VERNON & AREA
Armstrong Enderby Lumby
This listing is proudly presented by
Chrysta Cleverley Beautifully unique home with quality finishings in the Foothills. Enjoy the convenient location and sweeping city & lake views. Call 250-309-1296 or visit www.chrystacleverley.remax.ca
Issue 24 • Dec 10 - Dec 23, 2017
Robin Baycroft*
Greg Barteluk RE/MAX Vernon
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Murray Bennetto
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Vernon (Silver Star Office)
908 George St Box 188 2095 Shuswap Ave 5603 27 Street 108-152 Silver Lode Lane Enderby, BC V0E 1V0 Lumby, BC V0E 2G0 Vernon, BC V1T 8Z5 V1B 3W9 250.547.9266 250.549.4161 250.838.0025 250.549.4161
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4
J&J Real Estate Associates
1011 Foothills Court, Vernon
Jen Sellar Cover Feature MLS 10145789
Chrysta Cleverley
Jayme McKillop
250.307.8137 jayme@jjsellrealestate.com
250.309.3439 jen@jjsellrealestate.com
The OAKS Luxury Townhome Development
$689,000
71 Sugar Lake Road, Cherryville
Personal Real Estate Corporation
250-309-1296
Lot MLS 10137133
PROMO Pricing starting at $424,900 incl. GST!
$255,000
N
Lot 91 Anglemont Way, Anglemont
NOW SELLING Phase 4
Phase 2 & 3
Phase 1
CALL/TEXT US TODAY FOR MORE INFO!
NOW SELLING
Lot
Vernon
MLS 10131257
Kalamalka
$20,900
PHASE 4 NOW SELLING
· 2 floor plans to choose from · 3 interior design options · Central Air (A/C) · Attached double garage · High quality finishings MLS® 10143137 & 10143090
Okanagan
6600 Okanagan Avenue
Vernon
O: 250-549-4161 C: 250-938-2604 doncowan@remax.net
250-540-1323 Residential - Commercial Thermal Imaging at no Fee with every Inspection
Don Cowan W 00 NE 9,9 1 $4
Rex Rainsforth, MEd, AHI rex_insp@telus.net
00
,9 80
$1
okanaganhomeinspections.ca
Vernon
#107- 3506 38 Avenue Great Bare Land Strata unit in Park Avenue Estates. Rancher with walkout basement. 1 bedroom and den on the main, 2nd bedroom down, 3 baths, double garage. Low strata fees of $175 per month. Very well maintained complex with low turnover. MLS# 10146017 #210-4305 Bellevue Drive Great for investors or first time buyers! 2 bdrm, 2 bath condo in Lakeview Terrace. Recently upgraded and includes newer carpets and entry flooring, repainted or replaced doors and more. This is an end unit on the quiet side of the complex, and has a lake view. Priced for action at $180,900. Contact me for an informed showing. MLS# 10140000
With over 30 years selling Real Estate in Vernon, I know the market.
Contact me for your free no obligation Market Evaluation.
YOURREALESTATEPAGES.COM | 5
John Kristian
Brandy De Bartolo
Personal Real Estate Corporation
Personal Real Estate Corporation
250.549.4161 John@johnkristian.ca JohnKristian.ca
250.558.8839 brandy@okanagansavvy.com OkanaganSavvy.com
A special thank you to those who have donated to our 40thannual Realtor® food drive. W NE
3355 Becker Street, Armstrong
4208 34 Street, Vernon
Perfect starter, investment or small family home in the heart of Armstrong. 2 bdrms & full bthrm. Fully fenced backyard.
Walking distance to schools, shopping, & on bus routes. Ideal starter home w/ 3 bdrms 2 baths up & basement suite.
MLS®10146033 $329,000
MLS®10141803 $329,000
LD SO
928 34 Avenue, Vernon
2350 Danallanko Drive, Armstrong
Show Home in the prestigious Royal Oak Subdivision. You will be amazed by the great care & attention to detail!
Extensively renovated inside and out this 5 bedroom, 3 bathroom home in quiet area. Just move in & enjoy!
MLS®10127964 $865,000
MLS®10141548 $479,900
#103 - 2500 53 Ave, Vernon Great Commercial Space, located in a high traffic area. Approx. 1000 sqft of Retail Space. 3 Parking Stalls.
MLS®10142911 $289,000
Foothills Listings LD SO
LD SO
LD SO
7056 Nakiska Drive, Foothills
314 Baldy Place, Vernon
7185 Apex Drive, Vernon
A 3200+ sqft, 4 bdrm level entry family home w/ 1 bdrm suite & walkout basement. Private, fenced backyard.
Large view lot in the prestigious foothills. Zoned for legal suite, build your dream home & have a mortgage helper!
Contemporary new home w/ stunning valley, mountain & lake views! Custom built in the prestigious foothills of vernon.
