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The HOLM Stretch | August 29th, 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...

Aug 28 5 minutes read

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

 

 

JUST SOLD

 

 

ICYMI...

WHAT'S HAPPENING?


       

What's Happening In & Around Vernon

WHAT ELSE WE ARE TALKING ABOUT

Its Armstrong's time to shine!

 

Want your home to feel better this summer?

You don’t need a reno to make home feel like a retreat. Just a few summer habits that make the whole space feel softer.

We put together a little guide full of the good stuff: lighting, scent, cold drinks, barefoot floors, and slowing down on purpose.

 

IN AND AROUND TOWN

 


NOM NOM


MAKING TRACKS

Trail Debate Not So Simple

The almost-completed north end of the Shuswap North Okanagan Rail Trail currently ends at the south end of Mara Lake, above. This 14-kilometre section has the best lake views of the proposed trail from Sicamous to Armstrong.

WEEKLY REAL ESTATE REPORT


Armstrong BC Real Estate Recap

A look at Armstrong Spallumcheen Market Activity for the last 7 days.

New Listings  Just Sold  Active Listings

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

New Listings  Just Sold  Active Listings

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

New Listings  Just Sold  Active Listings

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

New Listings  Just Sold  Active Listings

0

New Listings

5

Listings Sold

0

Price Up

4

Price Down

Whether a purchase or sale is in the future (near or far) or you just want to know what's going in real estate anywhere in the Okanagan Shuswap, we'd love to hear from you.

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