The topic really is about how to protect yourself against inflation, it just didn't sound that catchy, but in a way, you are paying yourself. This is great and all, but what will the true cost of all this be besides an increase in taxes? I don't claim to be an expert, but I believe with all the printing of money that is going on in Canada and across the world we are set to experience strong inflationary pressures. The Government of Canada in the past has tried to maintain th
You see the homes come on the market, you see what they are listed for, then you see the sold sign go up but you not sure what it sold for.
Unless you talk to the sellers, have a realtor look for you, or view the sold's in my weekly email. There is a general rule of thumb which is the ratio of the list price to the sale price. But the economist side of me uses this statistic to offer insight into current market conditions and consumers' motivation.
A lower ratio, means pe
After taking sustaining a slowdown n April and May the housing market rebounded in June, beating out last year's sales for the same time period of 2018 by 9 sales. We are also experiencing low inventory, so what does that mean for the type of market are we currently in? You've likely heard the terms like "buyers market", "seller's market" or a "balanced market". How do we determine what market it is? We look at months of inventory to give us an idea of what type of market we
In support of local small businesses that are one of the majorly impacted businesses due to the lockdown and quarantine. I went out to create better awareness of local businesses with hopes more people support them in this time of difficulty. You can get out and enjoy farmers markets from Lake Country to Peachland each day of the weekend starting Friday to Sunday as well as Wednesday. This month I went down to the Kelowna Farmers Market where its a great place to get locally
495 total Residential sales in June, UP from June 2019 of 465. 3,104 total listings down 12% from June 2019 (3,502) and up from May of 2,917. May Average Days on Market was 70 which is down from 80 days in May 1053 New Listings very similar to last June of 1061 and up from 865 in May. Single Family Residential Homes 266 Sales in June (up from 227 May 2019, up from148 sales in May) Current inventory at 1325 ( Down from last Junes inventory of 1602 but up from May 2020 invento