Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose October 1, 2023 If September's real estate sales seem low, it's not your imagination. This was the least amount of sales in the Central Okanagan for the month of September in at least the past ten years. With only […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose September 1, 2023 Often in the Kelowna real estate market, August slows down a little bit. Out-of-town buyers are on their way home (many Alberta school districts start in late-August, as an example), and our local families try and take advantage […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose August 1, 2023 On July 12, 2023, the Bank of Canada announced another interest rate hike, right on the heels of one in June. Leading to this announcement, many were speculating if rates would hold, continue to raise, or even go […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose July 1, 2023 It's July, the longest day of the year is behind us, and we're halfway to 2024. This allows us to have excellent insight on what's happened in our real estate market so far this year, as well as […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose June 1, 2023 Great news is that this spring we're seeing a more balanced market which is better for everyone. A balanced market is one where there is approximately 4-6 months of inventory and it's great to see all home categories […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose May 1, 2023 Qualified buyers are back! We're seeing buyers who are ready to purchase coming from out-of-town, out-of-province and locally as well. We're also seeing more and more sellers ready to price their homes at current fair market value. This […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose April 1, 2023 It's The New Normal. In this month's Kelowna real estate market update, Darcy provides excellent insight into the past year. Since April 2022, we've seen a calming of the market. With interest rate hikes and buyer uncertainty, a […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose March 1, 2023 Watch as Darcy Nyrose shares what happened in the Kelowna Real Estate Market in February 2023 and why he's pumped for the rest of 2023. When comparing to last year's numbers, don't worry. February 2022 was crazy. […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose February 1, 2023 - Watch as Darcy Nyrose shares what happened in the Kelowna Real Estate Market in January 2023 and why he's excited for the spring market. We've all just experienced the upward tailspin that was 2021/early-2022 Kelowna real estate. […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose January 1, 2023 - You know the saying "in like a lion and out like a lamb"? That is a great way to describe the real estate market in 2022. The market started out HOT, and with far more buyers than […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose December 1, 2022 - In this month's Kelowna Market Watch report, REALTOR® Darcy Nyrose provides a synopsis for what's currently happening in the Kelowna real estate market. Sales volume is down across the board in November (vs October 2022 and Nov. […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose November 1, 2022 - In this month's Kelowna Market Watch report, REALTOR® Darcy Nyrose recaps the Kelowna real estate market activity for October 2022 and zeroes in on a few popular neighbourhoods and their micro-market activity. Because different pockets of Kelowna […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose October 1, 2022 - In this month's report, Darcy Nyrose recaps the Kelowna real estate market activity for September 2022 and things to watch out for as we head into fall; including, interest rates and elections. Plus, if you think there's […]
Moving On Up is Getting More Difficult The pricing gap between home categories makes it difficult for many households to up-size. It's no secret that Kelowna housing prices have increased tremendously in recent years - cities across Canada are seeing similar growth in pricing and activity. While we often compare pricing by category types on […]
In March, 2010, on the heels of hosting the Winter Olympics, the average price for a single family home in Vancouver hit $1-million. Now, Kelowna’s market is in a very similar position. The big difference between then and now, is Kelowna’s real estate prices aren’t as isolated as Vancouver’s were at the time - Greater […]
The decision to sell a house, especially if it is your primary residence, is never an easy one. So, if you’ve been waiting for a sign, this is it. Here’s what’s happened in the market that leads to NOW being the sweet spot for home sellers: In January 2020, Darcy outlined the changes to […]
In March 2020, The Bank of Canada dropped its overnight interest rate to a historically low 0.25%. This encouraged would-be buyers to purchase homes. With this, activity in many markets rose, and in markets with already low inventory, there was a further increase in competition to purchase homes, leading to record-high sales prices. This was […]
The holidays don’t have to be a bad time to sell. In fact, because the Internet means your home is visible all the time, regardless of the holiday or time of day, any time is a good time to sell. In fact, buyers who are looking over the holidays are generally more serious. So, how […]
You might not associate winter with real estate; however, there are several advantages to listing your home right now.
Kelowna Real Estate Sellers' FAQ How much could I get for my home right now? It’s no surprise that a lot of people are asking the same question right now. Should I sell to take advantage of the crazy seller's market, and just how much can I get? Watch as Kelowna top Realtors® Darcy Nyrose […]
We often compare real estate to matchmaking and dating - both involve sifting through to bring the right two parties together to ‘complete’ - only in real estate it’s a home, not heart. But just like in love, when it’s right, it’s right. When working with sellers, receiving offers is always exciting. Offers provide validation […]
Every homeowner is likely asking the same question "should I list my home?". We'd love to say "YES". After all, with low interest rates, and an influx of out-of-town buyers and investors - there are a lot of buyers looking to purchase property in Kelowna right now. And, if more people listed, the market would […]
Kelowna Realtor® Darcy Nyrose (PREC*) answers the million-dollar question in real estate: “How Do I Know What To Price My Home At?" To determine fair market value for a home, REALTORS® look at market data. By looking at recent comparable sales and current homes on the market experienced agents can determine what a buyer might […]
How do you know which REALTOR is the right fit for you? With so many realtors in Kelowna, chances are you know a few, or have friends or family that know a few. Choosing a realtor can make for an excruciating decision. And, just because a realtor worked well with your neighbour (or your best […]
