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May 15, 2024
Listings Surge 2.8%: Canadian Housing Market Cools, Offering Buyer Advantage
Canada's housing market is shifting! Learn how a surge in listings (up 2.8% monthly) and stable prices are creating a more balanced market, potentially giving buyers an advantage. Discover what this means for you and contact Coldwell Banker Horizon Realty for expert guidance.
May 15, 2024
Canadian Housing Market Cools: Are You Ready to Buy as Sales Dip?
Canada's housing market is shifting! Sales are down and more properties are available, but is it a buyer's market yet? Learn how to navigate the changing market and find your dream home with Coldwell Banker Horizon Realty.
May 15, 2024
Housing Market Cooldown Offers Hope for Affordability, Rate Cuts: BMO
Canada's housing market is cooling down, offering opportunities for buyers! BMO's experts weigh in on how this slowdown might lead to increased affordability and even interest rate cuts. pen_spark
May 15, 2024
Pro Forma Analysis in Real Estate: A Comprehensive Guide for Real Estate Agents in Canada
Discover the importance of pro forma analysis in real estate and learn how to create and interpret pro forma statements. This guide for real estate agents in Canada, covers essential components, calculation methods, and advanced metrics to make informed investment decisions.
May 14, 2024
McKinley Gateway to Transform Kelowna's North-End with 671-Acre Development
Kelowna's north end is getting a major makeover! Unveiling McKinley Gateway, a new 671-acre development promising diverse housing, high-end shopping, parks, schools & more. Learn how this community will transform the area!
May 14, 2024
Is Kelowna a Safe Real Estate Investment? City's Financial Health Says Yes
Uncertain about investing in Kelowna real estate? The city's flourishing finances paint a promising picture! Discover how Kelowna's strong economy, low debt, and rising property values create a secure environment for real estate investment.
May 14, 2024
Escalation Clauses: A Strategic Tool for Winning Offers in a Competitive Market
Win your dream home in a competitive market! Learn how escalation clauses can strengthen your offer and navigate bidding wars strategically. Read our expert guide from Coldwell Banker Horizon Realty
May 14, 2024
Canadian Government to Increase Capital Gains Inclusion Rate to 66% from 50%
The Canadian Government's 2024 Federal Budget proposes a significant increase in the capital gains inclusion rate to 66% from the existing 50%, impacting investors and entrepreneurs.
May 14, 2024
B.C. Housing Targets: Most Municipalities Fall Short in First Six Months
Most B.C. municipalities fall short of new housing targets in the first six months. Kelowna's progress on reaching its target remains unclear. The Housing Supply Act is seen as a necessary step to address the housing crisis despite initial challenges.
May 14, 2024
National Recognition for The Watson Brothers
The Watson Brothers Team at Horizon Realty secures the #4 spot in GCI across Canada, showcasing their real estate excellence and legacy within Coldwell Banker.
May 13, 2024
Canada Building Permits Drop 12% Unexpectedly in March
Canadian building permits unexpectedly dropped in March, but what does this mean for the Kelowna real estate market? Coldwell Banker Horizon Realty dives into the national data and explores potential local impacts.
May 13, 2024
How to Do a Comparative Market Analysis (CMA) in Kelowna
Thinking of buying or selling a home in Kelowna, Canada? Get a free guide on how to conduct a Comparative Market Analysis (CMA) to estimate your property value. Learn about CMAs, how to find comparable properties, and the benefits of a professional CMA from Coldwell Banker Horizon Realty.
May 13, 2024
Loan-to-Value (LTV) Ratio: What It Is and How It Impacts Your Home Purchase
Buying a home in Kelowna? Understanding Loan-to-Value (LTV) is crucial! This guide explains how LTV impacts mortgage rates, down payments, and Kelowna's competitive market. Get tips for a favorable LTV and find your dream home!
May 13, 2024
Frustration Mounts Over Delays in Accessing Property Documents: REALTORS® Push for Change
Delays in obtaining property documents are frustrating BC residents and realtors. The AIR proposes solutions to modernize municipal property information access for a smoother real estate experience.
