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The HOLM Stretch | August 8th, 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!
What’s happening with Canada’s housing market in 2025?
The latest forecast from CMHC just dropped—and if you’re wondering what’s in store for Canada’s real estate market this year, here’s the high-level view:
🏡 Home prices are expected to decline slightly in 2025 (about 2% on average), with larger drops in Ontario and B.C.
📉 Construction is slowing, especially in higher-cost markets where presale targets aren’t being met and developer confidence is low.
📊 Economic uncertainty (including trade tensions and higher unemployment) is weighing on demand, but recovery is expected to begin in 2026.
💼 Rents are still climbing—but at a slower pace—as new supply finally starts to ease pressure on the rental market.
💸 Mortgage rates are expected to remain relatively steady, with modest drops in 2025 and increases projected again by 2027.
So what does this mean for you?
If you’re a buyer: You may see more price flexibility this year—especially in markets like Toronto and Vancouver—but don’t expect a fire sale. Homes that are well-priced are still moving. And with variable-rate mortgages remaining attractive, it’s worth keeping an eye on your options.
If you’re a seller: Pricing strategy is critical right now. The days of multiple offers over asking are less common, and buyers are more cautious. But with the right approach—and strong marketing—homes are still selling.
If you’re not planning to move just yet: Keeping tabs on the market helps you stay informed about your equity, timing, and long-term plans.
Want to know how this plays out in your neighbourhood?
📬 Reach out and we’ll send you a local update based on your property and city.
We’re here if you need us.
Talk soon,
CHRIS, PATRIC, JULIE, JASMINE, KRISTI & BRELL
Scroll down for our regular real estate and community features.
In North Okanagan Real Estate
As of the morning of Friday August 8, there are 1118 homes showing as active listings here in North Okanagan. On August 1 , there were 1122 homes active.
Sales ranged from $87,500. to $2,475,,000. Days to sell ranged from 3 to 172. 17 listings expired, 19 were cancelled.
48 prices were reduced over the last week.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$87,500.
Low Sale
58
New Listings
$2,475,000.
High Sale
36
Listings Sold
JUST LISTED
Armstrong BC Real Estate | 2280 Nordstrom Avenue
Explore this 4 bedroom 3 bath Armstrong BC home....
Enderby BC Real Estate |48 Waterside road
Explore this home 4 bed 4 bath home on 4+ acres outside Enderby...
Falkland BC Real Estate | 2907 Gyp Road
Check out this 4 bedroom 3 bath home in Falkland, BC...
Vernon BC Real Estate | 269 Diamond Way #13
Live in Style (Resort Style) in this 3 bedroom, 3 bath home at Predator Ridge, Vernon, BC...
JUST SOLD
SOLD!! Armstrong BC Real Estate | 2320 Danallanko Drive
SOLD!! Be sure to check out this 4 bedroom 3 bath home in Armstrong BC...
SOLD!! Vernon BC Real Estate | 936 Mt. Ida Drive
SOLD!! Experience stunning panoramic views from this 5 bedroom 4 bath home on Middleton M...
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
Would you click on your own listing?
Let’s be honest—we all scroll past listings that just don’t look great. Buyers are doing the same.
If you're thinking of selling, your listing has to stop the scroll.
We put together a short guide that shows how to do exactly that.
CHECK IT OUT BELOW.
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The 10-Second Test: Can Your Listing Pass the Scroll?
Picture this: a buyer is thumbing through listings on their phone while waiting in line at...
Family Favourites
A Vernon-itinerary with just the right balance of adventure, activity, and relaxation will...
MAKING TRACKS
EXPLORING SUNSHINE COAST
Gibsons Seawall in Gibsons on the Sunshine Coast offers numerous panoramas of the Pacific Ocean as well as local scenery. It extends from the downtown to Armours Beach in the north end.
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
6
New Listings
5
Listings Sold
0
Price Up
7
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
40
New Listings
22
Listings Sold
0
Price Up
29
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
3
New Listings
6
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
0
Listings Sold
0
Price Up
3
Price Down