The HOLM Stretch | June 14th, 2024
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.
Last week, the Bank of Canada has reduced the overnight lending rate from 5% to 4.75%.
How does this impact you?
For buyers, this means you may have to move at a faster pace than you were previously used to. Make sure to stay updated on property listings and secure your pre-approvals as soon as possible.
And for sellers, this could mean a good opportunity for a quick sale.
Month-over-month home sales have already picked up quite a bit, with national sales up 14.5% from March to April and 10.1% year-over-year. [Zoocasa]
If you have any additional questions about how this rate cut impacts you, our team is here to help. Feel free to reach out.
Scroll down for our regular real estate and community features.
Talk soon,
Chris, Patric, Julie, Jasmine, Kristie & Brell
In North Okanagan Real Estate
As of the morning of Friday June 14, there are 1020 homes showing as active listings here in North Okanagan. On June 7, there were 994 homes active.
Sales ranged from $185,000. to $1,150,000. Days to sell ranged from 8 to 340. 5 listings expired, 7 were cancelled.
11 prices were reduced over the last week, 1 price increased.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$185,000.
Low Sale
43
New Listings
$1,150,000.
High Sale
32
Listings Sold
JUST LISTED
Falkland BC Real Estate | 3333 Smith Road
Explore this real estate opportunity offerting ver 70 acres of land with a 4 bedroom 3 bat...
JUST SOLD
Vernon BC Real Estate | #16 269 Diamond Way
Check out this amazing 3 Bed 3 bath Predator Ridge Home....
COMING SOON
Rock Creek BC Real Estate | 5950 Crouse Creek FSR
Explore this Okanagan Off Grid Opportunity!...
ICYMI...
PICKS OF THE WEEK
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
NEW PRICES
Vernon BC Real Estate | 83 Peregrine Way #34
You are going to love the view from this 2 bedroom 2 bath lake view home with your own ac...
Vernon BC Real Estate | 2727 Lakeshore Road #104
Check out this 2 bedroom 1 bath manufactured home in Holiday Park, Okanagan Landing, Verno...
MAKING TRACKS
Gravel service road unsafe for hikers and bikers - Making Tracks
The series on introductory trails is on hiatus this week. Instead, this special column foc...
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
3
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
29
New Listings
23
Listings Sold
1
Price Up
16
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
4
New Listings
3
Listings Sold
0
Price Up
3
Price Down