Real estate

Housing isn’t being built fast enough to quell Salmon Arm’s current hot real estate market according to local realtors. (File photo)

Pandemic contributing to challenging time for home buyers throughout Okanagan, Shuswap

Realtors association says increased demand created ‘huge shock’ on supply

 

The former BC Tree Fruits office building at 1473 Water Street sold for $7.5 million in December 2020. (Contributed)

Former BC Tree Fruits Kelowna packinghouse listed for $20M

Listing says the downtown Kelowna property could be part of a ‘master-planned waterfront community’

 

Michael Tremblay. Darren Hull photography

Charting The Course

Michel Tremblay navigates work and adventure

  • Mar 29, 2021

 

The earliest known drawing of Woodside Farm in the 1850s. (Contributed - Sooke Region Museum)

Woodside sold: Sooke couple buys Western Canada’s oldest working farm

South Island’s Woodside Farm is the oldest continuously operated farm west of the Great Lakes

The earliest known drawing of Woodside Farm in the 1850s. (Contributed - Sooke Region Museum)
(Pixabay)
(Pixabay)
A concept image of what the bathroom could look like. Designed by Toronto firm Gluckstein Design. (One Water Street)

At $10M, Okanagan’s most expensive condo is ready to customize

The penthouse suite at One Water Street will have 4,500 square feet of interior space

A concept image of what the bathroom could look like. Designed by Toronto firm Gluckstein Design. (One Water Street)
Low interest rates have acted as a catalyst for the pandemic real estate market. THE CANADIAN PRESS/Graeme Roy

Millennial homebuyers benefiting from pandemic pricing

Mortgage rates at lowest in decades, helping people enter the market

Low interest rates have acted as a catalyst for the pandemic real estate market. THE CANADIAN PRESS/Graeme Roy
(Pixabay)

Kelowna real estate group hacked, confidential information leaked online

RE/MAX Kelowna victim of malware attack, insist no client data leaked

(Pixabay)
In 2020, 8,497 properties were sold in the Victoria Real Estate Board region – a 17.1 per cent jump from 2019. (Unsplash)

Here’s how many months you would have to save up to buy a house in these B.C. cities

Best to start planning early, the National Bank of Canada has found

In 2020, 8,497 properties were sold in the Victoria Real Estate Board region – a 17.1 per cent jump from 2019. (Unsplash)
FILE – A real estate sign is pictured in Vancouver, B.C., on June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

B.C. residential real estate prices have gone up by 16% since last January: report

BCREA said unit sales and dollar sales volume were much higher than January last year

FILE – A real estate sign is pictured in Vancouver, B.C., on June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward
(Pixabay)

Kelowna real estate group hacked, confidential information leaked online

RE/MAX Kelowna victim of malware attack, insist no client data leaked

(Pixabay)
A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. (THE CANADIAN PRESS/Graeme Roy)

Okanagan home prices jump as real estate market heats up in January

Association of Interior Realtors reports 60 per cent sales spike last month compared to January 2020

A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. (THE CANADIAN PRESS/Graeme Roy)
A new development called Altitude in Sun Peaks sold out in one weekend. (Artist’s representation)

Recreation properties in Shuswap, Kamloops popular in pandemic

Sun Peaks development sells quickly, Shuswap property values rise

  • Jan 29, 2021
A new development called Altitude in Sun Peaks sold out in one weekend. (Artist’s representation)
(AP Photo/Elaine Thompson, File)

16% boom predicted for B.C. real estate sales in 2021: experts

Along with sales, the average price of homes is also predicted to rise, by nearly 8 percent

(AP Photo/Elaine Thompson, File)
A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

W-shaped recovery would be ‘very severe’ without government assistance: CMHC

The corporation says the COVID-19 pandemic could trigger nearly 50 per cent drop in housing prices

A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy
Charles Rochfort, left, and Jonathan Grenier work on a home as Quebec lifts the ban on residential construction due to the COVID-19 pandemic Monday April 20, 2020 in Deux-Montagnes, Que. THE CANADIAN PRESS/Ryan Remiorz

Annual pace of housing starts down in December: Canada Mortgage and Housing Corp

Rural starts were estimated at a seasonally adjusted annual rate of 22,373 units

Charles Rochfort, left, and Jonathan Grenier work on a home as Quebec lifts the ban on residential construction due to the COVID-19 pandemic Monday April 20, 2020 in Deux-Montagnes, Que. THE CANADIAN PRESS/Ryan Remiorz
Half of the most expensive homes are on 2080 Mackenzie Crt, which is across the street from Revelstoke Mountain Resort. (Liam Harrap/Revelstoke Review)

The 10 most valuable homes in Revelstoke for 2020

Combined, the properties are worth more than $35M

Half of the most expensive homes are on 2080 Mackenzie Crt, which is across the street from Revelstoke Mountain Resort. (Liam Harrap/Revelstoke Review)
Real estate sales in the South Okanagan grew by more than any other part of the province in 2020. (Marissa Tiel - Black Press)

South Okanagan fastest growing real estate market in B.C.

There was over $1 billion in residential sales in 2020

Real estate sales in the South Okanagan grew by more than any other part of the province in 2020. (Marissa Tiel - Black Press)
12990 Pixton Road in Lake Country. (BC Assessment)

Thompson-Okanagan’s most expensive home located in Lake Country

Central Okanagan take the top 20 spots on BC Assessment’s list of highest-valued residential properties in the region

12990 Pixton Road in Lake Country. (BC Assessment)
FILE – Construction cranes tower above condos under construction near southeast False Creek in Vancouver on February 9, 2020. THE CANADIAN PRESS/Darryl Dyck

B.C. property values went up 4.2% in 2020 as most homeowners see ‘moderate increases’

Every region in B.C. reported a zero to 10 per cent increase in valuation, although individual cities differ

FILE – Construction cranes tower above condos under construction near southeast False Creek in Vancouver on February 9, 2020. THE CANADIAN PRESS/Darryl Dyck