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The HOLM Stretch | May 15th, 2026
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!
Is the market finally turning a corner? 👇
The market is in an interesting spot right now.
Prices are down year-over-year, but the decline is losing steam. The national benchmark price came in at $664,400 in March. That's 4.7% below last year, but the monthly drop was smaller than February's and about half of what we saw in January. Things are stabilizing.
A few other numbers worth knowing:
👉 There are about 167,500 homes listed nationally, up just 1% from a year ago and more than 10% below the long-term average. Inventory is tight.
👉 The Bank of Canada held its policy rate at 2.25% on April 29. The next decision is June 10. Rates are steady for now, though the Bank is keeping a close eye on energy prices.
👉 The market is balanced nationally, with a sales-to-new-listings ratio sitting at 48%.
The bottom line?
Demand is building under the surface. A lot of buyers, especially first-timers, have been waiting on the sidelines for years. Inventory isn't giving them many options. Sellers who price well aren't waiting long.
If you've been thinking about making a move, reply to this email and let's talk through what these numbers mean for your situation.
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 May 15 there are 1007 homes showing as active listings here in North Okanagan. On May 8 there were 973.
Sales ranged from $140,000. to $1,450,000. Days to sell ranged from 4 to 348. 5 listings expired, 20 were cancelled.
51 prices were reduced over the last week. 2 prices increased.
Scroll down for our market recap for Vernon, Armstrong, Coldstream & Enderby real estate activity in the last 7 days.
$140,000.
Low Sale
82
New Listings
$1,450,000.
High Sale
26
Listings Sold
JUST LISTED
Coldstream BC Real Estate | 811 Mt Ida Drive
Modern Coldstream BC home built around a private courtyard with inground pool. 4 bed, 4 ba...
Vernon BC Real Estate | 186 Stepping Stones Crescent
This Vernon BC real estate opportunity offers 3 bedrooms, 3 baths on a 2 acre parcel minu...
JUST SOLD
SOLD!! Vernon BC Real Estate | 4000A 30th Avenue
SOLD!! 5 Minutes to Downtown Vernon — Charming Character Home with In‑Law Suit...
SOLD!! Enderby BC Real Estate | 959 Enderby Mable Lake Road #11
SOLD!! 1 Bed… But Wait Until You See the Setting 👀...
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
What Zillow's estimate won't tell you
Most buyers are doing a lot of research before they ever reach out to an agent these days.
They've already pulled comparable sales, checked listing history, set up price alerts.
AI home search tools have made that early stage faster than it's ever been.
But there's a difference between what a tool can surface and what actually helps someone make a good decision.
NAR's 2025 research found that 85% of buyers still ranked their agent as the most useful source during the home search, ahead of any online portal.
We put together a breakdown of where these tools help, and where the gaps are.
If you're thinking about buying or selling this year, it's a quick read.
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How AI Is Changing the Home Search (And What It Still Can't Do)
AI tools have changed how buyers search for homes. Here's what they do well, what the...
IN AND AROUND OUR TOWNS
MAKING TRACKS
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
4
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
59
New Listings
20
Listings Sold
2
Price Up
33
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
7
New Listings
0
Listings Sold
0
Price Up
5
Price Down
Enderby BC Real Estate Recap
A look at Enderby /Grindrod BC market activity over the last 7 days
8
New Listings
3
Listings Sold
0
Price Up
6
Price Down