MLS®10143469 $589,000
MLS®10142785 $239,000
MLS®10142114 $764,900
"Maybe Christmas," the Grinch thought, "doesn't come from a store. What if Chrismas, perhaps,
means a little bit more?" - Dr. Seuss
For more information please visit JohnKristian.ca or OkanaganSavvy.com
Vernon
6
Shane McMorran
Lumby
Each office is independently owned and operated
0
,90
9 37
$
Bright 3 bdrm, 1 bath home with a lovely yard. Fenced back yard with room for all your toys. Many upgrades. Superb location within a block of both the Elementary & High schools, the park, swimming pool, and ice rink. property is zoned R2. MLS®10141649
00
9,9
6 $6
Personal Real Estate Corporation
Cell: 250.938.4000 shane@teammcmorran.ca teammcmorran.ca
Vernon
180 Procter Road, Lumby This lovely Chalet style home boasts 4 spacious bdrms & 3 baths. The U-shaped kitchen has plenty of solid wood cabinets, a new oven & a counter top stove. There is also a large pantry to store all your goods. The open concept living room/ dining room is perfect for entertaining and family get togethers. MLS®10119298
00
5,0
4 $7
2246 Shuswap Avenue, Lumby
2980,2996 Mabel Lake Rd, Lumby 3 titles all for sale for 1 price. Just over 224 acres. Approx. 85 acres of hayland & a rock bluff with a couple of building sites with beautiful views. Approx. 1/2 mile of river front with some sandy beach. This would make a lovely farm or a group recreation purchase. MLS®10134223
2095 Shuswap Avenue www.lumbyrealestate.net
1 888 547 9266 Toll free 1 250 547 9234 Fax
Darline Scott 250-558-8112
#1312-7343 Okanagan Landing Rd.
$369,000
mls#10143823
Just unpack your clothes and move in! Everything is included in this very appealing west-facing TOP FLOOR 2 bed, 2 bath unit. Fully furnished. Enjoy the hot tub, pool and beach! GST paid. Boat slip available.
I have a buyer looking for
8630 Okanagan Landing Rd. mls#10135622
Stunning, estate sized 9.3 acres above Okanagan Lake with spectacular panoramic views from a variety of building sites. Close to lake access, boat launch, and Yacht Club.
Family home in Bella Vista or Ok Landing
e-Editions available online YourRealEstatePages.com
@REPVernon
$899,000
Vernon Real Estate Pages
e!
Call m
YOURREALESTATEPAGES.COM | 7
Looking at Silver Star Mountain? #106 - 30 Monashee Road, Vernon
www.your5starteam.com Close to Village Center
Offered at $634,900
1200 sqft
DESIGNING EACH KITCHEN TO SUIT EVERY UNIQUE CLIENT.
Tammy Stein REALTOR®
P. 250.549.4161 C. 250.306.9974 TF. 1.800.667.2040 tammy@your5starteam.com
Vernon
BENNETTO & ASSOCIATES www.bennetto.ca
Murray Bennetto REALTOR®
MEET OUR QUALIFIED DESIGNERS COMPUTER GENERATED 3-D DRAWINGS
Since 1972, Westwood has been creating fine cabinetry that provides a truly custom look without the premium price. From our extremely broad selection, customers choose the combination of style, materials and finish that fits their lifestyle. Once chosen we apply our well honed skills to craft cabinets that can be valued for life.
P. 250.549.4161 C. 250.309.0289 TF. 1.800.667.2040 cliff@your5starteam.com
Beautiful Condo at ground level w/ its own outside entrance for easy come and go freedom. Great for families, 3bdrm 2Bth, Private Hot Tub. This spectacular corner unit is fully furnished, gas f/p, granite counter tops, privacy cover over windows and has its own BBQ. Enjoy Mountain living/vacationing or reap the benefits as a revenue property. Close to Village center, Tube Town, skating pond and bowling. Owners will consider all reasonable offers. MLS 10139725
READY TO START THAT KITCHEN PROJECT? We are here to help from start to finish!
Cliff Wenger REALTOR®
STATE-OF-THE-ART PRODUCTION FACTORY TRAINED, EXPERIENCED INSTALLERS
GOLD TOMMY
AWARD-WINNING 250.558.1030 • 4308 29th Street KITCHENS! www.westwoodfinecabinetry.com
250.306.6476
Ne
w
Vernon
Larry Bennetto REALTOR® 250.308.6025
9308 Meadow Road, Coldstream Meticulously maintained 4 bedroom home on popular no-through Meadow Road. Hardwood floors, lovely kitchen, lots of parking, including RV. Large, open laundry room area. Spend hours on the spacious, private deck/patio admiring the park-like yard and velvet lawn. Gorgeous, large garden area. Kalamalka Provincial Park very close by. Enjoy the semi-rural atmosphere!! Sellers are motivated. Quick possession!
