Well, we all know that Vancouver has been on fire! Asian buyers coming in and buying lots of condos. In the Okanagan, we are not realizing that spin off. We tend to follow the trends of the big city yet, last...
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Archives for Stats
Lots of Lots in the South Okanagan
The great part of working in a large office is the knowledge you gain from experienced, helpful and friendly co-workers. I have said it before and I will say it again, many people believe we are in a "cut-throat industry"; but...
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March 2011 Stats
Here are the stats for Penticton obtained from the South Okanagan Real Estate Board. If one looks a little further in depth we find that single family homes year to date in comparison to last year units sold are down 36%. When...
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CMHC releases first quarter report.
The Canadian Mortgage Housing Association has recently released its first quarter report for this year.
Locally, the housing market has been fairly slow. CMHC states '"Measures recently announced for government-backed mortgage insurance will moderate housing starts activity. Some potential buyers will have...
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November Numbers
[caption id="attachment_976" align="alignleft" width="640" caption="November Statistics 2010"][/caption]
2011 Already!
Here is a quick flash back to November 2010's numbers.
19 sales in this cold month with 27 new listings showed that inventory slowed compared to last month and year. Having said that we still...
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