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The HOLM Stretch | June 27, 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!
Most renters want to buy. So why are they still waiting?
54% of Canadian renters plan to buy a home in the future.
But despite improving conditions, most are still on the sidelines.
Here’s what the survey found:
🏠 28% of renters are actively working toward buying a home
📊16% plan to buy in the next 2 years
📊 21% plan to buy in the next 2 to 5 years
So what’s holding them back?
🔻 40% are waiting for prices to come down
💸 29% are holding out for lower interest rates
💰 28% are continuing to rent so they can save for a down payment
And even though affordability is still a challenge—especially in big cities—opportunity is growing. Home prices are down from last year’s highs, rates are easing, and incomes are up in many areas.
As Royal LePage’s CEO put it:
“The window of opportunity may be narrower than it appears, and strategic buyers are beginning to move.”
If you’re renting now and wondering whether to wait—or to make your move—we’d be happy to help you build a plan that fits your goals.
Just reach out and we’ll walk you through your options.
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 27, there are 1133 homes showing as active listings here in North Okanagan. On June 20 , there were 1120 homes active.
Sales ranged from $115,000. to $1,900,000. Days to sell ranged from 8 to 483. 3 listings expired, 23 were cancelled.
64 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.
$115,000.
Low Sale
75
New Listings
$1,900,000.
High Sale
37
Listings Sold
JUST LISTED
Vernon BC Real Estate | 4206 28th Avenue
FULL Duplex! Explore this 6 bedroom, 4 bath Vernon real estate opportunity...
Armstrong BC Real Estate | 2691 Rosedale Place
Explore this Armstrong duplex home 4 Bedrooms 2 baths total....
Armstrong BC Real Estate | 2260 Okanagan Street
Explore this 4 bedroom 3 bath Armstrong BC home....
#414 3901 32nd Avenue
Vernon Real Estate Opportunity. 3 bedroom 2 bath top floor apartment near downtown....
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
Stuck with a great rate (and a not-so-great fit)?
What if your home is costing you more than you think?Not just financially, but emotionally, mentally, physically.This guide walks through 3 smart questions to help you assess whether to stay or go—without just reacting to interest rates.
Stuck Between Moving and Staying? These 3 Questions Can Help You Decide
You locked in a low mortgage rate. But what if your home no longer fits your life? Before ...
| P.S. Want a no-pressure equity review? Just reach out we’ll send over a custom report based on your address. |
Beaches & Lakes
Fortuitously located at the epicenter of three of the most beautiful lakes in the region, ...
MAKING TRACKS
Trail 2000 from William R. Bennett Bridge to Peachland still a work in progress - Making Tracks
(Part of an ongoing series about the best trails to explore, city by city, regional distri...
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
10
New Listings
1
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
53
New Listings
21
Listings Sold
0
Price Up
47
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
7
New Listings
8
Listings Sold
0
Price Up
5
Price Down