Real Estate News from the Blog

Real Estate News Brought to you by WATSON BROTHERS

Canadian home sales surge in December

Ottawa, ON, January 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA), show national home sales continued to climb in December 2017. Highlights: National home sales rose 4.5% from November to December. Actual (not seasonally adjusted) activity was up 4.1% year-over-year (y-o-y). The number of newly listed homes climbed 3.3% from… View More >

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Canadian home sales post solid gain in November

Ottawa, ON, December 14, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rose strongly in November 2017. Highlights: National home sales rose 3.9% from October to November. Actual (not seasonally adjusted) activity was up 2.6% from November 2016. The number of newly listed homes climbed 3.5%… View More >

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CREA Updates National Resale Housing Market Forecast

Ottawa, ON, December 14, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2017 and 2018. Housing market trends continue to diverge considerably among regions along four general themes: British Columbia; the Greater… View More >

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Canadian home sales edge up again in October

Ottawa, ON, November 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels recorded one year ago. Highlights: National home sales rose 0.9% from September to October. Actual (not seasonally adjusted) activity stood 4.3% below last… View More >

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The Canadian Real Estate Association names Michael Bourque as new Chief Executive Officer

Ottawa, ON (October 27, 2017) – The Canadian Real Estate Association (CREA) today announced that Michael Bourque has accepted the role of Chief Executive Officer (CEO), effective later this year. “On behalf of CREA’s Board of Directors, we are delighted Michael accepted the role of CEO,” said Andrew Peck, CREA President. “The real estate profession… View More >

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Canadian home sales edge up again in September

Ottawa, ON, October 13, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but remained down from levels recorded one year ago. Highlights: National home sales rose 2.1% from August to September. Actual (not seasonally adjusted) activity stood 11%… View More >

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Canadian home sales edge up in August

Ottawa, ON, September 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a small gain in August 2017. Highlights: National home sales rose 1.3% from July to August. Actual (not seasonally adjusted) activity stood 9.9% below last August’s level. The number of newly listed homes… View More >

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CREA Lowers National Resale Housing Market Forecast

Ottawa, ON, September 15, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2017 and 2018. Housing market trends continue to diverge considerably among regions along four general themes: British Columbia; the Greater… View More >

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Canadian home sales fall further in July

Ottawa, ON, August 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017. Highlights: National home sales fell 2.1% from June to July. Actual (not seasonally adjusted) activity in July stood 11.9% below last July’s level. The number of newly listed homes… View More >

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Canadian home sales drop again in June

Ottawa, ON, July 17, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales cooled further in June 2017. Highlights: National home sales dropped 6.7% from May to June. Actual (not seasonally adjusted) activity in June stood 11.4% below last June’s level. The number of newly listed homes… View More >

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WB’s STATS – Inventory starting to go UP!

CLICK TO WATCH VIDEO!  Ian and Barret discuss the Kelowna Real Estate Stats published on July 1st.  If you are looking to Buy or Sell, or just want to know what you home is worth and what is happening in your neighbourhood, give us a call and let's have a coffee! If...

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Canadian home sales drop sharply in May

Ottawa, ON, June 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a sizeable decline in May 2017. Highlights: National home sales dropped 6.2% from April to May. Actual (not seasonally adjusted) activity in May stood 1.6% below last May’s level. The number of newly… View More >

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CREA Updates Resale Housing Market Forecast

Ottawa, ON, June 15, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2017 and 2018. Housing market trends continue to diverge considerably among regions along four general themes: British Columbia, the Greater… View More >

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WB’s STATS – Rising Like the Lake!

CLICK TO WATCH VIDEO!  Ian and Barret discuss the Kelowna Real Estate Stats published on June 1st.  If you are looking to Buy or Sell, or just want to know what you home is worth and what is happening in your neighbourhood, give us a call and let's have a coffee! If...

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Canadian home sales drop in April

Ottawa, ON, May 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. Highlights: National home sales fell 1.7% from March to April. Actual (not seasonally adjusted) activity in April was down 7.5% from a year earlier. The number of newly listed homes… View More >

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WB’s STATS – Are Sales Really Dropping?