May 12, 2024
Strong Job Market in Canada May Delay Interest Rate Cuts, Impacting Real Estate
Canada's booming job market may delay interest rate cuts, impacting the real estate market. Coldwell Banker Horizon Realty explains what this means for buyers and sellers.
May 11, 2024
Renting vs. Buying in Canada in 2024: A Detailed Look
Is it better to rent or buy in Canada in 2024? Get the facts on rental and resale market trends, including forecasted rent growth and resale activity. Learn how interest rates and affordability will impact your decision.
May 11, 2024
Spring Sees Sellers Return, Buyers Staying Cautious: RBC
Canada's housing market sees cautious return of sellers in major cities. However, high interest rates continue to dampen buyer activity. Read for a breakdown of the national trends and RBC's forecast for interest rates and market recovery.
May 10, 2024
Bank of Canada Report Raises Concerns About Renters as Interest Rates Climb
Rising interest rates are putting a strain on Canadian renters, according to the Bank of Canada. The report highlights increasing credit card debt and potential rent hikes. This article explores the impact on renters and offers tips for managing finances in this challenging market.
May 10, 2024
Renting in Canada: Rents Up 9% Year-over-Year, Vancouver Still Most Expensive
Renting in Canada continues to climb, with average rents up 9.3% year-over-year. Get the latest rent prices by property type (apartments, condos, houses) and explore affordable provinces and cities.
May 10, 2024
Kelowna Rents on the Rise: Up 2.9% Year-over-Year
Kelowna rents climb at a moderate pace (2.9% YoY) compared to the national average. Explore average rents for 1 & 2-bedroom units, ranking vs other cities, and affordability tips!
May 10, 2024
New Canadian Policy Shakes Up Real Estate Industry: Transparency vs. Choice?
A new policy by the Canadian Real Estate Association (CREA) requiring most property listings on MLS is sparking controversy. While some see it as a win for transparency, others argue it restricts seller choice and competition. Read for a detailed analysis of the policy and its potential impact on the Canadian real estate market.
May 10, 2024
Okanagan Real Estate Market Overview April 2024
The detailed April 2024 overview of the Okanagan real estate market, including trends in Central and North Okanagan for buyers, sellers, and investors.
May 10, 2024
National Housing Sees 32% Correction While Eastern Canada Surges
The Canadian housing market is experiencing a geographical divide. Eastern Canada defies the national trend with ongoing growth, while other regions see corrections. Explore the reasons behind this phenomenon and get insights from Coldwell Banker Horizon Realty. pen_spark
May 10, 2024
Absorption Rate Analysis: What it is and How You Can Use It
Unsure of the Okanagan real estate market? The absorption rate can be your secret weapon! This guide explains what it is, how it's used, and how it empowers you to win for your clients.
May 9, 2024
Canada's $3 Trillion Commercial Debt Cliff: Strategies for Borrowers in a Rising Rate Environment
Facing commercial real estate debt maturity in Canada? Rising interest rates and a shifting market create challenges. Learn proactive strategies to navigate expiring loans, secure financing, and thrive in this dynamic environment.
May 9, 2024
50% of Mortgage Holders Could Face Renewal Shock as Rates Rise: BoC
Rising interest rates mean higher mortgage payments for Canadians. Learn how this could impact half of all mortgage holders facing renewals and what you can do to prepare. pen_spark
May 9, 2024
Is Canada's Booming Commercial Real Estate Market Facing a Slowdown?
Canada's commercial real estate market, particularly office space, is seeing a rise in vacancy rates. While this may cause concern, especially for investors, this article explores the risk exposure for Canadian banks and financial institutions.
May 8, 2024
Rents in Canada Expected to Stay High for Longer, Impacting Inflation Fight
Canadian renters face extended period of high rents as inflation persists. Learn why rents are rising and how this impacts the Bank of Canada's fight against inflation. Get tips for renters in this challenging market.