MLS® 10145885 - $500,000 9060 Varsity Drive, Coldstream Location, Location, Location! 3 doors down from Okanagan College - perfect for a rental basement suite, already plumbed. Close to Kal Beach and the Vernon Jubilee Hospital plus a relaxing Coldstream and Kalamalka Lake view. If you like to run, hike or bike it is minutes away from the new sports track and the new rail trail. There are two bedrooms and two bathrooms on the main floor. Deck with lake view.
MLS® 10143766 - $486,900
DonKassa
REALTOR ® SERVICES Over 45 years of combined experience
Don Kassa (left) REALTOR®
Ryan Danchuk (middle) REALTOR®
Tracie Gobelle (right) Administrator
250.549.4161
DonKassa.com donkassa@donkassa.com
Vernon
Take a look at this Silver Star Mountain Resort 5 bedrooom, 4 bathroom family home with a separate self contained one bedroom suite over the double garage. There is a large, covered hot tub deck. The suite offers a private entrance, full kitchen, electric fireplace, stacking washer/ dryer, and built-in vacuum. Wood/electric forced air furnace. Ongoing renovations, complete roof & drain replacement. new countertops are now in kitchen, new electric fireplace is now in living room. MLS#10133068
Enjoy Silver Star ski slope and Monashee Mountain views from this fully furnished and luxuriously appointed, top floor, corner unit in Snowbird Lodge. Bright 3 bedroom, 2 bath condo. Spacious, private deck with fabulous views and hot tub gazebo. Insuite laundry. Welcoming lobby/service desk, adult lounge with Kitchenette, children's lounge, theatre room, fitness room, secure underground parking. Established rental system makes this an excellent investment or your private vacation of full time residence! MLS#10095939
Premium ski-in, ski-out location in The Ridge on Silver Star Mountain Resort. This is one of the largest homes in The Ridge, built for comfort and the ultimate Okanagan ski experience. Ski home offers a great layout for entertaining your family & friends. Elegant living area with soaring ceilings & walls of windows to take in your view of the Monashee Mountains. 3 Covered decks with glass railings & private hot tub. Heated slate floor, boot dryer and sauna. MLS#10125673
Exceptional views from this Victorian themed half duplex on The Ridge at Silver Star Mountain Resort. Ski-way out the back door! 4 Bedroom, 4.5 bath home features premium finishing throughout, two river rock fireplaces, hardwood flooring, 4 zone sound system, central vacuum, heat pump with a/c (rare), in-floor electric heat, security. The lower level has a family room + separate media room wired for 7.1 surround sound, a bedroom, full bath & access to the hot tub deck. New home warranty still in place. MLS#10126862
615 Monashee Road
SOLD
9987 Cathedral Drive
$1,190,000 Havencrest at Predator Ridge Golf Resort, a rare vacant lot in a designed development close to Sparkling Hill Resort. The GST is paid and a Homeowners Golf membership is included. Transfer fees payable on the golf membership. Havencrest features an emphasis on natural materials and colors to blend in with the setting. The design guidelines are Okanagan Modern with an emphasis on large expanses of glass, low form roofs and natural building materials. Snowplowing costs will be shared between the two lots on this lane. MLS#10137123
Beautifully renovated 3 bedroom, 2 bath unit on the second floor in Lord Aberdeen Hotel. Excellent location in the heart of the Village at Silver Star Mountain Resort. Great ski-in, skiout access. Prime Village views from the living room, master bedroom and deck. New Kitchen with granite counter tops. Cork and tile floors in the main areas, carpeting in the bedrooms, solid core wood doors. Any rentals must go through Silver Star Mountain Resort. All pre-existing guest bookings must be honoured by Buyers. MLS#10084261
Renovated 1 bedroom + alcove with incredible ski access and views of the slopes. Located in the historic Pinnacles building, unit has lots of character with A-frame type ceilings and windows. Lots of upgrades, sleeps 6-8 guests, patio with hot tub. All pre-existing guest bookings must be honoured by Buyers. MLS#10123833
Quick Possession! East Hill - A 4 level front to back split level home with 4 bedrooms, a family room, and a play area. 2.5 baths, double garage, and a private rear yard. Roof was replaced less than 5 years ago. Wood, carpet, and tile look lino floors. Kitchen is lake/city view and open to lower level family room. Natural gas furnace with central air, natural gas hot water. Alarm system, double garage. Front yard is in low maintenance trees and rock. Rear yard is private with a raised wood patio and concrete walkway. MLS#10143796
687 Havencrest Court
#8 -9885 Pinnacles Road
$259,800
4505 Cascade Drive
$494,000
Please visit our newly redesigned website www.silverstarproperites.ca
YOURREALESTATEPAGES.COM | 9
250.309.0039 chris@chrisholm.ca
Brenda Ellis
Shelby Bouchard
Brent Stevenson
REALTOR®
250.549.0023
REALTOR®
REALTOR®
250.309.9969
250.308.4310
Diane Callbeck Client Care
(unlicensed)
Yania Greenaway Admin Assistant
(unlicensed)
Natalia Vignola Graphics & Design
(unlicensed)
your listing You Deserve
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Vernon
View our listings + 100's more at ChrisHolmRealEstate.ca
Hutch "N" Son 250-558-8728 sidhutch@gmail.com
NE
W
11807 Torrent Dr. W N E I CE PR
Vernon
Beautiful views of Kalamalka Lake w/ private backyard. Hardwood, updated kitchen, Jacuzzi tub, built in vac & great floor plan for entertaining.
