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The HOLM Stretch | October 17th, 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!
Renewing Soon? Your Payment Might Go Up
If your mortgage is coming up for renewal this year or next, chances are your monthly payment will be going up.
According to the Bank of Canada, most homeowners renewing in 2025 or 2026 will see costs rise by 15% to 20%, and about 1 in 10 could face increases closer to 40%.
Even though rates have dipped slightly since last year, they’re still well above the lows many Canadians locked in back in 2020. And with the average mortgage payment now over $2,000, even a small increase can stretch the budget.
Here are a few ways to prepare:
- Run the numbers early. Use your lender’s calculator to see how much your payment could rise.
- Don’t accept your first renewal offer. Shop around—lenders are competing hard right now.
- Ask about extending your amortization if the numbers aren’t working.
- Set aside what you can. Even a small emergency fund can help ease the transition.
If you’re unsure what to expect or what your options are, a bit of early planning can go a long way.
Talk soon,
CHRIS, PATRIC, JULIE, JASMINE, KRISTI & BRELL
P.S. Reach out if you want to talk through your options or need help running the numbers. We’re happy to point you in the right direction.
Scroll down for our regular real estate and community features.
In North Okanagan Real Estate
As of the morning of Friday October 17th, there are 970 homes showing as active listings here in North Okanagan. On October 10th, there were 1001 homes active.
Sales ranged from $136,000. to $1,950,000. Days to sell ranged from 11 to 1,234. 10 listings expired, 21 were cancelled.
43 prices were reduced over the last week. 3 prices increased.
Scroll down for our market recap for Vernon, Armstrong, Coldstream & Enderby real estate activity in the last 7 days.
$135,000.
Low Sale
37
New Listings
$1,950,000.
High Sale
44
Listings Sold
JUST SOLD
SOLD!! Armstrong BC Real Estate | 2610 Colony Street
Sold!! Check out this great 2 bedroom 1 bath Armstrong BC home on level lot....
SOLD!! Armstrong BC Real Estate | 2447 Bradley Drive
SOLD!! Explore this new 2 bedroom 2 bath home in Rosemont, Armstrong, BC...
Armstrong BC Real Estate | 2451 Bradley Drive #102
Explore this brand new 4 bedroom 4 bath Armstrong home....
Spallumcheen BC Real Estate | 1768 Otter Lake Road
Country living never looked like this! Explore this remarkable real estate opportunity in ...
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
Cozy, climate-ready, and easier to live in
If you’re house hunting this fall, the homes getting saved and scheduled the fastest all have a few things in common:
They feel good to be in. They run smart. And they won’t make you second-guess the inspection.
We put together a quick guide to what buyers are loving right now.
Cozy, Smart & Climate-Ready: What Buyers Want in Fall 2025 (and What to Watch For)
If you are actively touring homes or preparing to, here are some things to notice as you m...
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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.
6
New Listings
8
Listings Sold
0
Price Up
6
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
23
New Listings
28
Listings Sold
1
Price Up
31
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
5
New Listings
3
Listings Sold
1
Price Up
1
Price Down
Enderby BC Real Estate Recap
A look at Enderby /Grindrod BC market activity over the last 7 days
2
New Listings
2
Listings Sold
1
Price Up
3
Price Down