May 8, 2024
Kelowna City Council Approves Rezoning Applications to Develop 307 New Units
Kelowna City Council approves initial stages of rezoning for five developments expected to bring 307 new units, mostly rentals, to the city. Learn more about the projects and the approval process.
May 8, 2024
Kelowna Property Taxes To Increase By 4.76% in 2024 City Budget
Kelowna property taxes see a modest increase in the 2024 budget, alongside investments in infrastructure, public safety, and responsible growth. Learn how this budget impacts the real estate market and explore Kelowna homes with Coldwell Banker Horizon Realty.
May 8, 2024
Energy-Efficiency Programs Real Estate Agents Can Leverage to Help Clients Save Money
Help your clients slash energy bills with this guide to Canadian energy-efficiency programs. From national grants to provincial rebates, discover how to unlock savings and empower clients to live more sustainably.
May 8, 2024
5 Smart Programs To Maximize Savings: Pre-Purchase Your Way to Energy Efficiency
Discover how pre-purchase energy-efficiency upgrades can save money and enhance the value and comfort of your future home with our comprehensive guide.
May 7, 2024
Conquering Canada's REIT Landscape: Top Picks for 2024
Unleash your inner real estate mogul! This guide cracks the code on Canada's REIT market, revealing the top picks for 2024. Discover high-yielders, rock-solid performers, and industry leaders across residential, industrial, office, and more.
May 6, 2024
Building Construction Price Indexes: Q1 2024
Explore the trends in the Building Construction Price Indexes for Canada in Q1 2024, revealing moderate cost increases in residential and non-residential sectors.
May 6, 2024
50% Canadians Feel Low Confidence in Personal Finances Which May Impact Real Estate Market
Only 10% of Canadians feel financially secure. This record low confidence could impact the housing market. Learn how rising anxieties about finances and job security may affect buyer demand and housing prices.
May 5, 2024
Commercial Real Estate in Ontario and British Columbia: A Year in Review
Explore the changes in commercial real estate in Ontario and British Columbia in 2023, focusing on legislation, its impacts, and future predictions.
May 4, 2024
Paying it Forward: The Power of Consistent Giving
Discover the power of consistent giving and how it can transform lives. Learn how one real estate agent's charitable donations have made a ripple effect of kindness, inspiring others to pay it forward. Read the inspiring story and join the movement of giving back.
May 3, 2024
Canada's Housing Market in 2024: Buckle Up for a Bumpy Ride
CMHC's forecast for Canada's housing market in 2024, uncovering challenges and opportunities in this dynamic landscape.
May 3, 2024
BC Residents: Tax Break for Vacant Properties Under $400k
BC residents can benefit from a tax credit negating the vacant tax on properties valued under $400k. Learn eligibility and application details.
May 2, 2024
Canadian Housing Agency Predicts Rising Home Prices Despite Weak Economic Outlook
The Canadian Housing Agency forecasts a significant increase in home prices by 2026, despite a weak economic outlook. Learn more about the rising home prices and market contradictions.
May 2, 2024
60% Young Canadians Turning to Family for Help To Enter Housing Market: Statistics Canada
Canadians relying on parents to buy homes - StatsCanada. 60% young adults co-own with parents. Toronto & Vancouver highest rates.
May 2, 2024
One Time Kelowna Property Tax Relief Proposed for Some Owners
Proposed one-time Kelowna property tax relief for owners facing increased taxes after recent assessment updates.
May 2, 2024
Kelowna Growth Surpasses Projections: Certain Areas Hit 2040 Targets Early
Kelowna's urban development is surging past projections, with areas like Pandosy and Midtown reaching 2040 growth targets years in advance.
May 2, 2024
Peachland Council Considers 7.74% Property Tax Increase
The details and implications of Peachland's proposed 7.74% property tax increase for the 2024 Financial Plan, focusing on community development and budget allocation.
May 2, 2024
Okanagan Real Estate Market Cools as Listings Surge 34%: A Buyer's Market Emerges?
34% surge in listings might reshape the Okanagan real estate market into a potential buyer's market in April 2024.