CLICK TO WATCH VIDEO!  Are Sales Really Dropping? *On Location: Kelowna Yacht Club* Ian and Barret discuss the Kelowna Real Estate Stats published on May 1st. If you are looking to Buy or Sell, or just want to know what your neighborhood is doing - give us a call and...

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Canadian home sales edge higher from February to March

Ottawa, ON, April 18, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017. Highlights: National home sales rose 1.1% from February to March. Actual (not seasonally adjusted) activity in March was up 6.6% from a year earlier. The… View More >

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STATS 2017 APRIL

* * NEW STATS * * On Location at Bliss Bakery, Downtown * * Watch our Market Update Video * * In this video, Barret and Ian review the Kelowna Real Estate Stats published on April 1st and discuss all that is happening in Single Family Homes, Townhomes and Apartments....

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Laura-Leah Shaw, REALTOR® from Vancouver, selected for national award celebrating wide range of philanthropic work

OTTAWA, March 27, 2017 – The Canadian REALTORS Care® Foundation has named Laura-Leah Shaw, of Vancouver, British Columbia, the recipient of its national award – the Canadian REALTORS Care® Award 2017 Proudly Presented by REM. Shaw, of RE/MAX Crest Realty Westside, was selected because of the multitude of charities and activist organizations she actively supports…. View More >

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STATS 2017 MARCH

* * NEW STATS * * MARCH 1, 2017If you are looking to Buy or Sell, or just want to know what your neighborhood is doing - give us a call and let's have a coffee!Our highest Compliment is a Referral from You! Call us for an Accurate Confidential Evaluation. 250-712-2222...

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Canadian home sales climb in February

Ottawa, ON, March 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017. Highlights: National home sales rose 5.2% from January to February. Actual (not seasonally adjusted) activity in February was down 2.6% from a year earlier. The… View More >

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CREA Updates and Extends Resale Housing Market Forecast

Ottawa, ON, March 15, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2017 and 2018. Canadian housing market trends continue to display considerable regional divergence. In British Columbia, activity in the Lower… View More >

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2016-17 Market Report and Forecast

Curious about the Real Estate Market? Want to get a picture of what's going on in other parts of British Columbia right now? 2016 was a very exciting year for real estate in British Columbia. Macdonald Realty's annual market report summarizes the key factors driving...

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Canadian home sales edge down from December to January

Ottawa, ON, February 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were down slightly in January 2017 on a month-over-month basis. Highlights: National home sales declined 1.3% from December 2016 to January 2017. Actual (not seasonally adjusted) activity in January was up 1.9% from a… View More >

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December 2016: A Year In Review Stats

2016 was a year of growth and activity for real estate in the Central Okanagan. The final numbers for 2016 are simply astonishing! We saw $1.1 billion more dollars come into the valley in 2016 compared to 2015. Sales of single family homes and townhouses where up...

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Canadian home sales up from November to December

Ottawa, ON, January 16, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in December 2016. Highlights: National home sales rose 2.2% from November to December. Actual (not seasonally adjusted) activity in December was down 5.0% from a year earlier. The… View More >

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Canadian home sales cool in November

Ottawa, ON, December 15, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were down on a month-over-month basis in November 2016. Highlights: National home sales fell 5.3% from October to November. Actual (not seasonally adjusted) activity remained 1.6% above levels in November 2015. The number of… View More >

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CREA Updates Resale Housing Forecast

Ottawa, ON, December 15, 2016 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2016 and 2017. Canadian housing market trends have evolved largely as expected since CREA last published its forecast in September…. View More >

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Canadian home sales rise in October

Ottawa, ON, November 15, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in October 2016. Highlights: National home sales rose 2.4% from September to October. Actual (not seasonally adjusted) activity was up 2.0% year-over-year (y-o-y) in October 2016. The number… View More >

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Canadian home sales edge up in September

Ottawa, ON, October 14, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales edged slightly higher in September 2016 compared to August. Highlights: National home sales edged up 0.8% from August to September. Actual (not seasonally adjusted) activity in September rose 4.2% year-over-year (y-o-y). The number of… View More >

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Canadian home sales decline further in August

Ottawa, ON, September 15, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined for a fourth consecutive month in August 2016. Highlights: National home sales fell 3.1% from July to August. Actual (not seasonally adjusted) activity came in 10.2% above August 2015. The number of newly… View More >

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SOLD | 2 Bed Condo – Minutes to UBCO

2 Bed 2 Bath Condo in Pinnacle Pointe at Quail Ridge. It steps out onto a private patio where a BBQ is allowed. Two generous beds and two full baths with an open style entertainer's kitchen facing the family room ensures a very usable floor plan with no wasted space....

