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The HOLM Stretch | October 3rd, 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!
Bank of Canada rate cut sparks hope in housing market
Canada’s housing market has been sluggish for much of the past year, but there’s a fresh signal that activity could be picking up.
On September 17, the Bank of Canada lowered its key interest rate to 2.5%, the lowest in three years. That small drop is already starting to make an impact. National home sales inched up just over 1% in August, the fifth month in a row of modest gains, according to CREA. Average prices also rose nearly 2% year over year.
Why it matters:
- Lower borrowing costs are giving some buyers a little more room to act.
- Sellers who were struggling to get offers may find renewed interest.
It’s early days, but experts believe this rate cut could help establish a trend of recovery heading into fall. The big question is whether demand will keep pace with affordability challenges and supply constraints.
If you’re wondering how these changes could affect your own plans, whether that’s buying, selling, or just keeping an eye on the market, reach out and we’ll share a local perspective.
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 October 3, there are 1015 homes showing as active listings here in North Okanagan. On September 26th, there were 1041 homes active.
Sales ranged from $221,900. to $3,200,000. Days to sell ranged from 3 to 215. 37 listings expired, 23 were cancelled.
62 prices were reduced over the last week. 1 price increased.
Scroll down for our market recap for Vernon, Armstrong, Coldstream & Enderby real estate activity in the last 7 days.
$221,900.
Low Sale
60
New Listings
$3,200,000.
High Sale
28
Listings Sold
JUST LISTED
Spallumcheen BC Real Estate | 1951 Wolfgang Road
Explore this 4 bedroom 3 bath Spallumcheen home on just over 5 acres...
JUST SOLD
Armstrong BC Real Estate | 2675 Danallanko Drive
Check out this sure to go fast Armstrong real estate opportunity. 3 bed plus den 3 bath ho...
COMING SOON
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ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
Selling soon? Don’t make these mistakes
When sellers get ready to list, they usually strip a home down to basics. Think: clean, empty, neutral.
But sometimes that backfires. A little character, a mature tree, or even a scuffed wood floor can actually help buyers connect with a place.
We made a list of 7 things you should think twice about removing before you sell.
Think Twice: 7 Things Sellers Remove That Actually Help Homes Sell
When preparing a home for sale, most advice centers around neutralizing: decluttering, dep...
Thinking about putting your home on the market? Reach out and we can talk through a plan.
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IN AND AROUND TOWN
Eat & Drink
Vernon is a one-of-a kind town with a food scene to match. Our world-class chefs take the ...
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MAKING TRACKS
FRASER VALLEY TRAILS
Exploring the Chilliwack, Maple Ridge, Pitt Meadows countryside
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
10
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
39
New Listings
19
Listings Sold
1
Price Up
40
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
7
New Listings
2
Listings Sold
0
Price Up
2
Price Down
Enderby BC Real Estate Recap
A look at Enderby /Grindrod BC market activity over the last 7 days
5
New Listings
3
Listings Sold
0
Price Up
8
Price Down