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The HOLM Stretch | January 31, 2025
Chris Holm & Associates
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
Thanks for stopping by!
How Canadian homebuyers’ priorities are shifting
As Canadian real estate continues to evolve, so do homebuyers’ priorities. Whether you're thinking about selling your home now or just curious about the market, it’s helpful to stay informed about what buyers are looking for.
According to RE/MAX’s 2024 Liveability Report, here are a few notable trends influencing the decisions of today’s homebuyers:
👉 Affordability is top of mind: With housing prices fluctuating, affordability remains the key factor for buyers across the country. Canadians are looking for homes that fit their budget while offering good value.
👉 Proximity to work and walkability: More buyers are considering how close they are to work and essential services. While the trend for walkable neighbourhoods is still important, proximity to work is becoming slightly less of a priority than in previous years. People are also valuing flexibility in how they navigate their day-to-day activities.
👉 The age of the home matters: Nearly one-quarter of Canadians now place importance on the age of a home. Newer homes often come with modern features and energy efficiency, which can be attractive to buyers looking to minimize maintenance costs over time.
👉 Keeping liveability high: More than half of Canadians say they are unwilling to compromise on liveability factors when choosing a home. This includes access to amenities like parks, schools, and transportation, which are vital to creating a desirable living environment.
The key takeaway?
Homebuyers' priorities are shifting, and understanding these trends can help you stay prepared—whether you’re thinking of selling soon or just planning for the future.
Talk soon,
CHRIS, PATRIC, JULIE, JASMINE, KRISTI & BRELL
Scroll down for our regular real estate and community features.
In North Okanagan Real Estate
As of the morning of Friday January 31, there are 647 homes showing as active listings here in North Okanagan. On January 24, there were 637 homes active.
Sales ranged from $142,000. to $1,099,000. Days to sell ranged from 9 to 244. 7 listings expired, 13 were cancelled.
13 prices were reduced over the last week.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$142,000.
Low Sale
45
New Listings
$1,099,000.
High Sale
18
Listings Sold
JUST LISTED
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ICYMI...
BUYERS SPECIALISTS PICKS THIS WEEK
WHAT'S HAPPENING?
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WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
4
New Listings
3
Listings Sold
0
Price Up
1
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
32
New Listings
10
Listings Sold
0
Price Up
9
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
2
New Listings
1
Listings Sold
0
Price Up
1
Price Down