The HOLM Stretch | August 29th, 2025
Thanks for stopping by!
Could this be your window to buy?
For years, homeownership has felt out of reach in cities like Toronto and Vancouver. But according to new reports, that picture may be changing.
Condo prices are softer, interest rates are holding steady at 2.75%, and many experts are calling it one of the best environments for first-time buyers in years.
👉 Buyers finally have more negotiating power, more choice, and less pressure to rush into a decision.
👉 In Toronto, for under $600,000 you can find a solid one-bedroom condo. Step outside the core, and three-bedroom homes are hitting the same range.
👉 Across Canada, the average home price has dropped nearly $150,000 since early 2022.
That said, the story isn’t the same everywhere. Markets like Saskatchewan, Quebec, and Atlantic Canada remain tight, with prices still climbing. And experts caution that interest rates, job market pressures, and supply slowdowns could change conditions quickly.
So is now the moment? For some buyers, yes. For others, waiting and preparing over the next 6–9 months may make more sense.
Either way, the current market offers a rare window: time and flexibility to explore options without the frenzy of the past decade.
If you’re considering buying your first home—or just curious what’s possible—we’d be happy to walk you through your options.
Talk soon,
CHRIS, PATRIC, JULIE, JASMINE, KRISTI & BRELL
P.S. Want to see what you could afford in today’s market? Reach out with your budget and we’ll send you a list of properties that match.
Scroll down for our regular real estate and community features.
In North Okanagan Real Estate
As of the morning of Friday August 29, there are 1094 homes showing as active listings here in North Okanagan. On August 22, there were 1108 homes active.
Sales ranged from $74,000. to $1,450,000. Days to sell ranged from 1 to 418. 3 listings expired, 17 were cancelled.
46 prices were reduced over the last week. 2 prices increased.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$74,000.
Low Sale
48
New Listings
$1,450,000.
High Sale
43
Listings Sold
JUST LISTED
Armstrong BC Real Estate | 2447 Bradley Drive
Explore this new 2 bedroom 2 bath home in Rosemont, Armstrong, BC...
Armstrong BC Real Estate | 3780 Schubert Road # 127
Explore this 4 bed 4 bath home in Willowbrook Terrace, Armstrong, BC...
JUST SOLD
SOLD!! Vernon BC Real Estate | 4007 24th Street
SOLD!! Explore this 2 bedroom 2 bath home on a large lot flat lot in Vernon's Harwood...
SOLD!! Armstrong BC Real Estate | 3580 Warner Avenue
Sold!! Explore this custom 5 bedroom 4 bath Armstrong BC home....
ICYMI...
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WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
11
New Listings
2
Listings Sold
0
Price Up
6
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
27
New Listings
30
Listings Sold
1
Price Up
32
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
5
New Listings
1
Listings Sold
1
Price Up
1
Price Down
Enderby BC Real Estate Recap
A look at Enderby /Grindrod BC market activity over the last 7 days
0
New Listings
5
Listings Sold
0
Price Up
4
Price Down