Blog Articles

Are Real Estate Prices still dropping?  October 2022 Market Update

Posted on Oct 05, 2022


Single Family Residential Statistics

The Average Sale Price shows the YTD price of all sales in 2022, and it has continued to decline since the market peaked in March of this year. The average sale price in September was $1,090,830 for a single family residential property, up slightly from $1,046,552 in August 2022. Prices seem to be adjusting but n...

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Are you paying 100% Interest Right Now? | Renting vs Buying

Posted on Sep 22, 2022

In my latest video, find out if you are paying 100% interest right now and what you can do about it. 



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What are Okanagan Real Estate Prices Doing? - September 2022 Update

Posted on Sep 16, 2022

kelowna real estate prices okanagan real estate prices lake country real estate pricesThe average residential home price continued to slide again in August and has now dipped below where we started the year in January.  

But, there is good news buried in the details. Many forecasters and news outlets are reporting that prices in 2022 would dip 20%, and by the looks of it we are already there. Have we hit the bottom? No one really knows...

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Will the Bank Take Your House Away?

Posted on Sep 08, 2022


The bank doesn't want your house, they're not gonna just come and take it.

 They're not in the business of selling houses.

So you don't have to worry about interest rate fluctuations, market changes or if you bought your house in the last six months, for examaple, and let's say and prices have come down below what you paid for it and you might be in a...

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Central Okanagan Real Estate Market Update - August 2022

Posted on Aug 04, 2022

The Central Okanagan Residential Market in July 2022 saw a further increase in inventory and a softening of sales prices from the previous month. 
Here are a few highlights from the recent Association of Interior REALTORS® statistical report:
  • Available months of inventory (available single family properties/number of sales) increased to 9.08 months...

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RBC Predicting "Historic Correction" - Is that the whole story though?

Posted on Jul 25, 2022

Be careful only reading the headlines to these news stories. They are designed to scare people and create hysteria.

For example, the attached article looks terrible. However, if you read the article itself and dig a little deeper into the numbers, the headline doesn't tell the whole story.

RBC is predicting this "huge correction" this year with a d...

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