A quarterly report with a focus on providing valuable insights into the local farm, acreage, and unique property market throughout the Central Okanagan.
Introduction We are very happy to announce a firm deal at 15870 Whiskey Cove Road in Lake Country. With a listing price of $7,500,000, this property went firm in under three weeks on the market. This sale represents the 2nd highest sale in our board across 2200+ sales this year, as well as the highest-priced […]
Discover the staggering amount of income B.C. residents are spending on rent, with insights from a Royal LePage report and the impact of new rental legislation. B.C. Residents Spending Eye-popping Amount of Income on Rent A sobering report from Royal LePage reveals the staggering amount of income Vancouver and B.C. residents are spending on rent. […]
Discover why housing costs in B.C. remain high despite a surge in construction activity, with insights into regional price trends and provincial efforts to boost supply. Construction Increases, but Housing Costs Remain High While construction activity is increasing in British Columbia, housing costs remain high, posing ongoing challenges for affordability. Surge in Building Permits In […]
Would-be Homebuyers Are Staying on the Sidelines in Canada: Here’s Why New data from the Canadian Real Estate Association (CREA) shows that home sales in May 2024 fell by 5.9% compared to a year ago. Typically, the spring and summer months see a boom in the Canadian real estate market. However, higher interest rates are […]
SOLD! 1448 Latta Road, Kelowna | Listed at $3,600,000 – Sold for $3,475,000 After 81 days on market, we are pleased to announce the sale of 1448 Latta Road, a 20.904 acre apple orchard in the Rutland North area of Kelowna. Mixed apple plantings with 5 different tenancies in place, bringing in $7,000+ in rental revenue per […]
Learn about BC’s Agricultural Land Rush and what Scott Marshall has to say on the topic in the latest issue of Orchard and Vine. Check out the article here!