May 2, 2024
Peachland Poised for Housing Changes: What You Need to Know
Peachland's housing is transforming under the new Homes for People Action Plan, read about impacts on zoning and real estate.
May 1, 2024
$2.5 Billion Wave of Real Estate Sales Incoming? Capital Gains Tax Increase Could Spark Market Activity
Capital Gains Tax Hike to Drive $2.5 Billion Real Estate Market Activity. Discover the expected changes, projected revenue impact, and market dynamics in this detailed report
May 1, 2024
Canada Announces Changes to Capital Gains Tax for Secondary Properties
The new changes to Canada's capital gains tax for secondary properties might affect your financial planning and real estate decisions.
April 30, 2024
Berkshire Hathaway's Real Estate Firm to Pay $250 Million in Settlement
Berkshire Hathaway’s HomeServices of America’s $250 million settlement could change the real estate industry, can increase transparency and potentially lower commissions.
April 30, 2024
1,000 Short-Term Rentals Might Exit the Central Kelowna Market
New regulations might transform Kelowna's short-term rental market starting May 1, 2024. Get insights into the shifts expected in Central Okanagan's STR landscape.
April 30, 2024
New Middle-Income Housing Coming to Downtown Kelowna
New middle-income housing is coming to downtown Kelowna, promising affordable living for residents through the BC Builds Program.
April 30, 2024
$811 Billion Net Outflow Reveals Shift in Canada's Investment Focus, Potential Impact on Real Estate
Canada's investment landscape is shifting with a staggering $811 billion net outflow, explore its potential impacts on the real estate market.
April 29, 2024
Canada's Housing Plan: Ambitious But Faces Challenges, Says TD
TD economists evaluate Canada's Housing Plan, recognizing its ambition to build 3.87 million new homes by 2031. While the plan anticipates significant building activity, TD highlights potential obstacles.
April 29, 2024
Ottawa Tightens CRA Screws: Investors Take Note
Kelowna real estate investors should note the enhanced CRA audit powers affecting tax filings. Ensure compliance and minimize risks during this tax season.
April 29, 2024
Federal Interest Expenses Up 43%: What Does it Mean for Canadian Real Estate?
43% hike in federal interest expenses might reshape the landscape of Canadian real estate. Understand the profound effects on property markets.
April 29, 2024
Even Top 1% Earners Under 34 Struggle to Afford Homes in Kelowna
Kelowna housing crisis! Top earners priced out. Coldwell Banker Realty offers solutions for young Canadians facing affordability struggles.
April 29, 2024
Unlock Your Financial Superpowers: A Realtor's Guide to Budgeting
Comprehensive guide on budgeting for realtors and unlock your financial superpowers today!
April 27, 2024
Bite into Bliss: A Local's Guide to the Kelowna Farmers' Market
Experience the vibrant Kelowna Farmers' Market! Discover fresh, local produce, handcrafted treasures, and a delightful community atmosphere.
April 27, 2024
Could Community Land Trusts Be the Key to Affordable Housing?
Community Land Trusts (CLTs) are emerging as a sustainable solution to Canada's housing affordability crisis, offering perpetual affordability and community control.
April 26, 2024
Even Top 5% Earners Struggle to Afford Homes in Canada
A recent analysis shows despite being in the top 5% of earners, many struggle to save for a down payment or secure a mortgage for a decent property.
April 26, 2024
The Right to Housing as a Human Right: Potential Impacts on Investors and Real Estate
Canada’s push to recognize housing as a human right could reshape investor strategies and the broader real estate market, emphasizing tenant rights and market stability.
April 25, 2024
Canadian Corporate $5 Billion Asset Sales Tax Expected to Impact Real Estate Market
Understand the reasons behind the anticipated surge in corporate asset sales and its potential impact on property prices in Kelowna and other regions.
April 25, 2024
76% of Canadians Struggle to Enter Housing Market: CIBC
76% of Canadians face affordability challenges, but 56% still dream of homeownership. Expert advice is sought amidst uncertainty. Learn more!