Great investment property in extremely desirable location of Coldstream. This is a full legal duplex with 3 bdrms, 1 bath + a full basement on each side. MLS®10145962
$539,000 Unbeatable value as an investment or first time buyer getting into the market! Top floor, 2 bdrm, 1 bath home in great condition in strata complex. $122,900
Great starter home or investment property located in the Centrepoint apartment building. Awesome fourth floor-corner unit with views out both sides, 3 Bdrm 2 Bath. MLS®10145772
MLS®10138367
12311 Husband Rd.
$589,900
W
Fantastic 3 bdrm, 2 bath,1500 sqft family home in Mission Hill. Spacious deck with a large private backyard. Close to town, parks, and schools. MLS®10145808
NE
MLS®10142105
#304 -103 George St.
hutchinson.connor@gmail.com 250-309-1633
3417 16th Ave.
$329,900
#425 - 3901 32 Ave.
$174,900 Fantastic opportunity to build your dream home on 10+ acres of gently rolling Lavington farm land. This lot offers endless opportunity with fantastic views. MLS®10137679
9790 Springfield Rd.
$525,000
10
298 Old Salmon Arm Road, Enderby
Immaculate 3 bedroom 2 bathroom home on 2.87 acres on the North side of Enderby. With the flooring, kitchen and bathrooms updated there is nothing to do but unpack. The views off of the generous size deck at the back of the home are amazing, from the landscaped yard to the Enderby cliffs!
$549,900
MLSÂŽ10142026
The sign you want The Agent you need. TheRightAgents.com
Business & Farm
Home & Travel
Auto & RV
All Insurance Services We provide protection options as unique as you are. 250-545-5311 www.jmins.com
3923 32 St. Vernon, BC V1T 5P2 Monday thru Friday: 7:30-5:30, Saturday: 9:00-5:00
@RightAgents
TheRightAgents
YOURREALESTATEPAGES.COM | 11
Heidi Lussi PREC Steve Wikkerink REALTOR® Beate Schmidt REALTOR® Susan Olney Administrative Coordinator
We are NEVER too busy for your referrals
The
Heidi Lussi Real Estate Team
www.heidilussi.com | 250-503-3487 | info@heidilussi.com
Vernon
Wishing you all things bright & beautiful at Christmas and throughout 2018. A big ‘Thank you’ to our loyal clients, their referrals, and to our business associates for a great year! 5156 Hwy 97
#213 - 301 Browne Road New
New
45 minute scenic drive to either Vernon or Kamloops, easy Highway access, flat 1.17 acre property. Fenced pasture, detached garage/shop, 1652 sqft. rancher home w/ partial basement. New natural gas forced air furnace. Large main floor laundry with mud room, back entrance door to yard. Ample parking.
Desirable Golfside Estates, rentals allowed. 2 bedroom, 2 baths, open design unit. Newly painted, laminate floors, tiled entry. In unit laundry, includes all appliances. Sundeck overlooking the creek, covered parking.
$223,000 MLS®:143414
$297,500 MLS®:10145887
108 Silversage Terrace
#18 - 2107 43 Avenue
751 Mt. Ida Drive
2 bedroom, 2.5 bath condo. Newly finished basement. Private, fenced back yard, small dog allowed. 55+ small development, come for the lifestyle. 2 car carport attached. $299,500 MLS®:10146114
205 Highway 97 South
New Price
Prestigious gated “Watermark” subdivision at The Rise. Large Estate Lots with unbelievable Lake/ Mountain views. Fully serviced and waiting for your new home. Room for a pool too; 91.86’ frontage (1/3 acre).
$360,000 MLS® 10143124
With over 4000sqft including rare 4 large bdrms on the upper level. Dream master retreat with deck overlooking Kal Lake. Fully developed basement with 5th bedroom. Stunning Landscaping and very private. Kal Lake views from nearly the entire home! Don’t miss this home.
$908,000 MLS®:10141980
Kal Lake Country Estate with incredible lake & mountain views. 9.12 acres, gently rolling land, custom quality home, triple car garage. Detached 27’x60’ shop, animal shelters, fully fenced and cross fenced. Ideal location between Vernon and Lake Country.