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Deal of the Month November 2015

November Deal of the Month... WATSON BROTHERS' Deal of the Month Want to View?  Just give us a call at 250-712-2222 This Deal of the Month is all about a FORECLOSURE OPPORTUNITY! 3 bedrooms ~ 3 bathrooms ~ 2,137 Sq. Ft. The WATSON BROTHERS Deal of the Month is a...

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STATS 2015 NOVEMBER

This Remembrance Day, we will take time to Remember and be ever so grateful for everything that we have today! * * NEW STATS * * Here are the Kelowna Real Estate Stats that were published on November 1st.  We are always a call away and ready to discuss all that is...

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Deals n’ Stats October 2015

RESULTS from our PAST DEAL OF THE MONTH Videos: June Deal of the Month - 200 Drake Road - SOLD above LIST July Deal of the Month - #201-575 Doyle Ave - SOLD in a Week Here is our October Deal of the Month... Want to View?  Just give us a call at 250-712-2222 This Deal...

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STATS 2015 SEPTEMBER

* * NEW STATS * * What is .3 of a Point? In this video, Barret and Ian review the Kelowna Real Estate Stats that were published on September 1st and discuss all that is happening in Single Family Homes, Townhomes and Apartments. If you are looking to Buy or Sell, or...

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Deal of the Month July 2015

July Deal of the Month... WATSON BROTHERS' Deal of the Month Want to View?  Just give us a call at 250-712-2222 This Deal of the Month is all about '$$$ / sq. ft.' 2 bedrooms ~ 2 bathrooms ~ 1,300 Sq. Ft. ~  $169.15 / sq. ft. The WATSON BROTHERS deal of the month is a...

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STATS 2015 JULY

Ever Wonder Where Home Buyers Come From? Since September 2010, the Okanagan Mainline Real Estate Board (OMREB) has been collecting information from it's members with regards to where Home Buyers are coming from - both geographically and demographically.  The purpose...

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Deal of the Month June 2015

June Deal of the Month... WATSON BROTHERS' Deal of the Month Want to View?  Just give us a call at 250-712-2222 This Deal of the Month is all about an Acreage Opportunity!  5 bedrooms ~ 3 bathrooms ~ Detached Workshop Hobbyist’s Dream. Lots of parking and a detached...

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STATS 2015 JUNE

* * NEW STATS * * In this video, Barret and Ian review the Kelowna Real Estate Stats that were published on June 1st and discuss all that is happening in Single Family Homes, Townhomes and Apartments. If you are looking to Buy or Sell, or just want to know what your...

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Deal of the Month May 2015

May Deal of the Month... WATSON BROTHERS' Deal of the Month Want to View?  Just give us a call at 250-712-2222 This Deal of the Month is all about an Investor Opportunity!  2 bedrooms ~ 2 bathrooms This is a great condo alternative. No elevators or common areas to...

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STATS 2015 MAY

* * NEW STATS * * In this video, Barret and Ian review the Kelowna Real Estate Stats that were published on May 1st and discuss all that is happening in Single Family Homes,Townhomes and Apartments. If you are looking to Buy or Sell, or just want to know what your...

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STATS 2015 APRIL

SPRING IS HERE! * * NEW STATS * * Here are the Kelowna Real Estate Stats that were published on April 1st.  We are always a call away and ready to discuss all that is happening in Single Family Homes, Townhomes and Apartments. If you are looking to Buy or Sell, or...

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STATS 2015 MARCH

SPRING MARKET IS AHEAD! and SO IS THE TIME! Mar 8, 2015 - Daylight Saving Time Starts When local standard time is about to reach Sunday, March 8, 2015, 2:00:00 AM clocks are turned forward 1 hour to Sunday, March 8, 2015, 3:00:00 AM local daylight time instead Check...

