Real estate

Regulatory agencies overseeing real estate professionals in B.C. have called for a halt to all open houses, across the province. (THE CANADIAN PRESS/Sean Kilpatrick)

B.C. realtors asked to halt open houses due to spike in COVID cases

The Real Estate Council of BC says as COVID-19 cases surge, open houses should stop

Regulatory agencies overseeing real estate professionals in B.C. have called for a halt to all open houses, across the province. (THE CANADIAN PRESS/Sean Kilpatrick)
Fewer homes sold from Peachland to Revelstoke in October, compared to September, however they’re selling faster. Overall, the real estate market in the Central, North Okanagan and Shuswap cities is holding steady. (THE CANADIAN PRESS/Sean Kilpatrick)

Demand continues to drive Okanagan real estate markets

The increase in home sales has brought with it an increase in prices compared to last year

Fewer homes sold from Peachland to Revelstoke in October, compared to September, however they’re selling faster. Overall, the real estate market in the Central, North Okanagan and Shuswap cities is holding steady. (THE CANADIAN PRESS/Sean Kilpatrick)
Online sales are beginning to alter the traditional sales practices for real estate developments. (Contributed)

Embracing digital sales tactics in Okanagan housing market

Real estate industry’s resistance to online sales can’t last

Online sales are beginning to alter the traditional sales practices for real estate developments. (Contributed)
The final phase of new homes is underway at Seasons in the Okanagan, a new community boasting spectacular views over Okanagan Lake.

Location + Lifestyle for all Seasons

Vernon has the new home you want in the community you love

  • Oct 26, 2020
The final phase of new homes is underway at Seasons in the Okanagan, a new community boasting spectacular views over Okanagan Lake.
(Black Press Media files)

B.C. suburbs could see increased demand for rental units as people work from home

Vancouver’s average monthly rent is the highest out of 35 cities across Canada

(Black Press Media files)
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick

Canada records record home sales for September, up 45.6% from 2019

Actual national average home price in September was a record $604,000

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick
New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette

CMHC reports annual pace of housing starts in Canada fell 20 per cent in September

Economists had expected an annual rate of 240,000 starts in September

New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette
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)
Despite uncertainty in the global economy due to COVID-19, the real estate market in the Okanagan-Shuswap continues to rebound. September 2020 sales increased dramatically compared to 2019. (THE CANADIAN PRESS/Graeme Roy)

Okanagan-Shuswap real estate market continues to rebound

Seventy-eight per cent more homes sold in the Okanagan-Shuswap in September 2020 compared to 2019

Despite uncertainty in the global economy due to COVID-19, the real estate market in the Okanagan-Shuswap continues to rebound. September 2020 sales increased dramatically compared to 2019. (THE CANADIAN PRESS/Graeme Roy)
(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
Okanagan-Shuswap residential sales strong despite decreased inventory

Okanagan-Shuswap residential sales strong despite decreased inventory

Inventory struggling to keep up with demand, real estate board says

Okanagan-Shuswap residential sales strong despite decreased inventory
Win your Dream Home, Help BC’s Kids

Win your Dream Home, Help BC’s Kids

Get your tickets to win a multi-million dollar Grand Prize – and support BC Children’s Hospital

  • Aug 24, 2020
Win your Dream Home, Help BC’s Kids
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
More than 2,300 acres of the O’Keefe Range Land, off Vernon’s Bella Vista Road, is for sale. Asking price is nearly $29 million. (Colliers International photo)

Historic Vernon land parcel for sale

The O’Keefe Range Land off Bella Vista Road is available; owners asking for almost $29 million

More than 2,300 acres of the O’Keefe Range Land, off Vernon’s Bella Vista Road, is for sale. Asking price is nearly $29 million. (Colliers International photo)
(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)