$1,950,000 MLS®10145617
For ALL listings visit www.heidilussi.com
12
Carol Shalovelo
215 Silver Queen Road, Silver Star
00
0,0
9 $9
Personal Real Estate Corporation
Positioned at the top of the Silver Woods chair with terrific views of the Monashee sits this classic Silver Star Mountain ski home. Six bedrooms that includes a two bedroom suite. Updated interiors, great floor plan and one of the best ski in/out locations at Silver Star. Level parking. No GST. MLS®10145555
250-503-8332
www.OkanaganProperties.com
Experience & heart goes into every transaction! 1509 40 Avenue, Vernon w Ne
ice Pr
Beautiful 5 bdrm, 2 1/2 bath home in desirable Sterling Estates. 3 bdrm up and 2 bdrm in-law suite down with separate entrance opening to patio and nicely landscaped backyard with 2 gardens, raspberries, shrubs, kids playhouse, and wiring for a hot-tub. Lovely gas fireplace in living room, 3 nice sized bedrooms with a small deck and half bath off the master. Large play/bonus room and super large workshop. $515,000 mls 10145469
INVESTMENT PROPERTY - 4 Bdrm, 2 bath home, 2500 SF ft. home, plus 3 legal suites, each 780 Sf/ 1 bedroom with patio, double garage, 24'x24', workshop, fenced, RV parking, 0.43 ac, main house is 2 stories 4 bdrms, frontage on 2 streets with a large fenced back yard, The side yard has room to park an RV. This is perfect for the young retiree who wants extra income and a beautiful home. Long term tenants would like to stay. $795,000 mls 10141544
Beautifully updated 4 bdrm home at Silver Star. Completely updated inside and out & ready for your family or investment. *Powder Peak* enjoys excellent ski in/out. Full of light and tasteful finishing - this home will impress you as soon as you enter. Fireplace, new hot tub and new deck. MLS®10134869
Ski in/out of this spacious 3 story Gavin Parsons ski home nestled at the base of Christmas Bowl and the Chute ski runs. No walking or hiking involved. Cozy fireplace and hot tub on the covered deck. This home is fully furnished and equipped anticipating all your needs. MLS®10145555
Kathy Broderick
Serving locally & marketing globally. RE/MAX Vernon
Vernon
525 Arnica Lane, Silver Star
0
,00
50
$8
1903 43 Street, Vernon
385 Monashee Road, Silver Star
00
0,0
1 $7
250.309.1167
Personal Real Estate Corporation www.broderickrealestate.ca
e-Editions available online YourRealEstatePages.com
@REPVernon
Vernon Real Estate Pages
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A Home for The Holidays! 4105 28 Ave, Vernon Lovely, 2 bdrm/1bth - up, 2 bdrm, 1/2 bth dwn. Hardwood flr, full basement. Detached Garage, lots of parking. Great location, walk to downtown! $379,900 MLS®10142709
t Re re c A
Gardom Lake Acreage! 940 Musgrave Rd. Great Price! Great Location (14 minutes to Enderby)! Quiet! A stones throw from Lake. Walk to the Hand Launch, 1840 sqft, 3 Bdrm, 2 1/2 bth, cozy wood burning stove, workshop and horse shelter! $389,900 MLS®10126453
Maria Besso (250) 308-1152 | mariabesso@shaw.ca | www.mariabesso.remax.ca
Vernon
Tracy Lauriente
Happy Holidays 250.540.4143
vernonbcproperty.com tracylauriente@gmail.com
INC
SOLD
SilverStarMedia.ca 250.545.8858
7024 Emerald Court, Vernon
The Real Estate Pages is published by Silver Star Media Inc., 3118 32nd Ave, Vernon, BC V1T 2L9. Reproduction of any photographs, artwork or copy is strictly prohibited without prior written consent of the publisher. All advertised properties are subject to prior sale or withdrawal without notice. Neither The Real Estate Pages nor Silver Star Media Inc are a registered real estate broker and this magazine offer is not an effort to assist in the buying or selling of real estate. The advertisers and publisher are not responsible or liable for misinformation, misprints or typographic errors.
Deb
Deveau REALTOR®
Judy
Your Key to the North Okanagan
Fischer REALTOR®
Vernon
REALTOR®
Enderby
*Personal Real Estate Corporation
try
el En Lev
$559,000
57 Parsons Road, Enderby A little piece of paradise. 2.5650 acres, 2 bdrm, 1 bath, large living room, updated kitchen, and two spacious covered decks. Call Deb & Judy @ The Key Team - MLS10145876
Lundquist*
908 George St. Enderby, BC
c
$339,000
Bonita
1-888-609-7764 250-838-0025
mi ora Pan iew V
NEW
Buy or sell
with me and use this trailer for free for your local move.
