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The HOLM Stretch | May 2, 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!
Spring surge? What’s happening in Canadian real estate
If you’ve been wondering what’s happening with the Canadian real estate market lately, here’s a quick snapshot:
👉 According to the latest numbers from CREA (March 2025), national home sales jumped over 11% month-over-month—the biggest gain we’ve seen in over a year. Prices are starting to edge higher too, with the national average home price up 2.4% compared to last spring.
👉 Mortgage rates are still higher than historic norms, but many economists (including the Bank of Canada’s April 2025 update) are predicting that we’ll see gradual rate cuts later this year—which could bring even more buyers back into the market.
👉 Inventory is improving slightly in many regions, but it’s still tight overall. Well-priced homes, especially in mid-size markets like Calgary and Halifax, are getting a lot of attention.
Bottom line?
The Canadian market is regaining momentum as we head into the summer, but affordability and competition remain major factors shaping the landscape.
If you’d like a quick overview of what’s happening specifically in your area, because real estate is really hyper local, feel free to reach out!
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 2, there are 971
homes showing as active listings here in North Okanagan. On April 25 there were 987 homes active.
Sales ranged from $91,000. to $1,540,000. Days to sell ranged from 4 to 404. 36 listings expired, 16 were cancelled.
54 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.
$91,000.
Low Sale
74
New Listings
$1,540,000.
High Sale
38
Listings Sold
JUST LISTED
Armstrong BC Real Estate | 2448 Bradley Drive
Come see this brand new 4 bedroom 4, bath home in Armstrong's Rosemont neighbourhood...
Spallumcheen BC Real Estate |1645 Simons Road
Explore this 3 bedroom 2 bath home on 2.6 acres in Spallumcheen, BC...
JUST SOLD
SOLD! Vernon BC Real Estate | 3506 38th Avenue #117
SOLD!! Check out this 3 bedroom 3 bath Vernon BC home in Alexis Park....
ICYMI...
OUR FAVES
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
Don't miss your launch window
Here’s something most sellers don’t know:
Your home gets the most attention in the first week on the market.
After that? The listing starts to feel stale.
Buyer interest drops. Your leverage shrinks. And price reductions may follow.
Redfin data shows that in March 2025, less than half of homes went under contract within 14 days—a major shift from the frenzied pace of prior years.
That’s why how you prep, price, and promote your home before day one matters more than ever.
Our latest blog post breaks down how to make your launch week count.
Why Your First Week on the Market Is the Most Important
You only get one chance to make a first impression. And in real estate, that chance lasts ...
The surprising secret to selling luxury homes faster in 2025
If you’re thinking about selling your home this year, don’t overlook the space right outside your back door.
In 2025, luxury buyers are prioritizing outdoor features more than ever—from resort-style pools to fully equipped outdoor kitchens.
We’ve rounded up the top backyard features that are turning heads (and closing deals).
If you want your home to stand out to today’s luxury buyers, this is what they’re looking for.
Dream Backyards of 2025: What Luxury Homebuyers Really Want
If you're thinking about making your backyard feel a little more like your own privat...
MAKING TRACKS
A wide variety of regional parks in the Central Okanagan - Making Tracks
(This is the third column in a new series detailing of the best trails to explore city by ...
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
12
New Listings
5
Listings Sold
0
Price Up
5
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
41
New Listings
27
Listings Sold
0
Price Up
36
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
6
New Listings
3
Listings Sold
0
Price Up
2
Price Down