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Deals n’ Stats February 2015

February Deal of the Month... WATSON BROTHERS' Deal of the Month Want to View?  Just give us a call at 250-712-2222 This Deal of the Month is all about Mission Springs! No need to renovate - it is all done! New Kitchen cabinets, counters, lighting, appliances, water...

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Deal of the Month January 2015

January Deal of the Month... WATSON BROTHERS' Deal of the Month Want to View?  Just give us a call at 250-712-2222 This Deal of the Month is all about Great Value in Glenmore!  Bright living room, adjoining dining area with built in cabinets. 3 bedrooms, 2 bathrooms,...

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STATS 2015 JANUARY

Happy New Year!* * NEW STATS * * Here are the Kelowna Real Estate Stats that were published on Jaunuary 1st.  We are always a call away and ready to discuss all that is happening in Single Family Homes, Townhomes and Apartments. If you are looking to Buy or Sell, or...

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Deal of the Month October 2014

Spook-tacular Deal of the Month... WATSON BROTHERS' Deal of the Month Want to View?  Just give us a call at 250-712-2222 This Deal of the Month is SPOOK-TACULAR!  And not only because it is so close to Halloween. The apartments in the Legacy are brand new, but with no...

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STATS 2014 OCTOBER

The Fall Market!    * * NEW STATS * *  Click on the Video below... In this video, Barret and Ian review the Kelowna Real Estate Stats that were published on October 1st and discuss all that is happening in Single Family Homes, Townhomes and Apartments. If you are...

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Deals n’ Stats September 2014

Back to School DEAL ... WATSON BROTHERS' Deal of the Month click here or on photo for video Give us a Call to set up your Free Market Evaluation Appointment at 250-712-2222! Back to School STATS ... Click on the Deal of the Month Logo. It will take you to our Website...

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STATS 2014 AUGUST

Summer Real Estate in Kelowna is Smoke'n Hot! If you are looking to Buy or Sell, or just want to know what your neighbourhood is doing, give us a call and let's have a coffee! Our highest Compliment is a Referral from You!  Call us for a free confidential evaluation....

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Deal of the Month July 2014

July's Hot Deal... WATSON BROTHERS' Deal of the Month click here or on photo for video Give us a Call to set up your Personal Viewing Appointment at 250-712-2222! Is this a Great Deal for You?  Are You... An Investor? run the numbers: 20% down will get you a 12%...

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STAS 2014 JULY

WHERE IS THE MARKET GOING? * * NEW STATS * * Click on the Video below... In this video, Barret and Ian review the Kelowna Real Estate Stats that were published on July 1st and discuss all that is happening in Single Family Homes, Townhomes and Apartments. If you are...

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STATS 2014 JUNE

Come and Join us For a Coffee...and check out the  NEW STATS Click on the photo below to WATCH the MAY STATS Video! Sales statistics are absolutely incredible, with more sales this month in every category than we have ever seen!  This has been a busy Spring...

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STATS 2014 MAY

SPRING MARKET IS HERE! Sales statistics for the first four months of 2014 indicate recovery is well underway with rising consumer demand and balanced conditions emerging. With prices remaining stable and record low interest rates still available, Buyers who have been...

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Deal of the Month May 2014

May's Hot Deal WATSON BROTHERS' Deal of the Month HOT! HOT! HOT! Three Side-by-Side Properties in the sought after Kelowna North Neighborhood... 1044 Cawston Avenue MLS®10081062 $340,000 1052 Cawston Avenue MLS®10081063 $335,000 1074 Cawston...

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STATS 2014 April

SPRING MARKET AHEAD! Moving into spring, we are hopeful that activity will pick up as the weather improves and buyers are spurred by the drop in long-term mortgage rates. Considering that all aspects favor buyers, now is the time to get into the market while there is...

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STATS 2014 March

WATSON BROTHERS' Neighborhood Market Watch Are you interested in what is happening in your neighborhood? Contact us and we will set you up on your very own Neighborhood Market Watch. Once a month you will get a list of your neighbor's houses complete with picture and...

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STATS 2014 February

Smooth Start for 2014 Housing Market! Sales activity of all MLS® property types was up 30% compared to the first month in 2013. Total active listings continue to trend downwards slowly moving towards more balanced market conditions. Home sales are forecast to rise...

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