Posted December 29, 2011
News that affect your mortgage
2 Out of 3 Don’t Shop at Renewal…Read More
Posted December 14, 2011
Okanagan-Shuswap Housing Market Continues Normalization Trend
The Okanagan Mainline Real Estate Board (OMREB) reported November 2011 sales activity of all MLS® property types were up 9% over this time last year as the housing market continues to normalize, prices stabilize and inventory declines moving into winter and year end. Read More…
Posted November 8, 2011
Okanagan-Shuswap Housing Market Continues to Stabilize
Kelowna,BC – The Okanagan Mainline Real Estate Board (OMREB) reported October2011 sales activity of all MLS® property types remained similar to this time last year and were down slightly from the previous month(September 2011) as the housing market continues to stabilize.
Posted August 4, 2011
How much are you paying?
The national apartment market is getting more competitive as the vacancy rate lowers and rented apartments are getting harder to find. The falling vacancy rate is attributed in part to immigration and the stable rate of rental apartment completions while demand rises. The lowest vacancy rates were in Winnipeg and Regina at 0.7%, Quebec City at 1%, Toronto at 1.6%, and Kingston at 1.7%
If you find yourself in a bind looking for an apartment, your best bets are in Windsor, Kelowna/ Abbotsford, and Charlottetown who currently have the highest vacancy rates at 9.4%, 6.6%, and 4.9% respectively.
Concurrently, the average monthly rent crept up $14 in the past year. The highest rent rates belonged in Vancouver, Toronto, Ottawa-Gatineau, Calgary, Edmonton, and Victoria at $1181, $1124, $1056, $1040, $1029, and $1024 respectively. Vancouver...Read More
