The HOLM Stretch | September 19th, 2025
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CREA says this fall could bring a bigger surge
CREA just reported the highest number of August home sales since 2021.
Over 40,000 properties changed hands last month, up nearly 2% year over year and marking the fifth straight monthly increase in sales activity.
Unlike earlier this year, the lift wasn’t led by Toronto. Sales actually dipped slightly in the GTA, but were up in Montreal, Vancouver, and Ottawa, offsetting the decline and pushing national numbers higher.
So what’s fueling the momentum?
CREA’s economist points to fresh fall listings hitting the market and the potential for a rate cut from the Bank of Canada this week. If that cut happens, as most analysts expect, it could be enough to pull even more buyers off the sidelines heading into October.
CREA’s price index held flat month over month, while the national average sale price rose 1.8% year over year to $664,078. Listings were also up nearly 9% compared to last August.
Bottom line: Conditions remain balanced, but momentum is building.
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 afternoon of Friday September 19, there are 1049 homes showing as active listings here in North Okanagan. On September 12th, there were 1057 homes active.
Sales ranged from $120,000. to $2,250,000. Days to sell ranged from 12 to 222. 22 listings expired, 23 were cancelled.
49 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.
$120,000.
Low Sale
72
New Listings
$2,250,000.
High Sale
45
Listings Sold
JUST LISTED
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...
JUST SOLD
SOLD!! Armstrong BC Real Estate | 2209 Rosedale Avenue
SOLD!! Explore this 3 bedroom 2 bath Armstrong BC opportunity....
COMING SOON
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
Offers are in. Don’t freak out.
Getting offers is exciting… and also a little overwhelming.
It can start to feel like things are happening to you. Everyone wants a fast answer. You’re second-guessing. Your agent’s calling. And suddenly you’re agreeing to stuff you didn’t even have time to think about.
This guide breaks down what sellers can actually control, from timelines to inspection asks to pricing, and how to stay grounded in the middle of it all.
It’s worth the read if you’re anywhere near this stage.
Negotiating from the Seller Side: What You Can Actually Control
Let's walk through the parts of the negotiation that are actually in your control, an...
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IN AND AROUND TOWN
Fall in Vernon: A Cozy Weekend Itinerary
Vernon in the fall is pure magic—crisp air, colourful landscapes, and endless cozy spots...
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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.
4
New Listings
4
Listings Sold
0
Price Up
2
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
51
New Listings
26
Listings Sold
0
Price Up
34
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
8
New Listings
5
Listings Sold
0
Price Up
8
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
0
Price Up
2
Price Down