Kelowna Real Estate News and Updates

Great article in USA Today about the Okanagan and real estate!   http://www.usatoday.com/money/economy/housing/2010-06-03-okanagan-valley-canada_N.htm    

  Buying a HomeUnderstanding house prices A home may be one of the biggest investments you ever make. Saving up a down payment is just the first step. Find out more.Share with friends CloseEmail Please enter a valid e-mail address Please enter a comma delimited list of valid e-mail addresses Other ways of sharing:Tweet this on TwitterShare ...

Steve LadurantayeFrom Thursday's Globe and Mail Published on Wednesday, Feb. 17, 2010 7:55PM EST Last updated on Saturday, Feb. 20, 2010 3:14AM EST A rush of home buyers trying to beat higher taxes and tighter mortgage regulations could pump up the housing market just as it's showing signs of cooling. The real estate market pulled back ...

Rob CarrickFrom Saturday's Globe and Mail Published on Friday, Feb. 19, 2010 7:57PM EST Last updated on Sunday, Feb. 21, 2010 2:53AM EST Advice for sellers from Toronto real estate agent Laurin Jeffrey: 1. Get Moving “If anyone's thinking of selling, now's the time,” Mr. Jeffrey said “Prices are up, interest rates ...

REAL ESTATE REPORT February 2010The Kelowna area newhome constructionmarketbegan 2010 on a positive note. Housing startstotaled 161 homes in January, up from 17 homes ayear ago, according to Canada Mortgage andHousing Corporation (CMHC).“Rental construction boosted January housingstarts,” explained CMHCMarket Analyst Paul ...

By Scott Peckford The HST has been looming large in the minds of prospective homebuyers. A recent IPSOS Reid survey indicated 40 per cent of B.C. Home Buyers believe the HST will impact their home buying plans. The question is, how big of an impact will it have? The jury is still out on exactly how the HST will affect the overall housing ...

February 16, 2010New Mortgage Rules: The Good, The Bad, The UglyHere is the official announcement from today:  Finance Department releaseThese new rules apply to government-backed insured mortgages only.The Good:  5-Year Fixed Qualification RatesThe New Rule:  Borrowers will need to qualify using a 5-year fixed rate regardless of ...

From www.kelownadailycourier.ca Local Million-dollar homes selling again in Okanagan By Steve MacNaull Saturday, January 23, 2010 Nothing points to an improving economy like the sale of million-dollar homes. Last year, while the recession raged, it took until May for the first eight $1-million homes to sell in Kelowna. In a dramatic ...

Hi there...quick note on this post, the graphs did not transfer over, if you would like them emailed to you please contact me,thanks, Dave January 15, 2010Economic update Canada’s housing starts end 2009 on a high note ALEX CARRICK Chief Economist, CanaData 2009 can be split into two time periods when it comes to housing starts, ...

From www.kelownadailycourier.ca National Record home sales to cap off 2009 based on supply and demand, not bubble By Sunny Freeman, THE CANADIAN PRESS Friday, January 15, 2010 TORONTO - Record home sales last month are based on low supply and high demand and are more likely to drop off this year than inflate a housing bubble that could ...