April 25, 2024
B.C. Real Estate Market Poised for Rebound by Year-End, Says BCREA
BC Real Estate Market set for a rebound by year-end according to BCREA, fueled by anticipated interest rate cuts.
April 25, 2024
Bank of Canada Weighs Impact of Immigration Policy on Housing and Inflation
Bank of Canada evaluates the impact of immigration policy on housing and inflation. Discover key insights into economic forecasts and policy decisions.
April 25, 2024
Penticton to Welcome New Innovation District: A Multi-Generational Development Project
Future of the Penticton Innovation District, a mixed-use development set to transform Penticton with homes, businesses, and sustainable living.
April 25, 2024
Potential Impact of Proposed U.S. Capital Gains Tax on Canadian Real Estate
The potential impacts of President Biden's proposed capital gains tax increase on Canadian real estate, marking the highest rate in U.S. history.
April 25, 2024
The Tax-Free First Home Savings Account (FHSA) in Detail
Tax-Free First Home Savings Account (FHSA) introduced in Canada's budget Explained in Detail, offering first-time homebuyers like those in Kelowna a significant boost toward owning their first home.
April 24, 2024
Equifax Canada Tests Including Rental Payments in Credit Scores
Equifax Canada's initiative to include rental payments in credit scores could transform mortgage qualification and rates for renters.
April 24, 2024
$2.45 Trillion Question: How Will Soaring Consumer Debt Impact Canadian Real Estate?
Complex relationship between Canada's soaring consumer debt and its impact on the real estate market, including potential market corrections and buyer opportunities.
April 24, 2024
Scotiabank's Perrault Sees Potential for Rate Cuts, Economic Rebound
Scotiabank's Chief Economist Jean-François Perrault predicts potential rate cuts and an economic rebound in Canada. Discover how these changes could impact your finances and investments.
April 24, 2024
Is the Era of Airbnb Coming to an End in Canada?
The evolving landscape of the Canadian hospitality industry, examining the interplay between Airbnbs and hotels and the factors influencing their coexistence.
April 24, 2024
Wealth Disparity in Canada: Homeowners Hold 91% of the Country's Wealth
The wealth disparity in Canada where homeowners hold 91% of the nation's wealth, highlighting the need for policy intervention.
April 24, 2024
Kelowna and West Kelowna Among 20 Communities on Provincial Housing Target List
Minister Kahlon recognizes the housing needs in high-growth areas like Kelowna and West Kelowna. The provincial government aims to collaborate with municipalities to address the housing crisis and increase affordable housing units.
April 24, 2024
B.C. Announces Increased Housing Targets for 20 Communities
Next set of priority communities in B.C. that will receive housing targets for the next five years. The Province is committed to building more homes in high-growth, high-need regions to address the housing crisis. Find out more.
April 24, 2024
Rising Homebuyer Confidence in Canada: Dreams vs. Reality
The surge in Canadian homebuyer confidence amidst challenges like inflation and saving hurdles in our detailed analysis of current housing market trends.
April 23, 2024
New Short Term Rental Rules in Kelowna - Effective May 1, 2024
Uncover the new short-term rental rules in Kelowna, effective from May 2024, impacting homeowners and investors alike.
April 23, 2024
New Short-Term Rental Rules in Peachland - Effective 1 May, 2024
Peachland’s existing short-term rental regulations and the impact of new provincial rules, effective May 2024.
April 23, 2024
City Council Approves Nearly 200 New Rental Units in Kelowna
Kelowna City Council approves nearly 200 new rental units, addressing the housing shortage. Discover the details of these eco-friendly, diverse housing options.
April 23, 2024
Historic Legislation Introduced Recognizing Haida Aboriginal Title
BC's historic recognition of Haida Nation's title to Haida Gwaii, signaling a landmark shift in Indigenous land rights.
April 23, 2024
BCREA Applauds Federal Budget's Housing Plan, Calls for Collaboration on Implementation
BCREA welcomes Budget 2024's housing affordability initiatives, including increased supply, homeownership support, and rental affordability measures. Collaboration and effective implementation are key for success.
