April 2013: Market Trend or Fluke?May 8, 2013Newsletter0Kelowna Real Estate Market Update Kelowna April 2013 News Kelowna Market Update We are happy to report that as we see improvement in the weather, we also see more action in real estate here in Kelowna and area especially in the $700K plus home sales. Consumer confidence is increasing and April came out very strong [...]
What is Canada’s Real Estate Forecast?April 11, 2013Video Market Updates0Wolf and Colin discuss the average price for homes in Kelowna and how the listing inventory is slowly coming down. Colin talks about the forecast from the Canadian Real Estate Association (CREA) and where they think Canada is headed this year. They also discuss the most active area of the Kelowna real estate market.
Looking Forward to a Strong Spring, But Still in a Buyers MarketNewsletter0Kelowna Real Estate Market Update Kelowna March 2013 News Kelowna And Area Single Family Dwellings (SFD) Activity Sales in the Single Family Dwellings (SFD) reached 154 in March which is 8% below March 2012 and also below our 21 year average, of 202 sales. Listings show a slight decrease to a total of 1,489 which [...]
March 2013 – Kelowna Real Estate Market UpdateMarch 12, 2013Newsletter0Kelowna Real Estate Market Update Great News Kelowna February 2013 News Good news! Fantastic long term mortgage rates below 3% are making real estate more affordable! We are noticing more showings on our listings. We were showing homes in the $400K range the other day and at one of the properties we had 2 showings [...]
February 2013 Update – Buyer Survey Facts, Astonishing!February 7, 2013Newsletter0Positive Signs on the Horizon Great News A national survey, hosted on the Angus Reid Forum in December for RE/MAX Canada focused on consumer demographics and buyer intentions. The survey provides a snapshot of Canadian homebuyers heading into a period of moderation. Among the key findings: Over 80% of buyers believe housing values in their [...]
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