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The HOLM Stretch | August 1st, 2025
Chris Holm & Associates
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
Thanks for stopping by!
Fixed rates are rising again—here’s what Canadian buyers should know:
If you’ve been waiting for mortgage rates to drop before making a move, here’s the latest:
📈 Fixed rates are ticking up again—by about 10 basis points over the past two weeks.
📉 One- and two-year terms are the exception—they’ve actually gotten a bit cheaper recently.
❌ But the bond market is betting against more rate cuts this year.
Translation? That low-rate window buyers were hoping for might not open anytime soon.
With inflation worries, market uncertainty, and a surprisingly strong economy, the Bank of Canada is under pressure to hold rates steady—not cut them. And that’s changing the math for both buyers and sellers.
So what can you do with this info?
If you’re buying, it might be worth locking in a short-term mortgage while one- and two-year deals are still low.
If you’re selling, expect buyers to be extra sensitive to affordability—and pricing strategy will matter more than ever.
Want to talk through your options? Whether you’re planning to move soon or just watching from the sidelines, we can help you make sense of what’s happening and how it affects you.
Just reach out if you’d like to chat.
Talk soon,
CHRIS, PATRIC, JULIE, JASMINE, KRISTI & BRELL
Scroll down for our regular real estate and community features.
P.S. If you’d like a custom breakdown of today’s rates or a home value update for your property, just hit reach out and let us know.
In North Okanagan Real Estate
As of the morning of Friday August 1, there are 1122 homes showing as active listings here in North Okanagan. On July 25, there were 1149 homes active.
Sales ranged from $233,000. to $1,389,000. Days to sell ranged from 12 to 294. 16 listings expired, 22 were cancelled.
66 prices were reduced over the last week. 1 price increased.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$233,000.
Low Sale
50
New Listings
$1,389,000.
High Sale
37
Listings Sold
COMING SOON
JUST SOLD
SOLD!! Spallumcheen BC Real Estate | 1618 Simons Road
SOLD!! Custom 3 bed 3 bath home in Spallumcheen on small acreage....
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
What your home style might say about you
Minimalist? Maximalist? Somewhere in between?
You don’t have to choose a label, but chances are, your space already reflects one.
And whether it’s calm and neutral or bold and layered, it tells people something about who you are.
We just shared a new blog post that looks at what your design preferences might reveal—and how it all plays into staging, hosting, and making an impression.
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Minimalist, Maximalist, or Somewhere In Between? Here’s What Your Home Style Says About You
Most people fall somewhere in the middle. A little tidy, a little chaotic. Some corners lo...
MAKING TRACKS
Exploring Whistler Trails
Whistler Mountain Bike Park is renowned for its machine-built flow trails so mountain bikers flock to the West Coast resort from all over the world to ride them.
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
3
New Listings
2
Listings Sold
0
Price Up
3
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
29
New Listings
26
Listings Sold
1
Price Up
47
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
4
New Listings
1
Listings Sold
0
Price Up
6
Price Down
Enderby BC Real Estate Recap
A look at Enderby /Grindrod BC market activity over the last 7 days
3
New Listings
4
Listings Sold
0
Price Up
4
Price Down