This is the second week in a row we have seen over 140 sales. We have not seen this level of activity since December. There has been a total of 372 sales so far in June. It is a good time to get your home noticed, the lack of inventory means buyers have fewer choices which can mean multiple offers.... Yes, there are still multiple offers in this market and your home may sell for more than list price. Take 2417 Paramount Dr, West Kelowna for example, they listed at $759,900 an

Canadian Mortgage and Housing Corporation (CMHC) Canada's largest mortgage insurer is changing how buyers purchase a home. The new rule changes are making it tougher for people trying to qualify for a mortgage with less than 20% down effective July 1st. Good news there are two other mortgage insurers that are NOT following the same guidelines. There may be some ways around it, and additional questions to ask your mortgage specialist if you are looking at buying with less than

297 total Residential sales down 44% from last May of 527 sales, however, up 38% from April of 215 2,919 total listings down 15% from May 2019 of 3,396 and up from April of 2,704 May Average Days on Market was 80 which is up from 66 days in April 857 New Listings down from 1217 last May and up 590 in April. Single Family Residential Homes 148 Sales in May (down from 253 May 2019, up from106 sales in April) Current inventory at 1257 ( Down from last May'sinventory of 1542 but