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The HOLM Stretch | June 20, 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!
Could this be the start of a housing market turnaround?
After six straight months of decline, Canadian home sales are finally showing signs of life.
According to the Canadian Real Estate Association, national home sales rose 3.6% from April to May—the first monthly gain since November.
Prices? They’ve mostly stabilized.
The national benchmark price dropped just 0.2% in May. And CREA’s economist put it this way: “One car doesn’t make a parade, but there’s a sense that the long-expected market turnaround may finally be taking shape.”
So what does that mean for you?
It means we could be entering a new phase of the market—one where activity begins to pick up again. And if that happens, today’s window of opportunity (less competition, more motivated sellers, some pricing leverage) may not stick around much longer.
If you’ve been waiting for a sign to get back into the market, this might be it.
Have questions about what’s happening locally or what your move could look like? Just reply to this email—we’d be happy to help.
P.S. The national average home price in May was $691,299—down just 1.8% from a year ago. In other words, prices aren’t free-falling. They’re finding their floor. If you’re waiting for a “bottom,” this may be as close as we get.
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 June 20, there are 1120 homes showing as active listings here in North Okanagan. On June 13 , there were 1130 homes active.
Sales ranged from $210,000. to $1,475,000. Days to sell ranged from 9 to 277. 4 listings expired, 21 were cancelled.
32 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.
$210,000.
Low Sale
50
New Listings
$1,475,000.
High Sale
25
Listings Sold
JUST LISTED
West Kelowna BC Real Estate | 3286 McRobbie Road
Explore this 3 bedrom 3 bath home in West Kelowna....
Vernon BC Real Estate | 7922 Okanagan Landing Road #401
2 bedroom 2 bath Lake View home in The Mandalay....
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
ALL ABOUT THE STATS
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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.
3
New Listings
0
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
37
New Listings
14
Listings Sold
0
Price Up
24
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
3
New Listings
4
Listings Sold
0
Price Up
3
Price Down