$249,000
115 Twin Lakes Rd., Enderby Call Deb & Judy @ The Key Team - MLS10143516
712 Third Ave., Enderby Call Deb & Judy @ The Key Team - MLS10137653
ular Pop lon Sa
20 A
cres
$149,900 900B Belvedere St., Enderby Call Deb & Judy @ The Key Team - MLS10141263
$549,900 $890,000
24 Rohan-Peters Rd., Enderby Call Deb & Judy @ The Key Team - MLS10138953
#C1 8192 Hwy 97A, Mara Crystal Sands is a gated waterfront community. Home is steps to sandy shores of Mara Lake. Fully furnished, 4 bed, 2.5 bath home built in 2007 with unobstructed views of Mara Lake & Nature Preserve. Includes attached double garage. Call Bonita Lundquist PREC 250-306-8184 - MLS 10138844
BCREA HOUSING FORECAST UPDATE BCREA HOUSING FORECAST UPDATE
February 20172017 February
14
HoH u so iunsgi nFgo rFeocr ae sc ta sStu m r ya r—y F—i r Fs itr sQtu Q a rutaerrt e r S ummam Unit Sales Unit Sales
® ($) Average MLS®MLS Price Average Price ($) 2016 2016 2017F2017F 2018F2018F 2016 2016 2017F2017F 2018F2018F 10,028 9,250 8,500 585,745 599,000 608,000 10,028 9,250 8,500 585,745 599,000 608,000 Victoria Victoria 27.5%27.5% -7.8%-7.8% -8.1%-8.1% 12.3%12.3% 2.3% 2.3% 1.5% 1.5% 10,532 9,4009,400 8,7508,750 $383,192 For immediate release 10,532 $383,192 $396,000 $396,000 $402,000 $402,000 Vancouver Island Vancouver Island 26.6%26.6% -10.7% -6.9%-6.9% 12.8%12.8% 3.3% 3.3% 1.5% 1.5% -10.7% Vancouver, BC – November 14, 2017. Columbia Real Estate Association (BCREA) $291,000 417 417The British 390 390 345 345 $284,471 $284,471 $288,000 $288,000 $291,000 Powell RiverRiver Sunshine CoastCoast 14, 2017. Powell Sunshine Vancouver, BC – November The British Columbia Real Estate Association (BCREA) reports that a total of 8,677 residential sales were-11.5% recorded the15.3% Multiple Listing 9.4% 9.4%unit-6.5% 15.3% 1.2% 1% 1% -6.5% -11.5% by 1.2% Service® reports in that a total an of 8,677 residential unitcent sales were recorded by the Multiple Listing Service® 40,880 34,000 35,750 1,017,228 942,000 963,000 40,880 34,000 35,750period 1,017,228 942,000 963,000 (MLS®) October, increase of 19.3 per from the same last year. Total sales Greater Vancouver Greater Vancouver -5.2% -16.8% 5.1% 12.7%last -7.4% 2.2% 2.2% -5.2% -16.8% 5.1% 12.7% -7.4% Vancouver, BC – November 14, 2017. The British Columbia Real Estate Association (BCREA) (MLS®) in October, an increase of 19.3 per cent from the same period year. Total sales dollar volume was $6.25 billion, up 41.6 per cent from October 2016. The average MLS® 23,086 19,700 $676,946 $657,000 19,700 18,9002016. $676,946 $657,000 $668,000 reports that awas total of province 8,677 residential unit sales were18,900 recorded by the Multiple Listing Service® dollar volume billion, up 23,086 41.6 per cent October The average MLS® $668,000 FraserFraser Valley Valley residential price in $6.25 the was $720,129, upfrom 18.7 per cent from October 2016. 15.1% -14.7% -4.1% 17.2% -2.9% 1.7% 1.7% 15.1% -14.7% -4.1% 17.2% -2.9% (MLS®) in October, an province increase 4,306 of 19.3 per 3,400 centup from last year. Total sales $428,000 residential price in the was $720,129, 18.7the persame cent period from $397,911 October 2016. 3,100 $416,000 4,306 3,400 3,100 $397,911 $416,000 $428,000 Chilliwack and District Chilliwack and District dollar volume was $6.25 billion, up 41.6 per cent from October 2016. The average MLS® 2.9% 2.9% 37.2% -21% -8.8% 18.4% 4.5% -21% -8.8% 18.4% 4.5% “BC home sales trended higher in 37.2% 3,181 2,870 2,700 345,528 355,000 3,181 2,870 355,000 362,000 362,000 residential price incent the province $720,129, up 18.7 per2,700 cent from345,528 October 2016. “BC home sales trended higherJanuary inwas October, up 23 per from on a Kamloops and District Kamloops and District 23.6%23.6% -9.8%-9.8% -5.9%-5.9% 5.9% 5.9% 2.7% 2.7% 2% 2% October, upadjusted 23 per cent from January on a 8,400 seasonally basis,” said Cameron 10,036 8,6008,600 $461,791 10,036 8,400 $461,791 $468,000 $468,000 $476,000 $476,000 Okanagan Mainline Okanagan Mainline “BC home sales trended higher in seasonally adjusted basis,” said Cameron Muir, BCREA Chief Economist. “A lack of -16.3%-16.3% 2.4% 2.4% 25.6% 13.1%13.1% 1.3% 1.3% 1.7% 1.7% 25.6% October, up Chief 23 perEconomist. cent from January 2,459 Muir, BCREA “A lack of 2,459 $364,295 $351,000 $351,000 $356,000 $356,000 supply in the resale market continues toon a2,0502,050 1,9751,975 $364,295 SouthSouth Okanagan* Okanagan* 21.6% -16.6% -3.7% 11.3% -3.6% 1.4% 21.6% -16.6% -3.7% 11.3% -3.6% 1.4% seasonally basis,” said Cameron supply in theadjusted resale market continues to put upward pressure on home prices in 260 260 285 285 325 325 $233,363 $233,363 $243,000 $243,000 $248,000 $248,000 Muir, BCREA Chief Economist. “A lackinof 9.6% Northern Lights put upward pressure on home prices Northern Lights most BC regions.” -16.7% 14% 14% -13.4% 4.1% 4.1% 2.1% 2.1% -16.7% 9.6% -13.4% supply the resale market continues most BCinregions.” 