Real Estate
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Remorse: The top 5 reasons homeowners regret their purchase
Buying a new home is exciting, life-changing, a source of incredible pride — a dizzying and delightful milestone. But, it can also be stressful, angst-filled,…
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Price of 1-bedroom rental in Kelowna ticks back above $2,000 mark to match record high
It’s been a few months, but Kelowna is back in the $2,000-per-month rental club. Zumper, the online platform that lists apartments for rent and compiles…
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Most young British Columbians believe they’ll never own their own home
No wonder 86% of British Columbians aged 18-44 who aren't already homeowners have given up on the dream of homeownership. Home prices are stratospheric, downpayment requirements…
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Only 1 city has seen 1-bedroom rental prices increase more than Kelowna in the last year
Despite seven consecutive months of rent drops in Kelowna over the past year, the Central Okanagan city is still near the top of a list…
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Kelowna benchmark house prices manage to hang on at just over $1M
In a realm of fence-sitting and stagnant sales and prices, the benchmark selling price of a typical house in Kelowna stubbornly hovers just above the…
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Really!? Almost one-third of retired Canadians are still paying a mortgage
When you retire you're supposed to have it made, right? Money, house, cars, holidays, investments — a nice, cushy nest egg. Well, it looks like…
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Kelowna’s number of short-term rentals has plunged from 2,400 to 388
When all is said and done, the number of short-term rentals in Kelowna — the likes of which can be listed on Airbnb and Vrbo…
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Apartment rents inched up in April in Kelowna
One month does not a trend make. However, after seven consecutive months of rent drops in Kelowna, April saw a bit of a bump, according…
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Uncertainty is the new certainty in the Kelowna condo market
Uncertainty is not good for consumers or real estate. "And, uncertainty is the new normal," said Luke Turri, president of Mission Group, the developer behind…
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Despite all the uncertainty, Kelowna housing market is holding its own
Yes, there are tariffs, economic uncertainty, stalled wages, continued high mortgage interest rates, tough mortgage qualification rules and unaffordable prices. Yet, the Kelowna housing market…