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Market Updates

Central Okanagan Real Estate: What August Actually Looked Like

Posted on Sep 03, 2026 in Market Updates



August was a hard month here, and I want to say that plainly before getting into any numbers. Evacuations displaced families across the Interior, homes were lost, and for a lot of people, real estate was rightfully the last thing on their mind. If that was you or someone you love, my thoughts are with you first, numbers second.

Central Okanagan By T...

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Single-Family vs. Condo in Kelowna: Where the Real Growth Is Happening in 2026

Posted on Aug 31, 2026 in Market Updates

This is the question I get more than almost any other from buyers new to the Kelowna market: should I be looking at a house or a condo? The honest answer depends on what you're trying to accomplish, but the current numbers make the trade-offs a lot clearer than they were even a year ago.
The numbers, side by side
As of May 2026, the average single-fa...

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Where Rates Stand: September 2026

Posted on Aug 24, 2026 in Market Updates



The Bank of Canada held its policy rate at 2.25% on July 15, the sixth consecutive decision without a change, and the longest stretch of stability we’ve seen in a while. The next announcement lands September 2, and bond markets are pricing in a very high probability of another hold, with barely a 1% chance of a hike. Nothing is guaranteed until the...

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Why Kelowna's Housing Market Is Quietly One of Canada's Best Bets for 2026

Posted on Aug 24, 2026 in Market Updates

Every national headline about Canadian real estate this year has been about Toronto's oversupply or Vancouver's affordability crisis. Almost nobody outside BC is talking about Kelowna, and honestly, that suits a lot of buyers just fine. Here's what the data actually shows, and why I think that's about to change.

The market has stabilized, not collap...

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The BC Flip Tax Killed Fast Flips in Kelowna. Here's What Smart Investors Are Doing Instead.

Posted on Aug 17, 2026 in Market Updates



For years, a certain kind of Kelowna investor made good money buying a tired house, putting in a new kitchen and some paint, and reselling within six months. That playbook is mostly dead now, and if you're still running numbers as if it works, you're going to get a rude surprise from the CRA.

The tax, in plain English


Since January 1, 2025, BC's home...

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Kelowna's Short-Term Rental Rules Are Changing Again. Here's What It Means for You.

Posted on Aug 10, 2026 in Market Updates



If you own property in Kelowna, or you're thinking about buying one specifically for Airbnb income, pay attention to this one. Starting June 1, 2026, Kelowna became the only municipality in BC approved for both an opt-out and an accelerated timeline on the province's short-term rental restrictions. That's a big deal, and most owners I talk to still...

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