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The HOLM Stretch | October 9 , 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!
Canada’s housing market is moving in different directions
The September numbers are in. The biggest takeaway is that “the Canadian housing market” doesn’t really describe what’s going on anymore. Depending on where you live, the story is completely different. Even locally.
In the Greater Toronto Area, the tentative recovery that started in the spring has stalled. Home sales were down 9% from last September, and the benchmark price is down 4.7% year over year. The average selling price came in at just over $1 million. RBC Economics pointed to the renewed U.S.-Canada trade tensions and worries about long-term interest rates as the reasons buyers got more cautious.
There’s an important detail underneath that, though. New listings in the GTA were down 14.4% from a year ago. Fewer sellers are coming to market, which is helping keep the decline from getting worse.
Vancouver is a different story. Sales fell 8.4% in September, and RBC describes prices there as still firmly in correction. Active listings are close to a decade high, and RBC expects prices to keep easing through the end of the year and possibly into 2027.
In Montreal, inventory is up 20% from a year ago, with more sellers coming to market than at any point in six years. That’s slowing price growth after a strong run.
And then there’s Calgary, which has barely changed all year. Detached home sales actually rose 4.4% from last year with prices nearly flat. Condos are another story. Condo sales fell 14.3% and prices dropped 8.3%.
Rates are still the wild card. Fixed mortgage rates in Canada track bond yields, and yields have been climbing around the world this fall. The Bank of Canada’s next rate decision is October 28th.
A few things worth knowing:
👉 If you’re buying, softer markets like Vancouver and parts of Ontario give you time and room to negotiate. Conditions, closing dates, and price are all more open to discussion than they were a couple of years ago.
👉 If you’re selling, your local numbers matter far more than national headlines. A detached home in Calgary and a condo in Vancouver are facing completely different buyers right now, and your pricing should reflect what’s happening on your street, not across the country.
👉 If you’re staying put, it’s still worth knowing where your home’s value sits, especially if a mortgage renewal or a move is on the horizon in the next year or two.
The market isn’t moving as one anymore. That makes local knowledge more valuable than it’s been in a long time.
Curious what this means for your situation? Reach out and we’ll walk through it with you.
Talk soon,
CHRIS, PATRIC, JULIE, JASMINE, KRISTI & BRELL
P.S. Want to know how your neighbourhood is actually moving? Reply and we’ll put together a local market snapshot for you.
Scroll down for our regular real estate and community features.
In North Okanagan Real Estate
As of the morning of Friday October 9, there are 930 homes showing as active listings here in North Okanagan. October 2 there were 902.
Sales ranged from $269,000. to $1,3320,000. Days to sell ranged from 1 to 512. 9 listings expired, 13 were cancelled.
37 prices were reduced over the last week.
Scroll down for our market recap for Vernon, Armstrong, Coldstream & Enderby real estate activity in the last 7 days.
$269,000.
Low Sale
70
New Listings
$1,320,000.
High Sale
22
Listings Sold
JUST LISTED
Armstrong BC Real Estate | 3690 Sage Avenue
Six bedrooms over three floors on two-thirds of an acre in Armstrong, with schools, Memori...
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Armstrong BC Real Estate | 2467 Bradley Drive #102
3 bedrooms upstairs, an open main floor, and a finished one-bedroom legal suite downstairs...
JUST SOLD
SOLD Grindrod, BC Real Estate | 240 Grandview Bench Road
SOLD A 4-bed, 4-bath home on 5 acres in Grindrod, BC — vaulted ceilings, panoram...
ICYMI
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
If you’ve been waiting for prices to tell you something, September didn’t say much. What changed was time.
Single family sales were down 21% from last September, and homes took 94 days to sell, 27% longer than a year ago. Inventory dropped 22% over the same stretch, which is why the benchmark price held at $793,000, up 5.6%. Townhouses moved the same direction. Condos are the one to watch: inventory up 11%, a benchmark of $324,300, and 129 days on average to find a buyer.
Swipe through for all three property types. And if you’re trying to work out what a slower, tighter market means for your own timing, send us a message. That’s a conversation, not a pitch.
SEPTEMBER North Okanagan Real Estate Report 2026
Your SEPTEMBER 2026 real estate update inclusive of year-over-year sales stats, current be...
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.
7
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
54
New Listings
16
Listings Sold
0
Price Up
22
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
5
New Listings
1
Listings Sold
0
Price Up
3
Price Down
Enderby BC Real Estate Recap
A look at Enderby /Grindrod BC market activity over the last 7 days
1
New Listings
2
Listings Sold
0
Price Up
6
Price Down
You'll get a person, not a phone tree.
| Chris Holm Personal Real Estate Corp. 250.309.0039 | Patric Tremblay Realtor® 250.306.4690 | Julie Lutz Realtor® 250.241.3114 | Jasmine Hall Realtor® 604.818.4597 | Kristi Boe Office Manager |
