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 […]
A Day At The Orchard... 1 Day. 3 Builders. 5 Luxury Homes on Showcase The perfect blend of custom, luxury homes When: Saturday May 27 from 12-4pm Where: The Orchard at the Mission Get ready to taste the good life! Nestled in the heart of Kelowna's Lower Mission, this exclusive event invites you to experience […]
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 […]
YOUR INSIDE LOOK AT KELOWNA REAL ESTATE DEVELOPMENTS If you're considering buying a new construction home in Kelowna, you might be wondering if 2023 is a good year to take the plunge. While it's impossible to predict the future, there are a few factors to consider that may influence your decision. 5 Things to Consider […]
April 12, 2023 - The Bank of Canada announced today that it will continue to hold its key interest rate at 4.5%. 2021 and the early months of 2022 saw low inventory, record-high housing prices and low interest rates. It was a combination that resulted in further reducing inventory and escalating real estate prices. In […]
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 […]
Every month, there are thousands of active real estate listings in the Central Okanagan. All of them waving a big sign basically saying "hello, is it me you're looking for?" So, how do you make your search for THE ONE easy? Many REALTORS® will tell you that when you know, you know. But first, you […]
March 27, 2023 - The federal government announced amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act's regulations that came into force Jan 1, 2023. Here's what you need to know: [blog_features] The original law which bans foreign buyers from purchasing residential real estate until 2025, was supposed to ease pressure […]
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. […]
YOUR INSIDE LOOK AT KELOWNA REAL ESTATE DEVELOPMENTS Buying NEW - When Is The Best Time To Buy New Construction? (Part 3 of is Buying New a Good Investment in Kelowna) In part 1 of the series “Is Buying New a Good Investment in Kelowna” we looked at what makes a new build a good […]
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. […]
Updated - Feb. 2023 - 2021 and the early months of 2022 saw low inventory, record-high housing prices, and low interest rates across Kelowna (and many cities in Canada). Inflation peaked at 8.1% in June and has been declining since. November's inflation rate was 6.8%. February 2023's inflation rate is 5.92%. In efforts to tame […]
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 […]
Foreign Buyer Ban - 2023 BC Real Estate News Earlier in 2022, the Canadian government announced a two-year restriction on foreign buyers purchasing real estate in Canada. This was in an attempt to curb speculation buying and quickly-increasing home prices across the country. In addition, the restrictions are meant to allow Canadian buyers the opportunity […]
The government has introduced a cooling off period for buyers, in response to the 2021-early-2022 hot real estate market that saw many buyers putting in unconditional offers on their home purchases. Beginning January 1, 2023, home buyers can rescind their purchase contract within 3 days of a seller accepting it, should they change their mind. […]
New Strata Laws - Here's What Happened in Real Estate in 2022 New strata legislation came into effect in November 2022 that deemed almost all rental by-laws no longer enforceable. A couple of bylaws that remain in effect include short-term rental bylaws prohibiting Airbnb type rentals and age restrictions for 55-and-over strata communities/buildings. This was […]
BEST THINGS TO DO IN KELOWNA IN THE WINTER - From skiing and skating to enjoying the inside of a warm, cozy home, our Nyrose and Associates team share their TOP THINGS TO DO IN KELOWNA in the Winter.
Kelowna dazzles under the lights of Christmas. Discover the best displays of holiday lights in Kelowna - Use our guide, grab a cup of hot cocoa, your trusted navigation system, a playlist of your favourite Christmas carols, and spend some time driving around the lit-up streets of our town! [blog_features] As Kelowna Real Estate agents, […]
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 […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Realtor Darcy Nyrose September 1, 2022 - In this month's report, Darcy Nyrose recaps the Kelowna real estate market activity for August 2022 and what we can expect to see as we head into fall. And, for those who have been hearing the rumours […]
Kelowna Real Estate Stats & Trends - Your Market Report With Kelowna Realtor Darcy Nyrose In this month's report, Darcy Nyrose recaps the Kelowna real estate market activity for July 2022, looks at the trends and what we can expect to see as we head into the final days of summer. Watch as Darcy Nyrose […]
As we bask in the dog days of summer, we can relish in the fact that here in the Okanagan, summer extends well beyond August and there is an abundance of things to do. Hiking, biking, walking, jumping in the lake, paddling, water sports, golf... the list goes on. For those looking for something a […]