April 23, 2024
North Kelowna: My Dog Jeff and I Explore, Eat Local, and Love Every Bite!
Explore the best dog-friendly dining spots in North Kelowna with your local realtor Trish and my dog Jeff, as we share our favorite culinary adventures.
April 22, 2024
192 New Rental Units Proposed in Kelowna
192 new rental units proposed in Kelowna, aiming to alleviate the city's housing shortage. Read about the developments and amenities offered.
April 22, 2024
A List Real Estate Regulators Across Canada
Confused by Canada's real estate regulations? We break down the key requirements for each province (BC, AB, SK, MB, ON, QC, NS) & Yukon Territory. Find out about licensing, dual agency, consumer protection & more!
April 22, 2024
Canada's Housing: Solutions from RBC Economics
RBC Economics' comprehensive strategies to tackle Canada's housing crisis, including boosting construction, zoning reforms, and optimizing existing housing.
April 20, 2024
Halal Mortgages: A New Opportunity for Muslim Canadians
Halal mortgages present a new opportunity for Muslim Canadians to engage in the housing market, aligned with Islamic financial principles.
April 20, 2024
Pre-Offer Home Inspection Tips for Kelowna Real Estate Buyers
Find out how a pre-offer home inspection can strengthen your real estate transaction and give you a negotiating edge in the home buying process.
April 19, 2024
6-Unit Infill Project Proposed Near Kelowna's Capri Centre
6-unit infill development near Kelowna's Capri Centre. Discover how this project is transforming local real estate and enhancing community living.
April 18, 2024
B.C. New Home Registrations Report March 2024
The latest trends from the B.C. New Home Registrations Report for March 2024, highlighting key movements in single-detached homes, multi-units, and the rental market.
April 18, 2024
BMO Pours Cold Water on Canada's Budget Housing Measures, Sees Relief in Immigration Slowdown
BMO's critical analysis of Canada's housing budget measures and how an immigration slowdown could truly affect market affordability.
April 18, 2024
Construction Worker Shortage Hinders Housing Supply Growth in Canada
Fixing Canada's construction worker shortage could be the key to solving the country's ongoing housing crisis and what measures could help bridge the gap.
April 18, 2024
Is Canada Losing Investor Confidence? What it Means for Real Estate
Dwindling investor confidence might be reshaping Canada's real estate landscape, featuring insights from recent economic reports.
April 17, 2024
$400 Million Boost for Housing Accelerator Fund Announced in Budget 2024
The new $400 million boost to the Canadian Housing Accelerator Fund in Budget 2024, aiming to tackle the housing crisis.
April 17, 2024
B.C. Construction Industry Faces Labor Shortage and Payment Delays
Ongoing challenges in the British Columbia construction industry, including labor shortages and payment delays, and the potential solutions.
April 17, 2024
Canada's 2024 Budget Plans to Cut 600,000 Temporary Residents to Boost Housing Affordability
Canada's 2024 budget aims to boost housing affordability by cutting 600,000 temporary residents. Learn about the effects on housing and labor markets.
April 17, 2024
Kick Up Your Fun in Kelowna: Join the Thriving Adult Soccer Community!
Join Kelowna's vibrant adult soccer leagues! Find your fit on the pitch and your dream home nearby with Watson Brothers Team!
April 17, 2024
Canada's 2024 Budget: A Breakdown for Home Buyers and Investors
Find the critical elements of Canada's 2024 Budget and its impact on home buyers and investors. The new policies shaping real estate opportunities.
April 16, 2024
Canadian Office Market Vacancy Hits Record High
The record-high vacancy rates in Canadian office real estate and the implications for businesses and investors. Discover trends and future insights.
April 16, 2024
Housing Starts Down 7% in March, But Major Cities Show Growth: CMHC
Get insights into Canada's housing market trends: month-to-month declines, year-over-year increases, and potential slowdown factors. Source: CMHC.
April 16, 2024
HELOC Minimum Payments in Canada Spike 87% in Two Years
The 87% spike in HELOC minimum payments in Canada affects homeowners and what you can do to manage the rising costs effectively.