2,9552,955to 2,5002,500 2,5752,575 $282,758 $282,758 $286,000 $286,000 $291,000 $291,000 Kootenay Kootenay 18.2% 3% 3% 2.7% 2.7% 1.1% 1.1% 1.7% 1.7% put upward pressure on down home5.1 prices in -15.4%-15.4% 18.2% Total active listings were per 4,069 4,1004,100 4,2504,250 $263,703 4,069 $263,703 $265,000 $265,000 $269,000 $269,000 most BC regions.” Total active listings down 5.1 per BC Northern cent to 27,987 unitswere in October compared BC Northern -3.4%-3.4% 0.8% 0.8% 3.7% 3.7% -0.4%-0.4% 0.5% 0.5% 1.5% 1.5% cent 27,987 unitslast in October compared to thetosame month year, and have 112,209 95,770 112,209 96,345 96,345 95,770 691,144 691,144 657,026 657,026 666,657 666,657 BC Total BC Total active listings were down 5.1 per -14.1%-14.1% -0.6%-0.6% toTotal the same month year, and have 9.5% 8.6% 8.6% -4.9%-4.9% 1.5% 1.5% declined 49 per centlast over the last five 9.5%
For immediate release BoardBoard Area Area For immediate release
BC Home Sales Rise Despite Low Level of Supply BC Home Sales Rise Despite Low Level of Supply
BC Home Sales Rise Despite Low Level of Supply
cent to 27,987 units in October compared declined 49 per cent over the last fivebecame NOTE: The Northern Lights Real Estate Board (NLREB) became part ofpart the South Okanagan Real Estate Board per (SOREB) on January 1, 2011.1, 2011.2016 to 31 NOTE: Theratio Northern Real Estate Board of the Southup Okanagan Real Estate Board cent (SOREB) on January years. The ofLights home sales to(NLREB) active listings was from 24.7 in October *Excluding Northern Lights Lights *Excluding Northern to the same month last and have years. The ratio of home sales to active listings was up from cent in October 2016the to 31 per cent last month. The year, BC housing market is considered to24.7 be inper relative balance when declined 49 month. per cent over last five per cent last The BCthe housing is considered to be in relative balance when the ratio of home sales to active listings ismarket between 12 and 20factors per cent. BCREABCREA Economics provides timelytimely research, analysis and information on economic affecting BritishBritish Columbia and itsand housing markets. Economics provides research, analysis and information on economic factors affecting Columbia its housing markets. years. ratio of home sales to active listings wasand up20 from ratio of The home sales to active listings is between 12 per24.7 cent.per cent in October 2016 to 31 per last month. TheEstate BCsales housing market is was considered to per be incent relative balance when the Thecent British Columbia Real Estate Association (BCREA) is the is the Year to date, BC residential dollar volume down 9.4 to $63.8 billion, when The British Columbia Real Association (BCREA) Send questions and comments about the Housing Forecast to: to: Send questions and comments about the Housing Forecast in BC, professional association for more than 20,000 REALTORS ratiotoof home to active listings is REALTORS between 12 20 perper cent. Year date, BCsales residential sales dollar volume was down 9.4 cent to10.7 $63.8 billion, when in BC, and professional association forperiod more than 20,000 compared with the same in 2016. Residential unitCameron sales declined per cent to 90,290 Muir, Chief Cameron Muir, Economist, Chief Economist, focusing onwith provincial issues thatperiod impact real Working with with unit sales focusing on provincial issues that impact real estate. Working compared the same in estate. 2016. Residential declined 10.7 per cent to 90,290 units, while the average MLS® residential price increasedcmuir@bcrea.bc.ca; 1.4cmuir@bcrea.bc.ca; per cent to $706,881. 