While outside temperatures are soaring,not so for the summer real estate market locally and across Canada as consumers sit on the side lines as they adjust their spending amidst increased costs inclusive of high borrowing costs.
Stakeholder’s fingers are crossed for further interest rate reductions and we wait ...

Navigating New Residential Tenancy Regulations Effective July 18

On July 18th, important changes to the Residential Tenancy Act came into effect. These changes were introduced by the Provincial Government to protect residential tenants from landlords who end tenancies in bad faith. Currently, property owners (landlords) are required to give their ...

As we have previously reported last month, this year’s Spring market was a slow starter.  That being said 518, properties were listed in the month of June which was down just 3.36% from June of last year when we listed 536 homes.

Year-to-date however we have listed ...

Spring had begun to warm up the air and the real estate market as 483 properties were listed across the South Okanagan in the month of May. This is up 4.5% over May of last year.

Year to Date there have been 2233 new listing put on the MLS® ...

There is something special about spring. Perhaps it is because it is long anticipated during cold winter days and when it finally arrives it is like a breath of fresh air!

We are hoping that you are LOVING your Home now and invite you to join us and have a ...

You know Spring is here when the real estate market heats up!

There were 555 properties listed in the South Okanagan in April which is up 27% from April of last year. To date there have been 1752 new listings put on the MLS® System which is up 23% over ...

The BC Government has announced a new market intervention measure whichthey hope will assist with housing supply.

The government is proposing to add a tax to the proceeds of the sale if thehome is sold within two years of purchasing.

The government believes flippers are harming an overheated market.The ...

The BC Government has introduced theShort-Term Accommodations Act which is another market intervention implementedwith the intent to increase the housing supply.

In summary, the changes include:

• Limiting short-term rentals to the host’sprincipal residence plus one secondary suite or accessory dwelling unit (ADU)in most major BC communities (populations of 10 ...

At RE/MAX, we're always striving to make transitions smoother and journeys more rewarding. We love helping you find that perfect place and sort through all the details that follow. With our Spring Market arriving, we wanted to take a moment to share some invaluable insights on the moving ...

The love affair with real estate in the South Okanagan continued throughout the month of February. New listing inventory was up 32.57% across the region as sellers came out of hibernation listing 403 new properties this February which is a big increase from the 304 listed same month last ...