The HOLM Stretch | September 11, 2026
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The Bank of Canada held steady. What happens next?
The Bank of Canada kept its policy rate at 2.25% on September 2. For anyone buying a home or renewing a mortgage this fall, there’s a little more to the story.
The Bank’s rate influences lenders’ prime rates, which affect variable mortgages. Fixed mortgage offers follow government bond yields more closely, and the Bank reported that long-term yields have risen, including in here Canada. That leaves room for new fixed mortgage offers to change even while the policy rate stays put.
Already have a fixed mortgage? Your rate stays set for the rest of your current term. Shopping for a home or approaching renewal? Ask your lender or mortgage broker for an updated quote, including the monthly payment and how long the offer is valid.
And if your plans involve selling one home and buying another, we’re happy to help with the real estate side. We can review recent sales in your neighbourhood, estimate your selling proceeds, and explore homes that fit your budget.
Reach out and tell us what you have in mind.
You don’t need to have everything figured out before we talk.
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 September 11 there are 940 homes showing as active listings here in North Okanagan. September 4 there were 953.
Sales ranged from $220,000. to $1,999,000. Days to sell ranged from 5 to 233. 10 listings expired, 18 were cancelled.
42 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.
$220,000.
Low Sale
53
New Listings
$1,999,000.
High Sale
38
Listings Sold
JUST LISTED
Armstrong BC Real Estate | 3925 Highland Park Crescent
A nicely updated 2-bed, 2-bath split-level on a walkable Highland Park street in Armstrong...
JUST SOLD
SOLD!! Armstrong BC Real Estate | 4160 Noble Road
SOLD!! Explore this incredible small acreage home moments from downtown Armstrong....
ICYMI
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
The keys are almost yours. What’s left to check? 🔑
You’ve toured the home, read the inspection report, negotiated repairs, and signed more paperwork than you care to count. Now the keys are almost yours.
If you’ve already had an inspection, what are you checking this time?
Your inspection gave you a detailed look at the home earlier in the process. During the final walk-through, you’ll see the home after the seller has moved out, review the repairs and included items in your agreement, and look for anything that has changed since your last visit.
Our latest blog will help you prepare for that final visit before the keys are yours.
The Final Walk-Through: What Buyers Should Check Before Getting the Keys
Getting close to closing day? Here's what buyers should review during the final walk-...
IN AND AROUND OUR TOWNS
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
6
New Listings
5
Listings Sold
0
Price Up
1
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
39
New Listings
22
Listings Sold
1
Price Up
35
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
2
New Listings
5
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
2
New Listings
3
Listings Sold
0
Price Up
1
Price Down

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