The HOLM Stretch | February 6th, 2026
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CREA’s latest update, plus what we’re watching next
Canada’s housing market ended 2025 with less momentum than many expected, and the latest national numbers help put that in context.
According to the Canadian Real Estate Association (CREA), national home sales fell 2.7% month over month in December. Total transactions for 2025 were 470,314, down 1.9% from 2024. CREA’s MLS Home Price Index was down 4% year over year in December, with some of the softer pricing concentrated in Ontario’s Greater Golden Horseshoe.
The bigger takeaway is not one month of data. It’s the overall shift in how deals are getting done. In the article, Ownright’s Joel Fox described this as a negotiation-first market. That matches what the numbers suggest. Buyers are taking more time, and sellers often need to compete on price, terms, or condition instead of assuming demand will do the work.
One area to watch in 2026 is condos and townhomes, where pricing has been under more pressure than detached homes in many markets.
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 February 6 there are 672 homes showing as active listings here in North Okanagan. On January 30 there were 665.
Sales ranged from $239,800. to $1,225,000. Days to sell ranged from 6 to 295. 17 listings expired, 112were cancelled.
23 prices were reduced over the last week.
Scroll down for our market recap for Vernon, Armstrong, Coldstream & Enderby real estate activity in the last 7 days.
$76,000.
Low Sale
58
New Listings
$2,100,000.
High Sale
21
Listings Sold
JUST LISTED
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 | 2444 York Avenue #8
SOLD!! Explore this 4 bedroom 3 bath Royal York Armstrong BC home....
SOLD!! Spallumcheen BC Real Estate | 1274 Mountain View Road
SOLD!! Check out this 3 bedroom 2 bath Spallumcheen home on 8.95 acres of land....
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
A quick read before you list
If two homes are listed in the same neighborhood and one sells immediately while the other sits, it’s tempting to blame “the market.”
Usually it’s more specific than that.
We put together a straightforward breakdown of what buyers react to quickly (and what makes them hesitate), so you can get a realistic sense of timing before you make any moves.
How Long Will My House Take to Sell?
How long will your house take to sell? Here are 6 real reasons some homes sell faster than...
IN AND AROUND TOWN
Eat & Drink
Vernon is a one-of-a kind town with a food scene to match. Our world-class chefs take the ...
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
4
New Listings
2
Listings Sold
0
Price Up
1
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
43
New Listings
14
Listings Sold
0
Price Up
19
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
3
New Listings
2
Listings Sold
0
Price Up
0
Price Down
Enderby BC Real Estate Recap
A look at Enderby /Grindrod BC market activity over the last 7 days
6
New Listings
2
Listings Sold
0
Price Up
1
Price Down



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