sales climb again, set record for August

Compared with a year ago, sales in August were up 33.5 per cent

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward
$15.9M property for sale in Revelstoke

$15.9M property for sale in Revelstoke

The wooded property is beside a proposed golf course

$15.9M property for sale in Revelstoke
Canadian Real Estate Association says July marked a record high for home sales

Canadian Real Estate Association says July marked a record high for home sales

CREA says the actual national average price for homes sold in July was a record $571,500

Canadian Real Estate Association says July marked a record high for home sales
(The Canadian Press)

CMHC reports annual pace of housing starts climbed nearly 16% in July

Economists on average had expected an annual rate of 210,000

(The Canadian Press)
A Kelowna real estate agent has been fined following his creation of a website a website that advertised services he was not licensed to provide. (raxpixel photo on Unsplash)

Kelowna real estate agent fined $6,500 for ‘misleading’ website

The website listed several services its owner was not licensed to provide

A Kelowna real estate agent has been fined following his creation of a website a website that advertised services he was not licensed to provide. (raxpixel photo on Unsplash)
The South Okanagan Real Estate Board saw an increase in real estate activity in July. (Contributed)

South Okanagan sees increase in real estate activity

More single family homes sold at higher prices when compared with a year ago

The South Okanagan Real Estate Board saw an increase in real estate activity in July. (Contributed)
Struggling South Okanagan real estate market rebounds in June

Struggling South Okanagan real estate market rebounds in June

New report by real estate board shows rebound of local housing market in June 2020

Struggling South Okanagan real estate market rebounds in June
Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld

Mortgage defaults after COVID-19 could look different than 2008, says economist

Deferrals were key to helping people keep their homes, economists say

Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Open houses resume, but the home-buying pastime has drastically changed

The situation is all the trickier when landlords look to show properties occupied by tenants

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

The large home, located on ALR land, is one of the last new mansions to legally be built on ALR land

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.
The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)
(The Canadian Press)

CMHC reports annual pace of housing starts in Canada increased in June

Rural starts were estimated at a seasonally adjusted annual rate of 15,006 units

(The Canadian Press)
A Vernon man, and the city, is hoping Victoria will buy 234 acres of Okanagan Lake shoreline in Okanagan Landing for further recreational pursuits. (Colliers International photo)

Vernon man urges province to buy Okanagan Lake property

Mike Brown launches petition for government to purchase historic Okanagan Landing property

A Vernon man, and the city, is hoping Victoria will buy 234 acres of Okanagan Lake shoreline in Okanagan Landing for further recreational pursuits. (Colliers International photo)
FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS/Jonathan Hayward

B.C.’s real estate market shows ‘encouraging signs of recovery’ in May: association

Real estate listings, sales still down in B.C. as COVID recovery begins

FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS/Jonathan Hayward
Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees (The Canadian Press)

CMHC re-assessing policies through a racialized lens to eliminate discrimination

Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees

Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees (The Canadian Press)
A new 34-storey condo tower will be built at 1488 Bertram Street, transforming Kelowna’s skyline. (Photo courtesy Mission Group)

Kelowna developer recognized as Canadian top 100 employer

Mission Group is a Kelowna-based real estate development company

A new 34-storey condo tower will be built at 1488 Bertram Street, transforming Kelowna’s skyline. (Photo courtesy Mission Group)