604.742.2780 604.742.2780 the province’s 11 real11estate boards, BCREABCREA provides continuing the province’s real estate boards, provides continuing Year to date, residential sales dollar volume was down 9.4 percent cent to$706,881. $63.8 billion, when units, while theBCaverage MLS® residential price increased 1.4 per toEconomist, Brendon Ogmundson, Brendon Ogmundson, Economist, professional education, advocacy, economic research and and professional education, advocacy, economic research bogmundson@bcrea.bc.ca; 604.742.2796 compared with the same period in 2016. Residential unit sales declined 10.7 per cent to 90,290 bogmundson@bcrea.bc.ca; 604.742.2796 provide value value for their standard formsforms to help provide for clients. their-30clients. standard toREALTORS help REALTORS units, while the average MLS® residential price increased 1.4 per cent to $706,881. -30For more information, please contact: Additional economics information is available on on Additional economics information is available To demonstrate the profession’s commitment to improving Quality To demonstrate the profession’s commitment to improving Quality For more information, please contact: BCREA’s website at: www.bcrea.bc.ca. BCREA’s website at: www.bcrea.bc.ca. Cameron Muir of LifeofinLife BC in communities, BCREABCREA supports policies that help BC communities, supports policies that help -30Cameron Muir Chief Economist ensure economic vitality, provide housing opportunities, preserve ensure economic vitality, provide housing opportunities, preserve To sign forup BCREA news releases by email visit: visit: Toup sign for BCREA news releases by email For information, please contact: Chief Economist themore environment, protect property owners and build betterbetter Direct: 604.742.2780 www.bcrea.bc.ca/news-and-publications/publications/ the environment, protect property owners and build www.bcrea.bc.ca/news-and-publications/publications/ manage-subscriptions. communities with good and safe Cameron Muir Direct: 604.742.2780 manage-subscriptions. communities with schools good schools andneighbourhoods. safe neighbourhoods. Mobile: 778.229.1884 Chief Economist Mobile:cmuir@bcrea.bc.ca 778.229.1884 Email: Direct:cmuir@bcrea.bc.ca 604.742.2780 Email: Mobile: 778.229.1884 Housing Forecast is published quarterly by the British Columbia Real Estate Real estate real estate and REALTORS may reprint this content, Housing Forecast is published quarterly by the British Columbia Real Association. Estate Association. Real boards, estate boards, real associations estate associations and REALTORS may reprint this content, provided that credit is given BCREA by including the following statement: “Copyright British British Columbia Real Estate Association. Reprinted with permission.” provided that credit is to given to BCREA by including the following statement: “Copyright Columbia Real Estate Association. Reprinted with permission.” Email: cmuir@bcrea.bc.ca BCREA makes no guarantees as to the accuracy or completeness of this information. ®
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BCREA makes no guarantees as to the accuracy or completeness of this information.
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1420 - 1420 701 Georgia Street Street West, PO BoxPO 10123, PacificPacific Centre,Centre, Vancouver, BC V7YBC 1C6 604.683.7702 | Fax:| 604.683.8601 | Email: bcrea@bcrea.bc.ca - 701 Georgia West, Box 10123, Vancouver, V7Y |1C6Phone: | Phone: 604.683.7702 Fax: 604.683.8601 | Email: bcrea@bcrea.bc.ca
1420 – 701 Georgia Street W, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6 1420 – 701 Georgia Street W, PO BoxJames 10123, Pacific Centre, Vancouver,| BC V7Y 1C6 President Jim Stewart | President-Elect Palanio | bcrea@bcrea.bc.ca 604.683.7702 (tel)
Interim CEO Damian || www.bcrea.bc.ca 604.683.8601 (fax) Past President Deanna Horn President Jim Stewart || President-Elect JamesStathonikos Palanio bcrea@bcrea.bc.ca || 604.683.7702 (tel) Interim CEO Damian Stathonikos | 604.683.8601 (fax) | | www.bcrea.bc.ca Past President Deanna Horn 1420 – 701 Georgia Street W, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6
Vernon
*Personal Real Estate Corporation
President Jim Stewart Past President Deanna Horn
| |
President-Elect James Palanio Interim CEO Damian Stathonikos
| |
bcrea@bcrea.bc.ca www.bcrea.bc.ca
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604.683.7702 (tel) 604.683.8601 (fax)
OkanaganHomes.com | 250.549.7050
Silver Star
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6645 L&A Road
216 Melrose Court
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Heather Paulsen
Alan Stier
Craig Demetrick
REALTOR®
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REALTOR®
REALTOR®
rodney@okanaganhomes.com heather@okanaganhomes.com alan@okanaganhomes.com craig@okanaganhomes.com
Barb Williamson* Priscilla Sookarow REALTOR®/Managing Broker
Owner/REALTOR®
barb@okanaganhomes.com info@okanaganhomes.com *Personal Real Estate Corporation
Priscilla
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