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KELOWNA HOUSING MARKET OUTLOOK
Spring 2014 by Canada Mortgage and Housing Corporation

Kelowna Highlights

Employment growth coupled with low mortgage interest rates will support increased demand for housing in Kelowna.
Kelowna area housing starts are forecast at 1,075 homes this year and 1,325 homes in 2015. Both single-detached and multiple-family starts are forecast to move higher this year and next.
MLS home sales are forecast to increase in 2014 an 2015.
MLS home prices are expected to edge higher as demand improves and the supply of listings is drawn down.

For the complete report, see http://www.cmhc-schl.gc.ca/odpub/esub/64359/64359_2014_B01.pdf


Canadians Interested in Recreational Property Feel Added Urgency to Leap While Rates Are Low

Toronto May 16, 2013

Consumers maintain optimism regarding Canadian recreational property market.

According to a new survey released today by Royal LePage, interest rates factor hugely into the decisions of Canadian households when it comes to purchasing a recreational property. The survey, which polled Canadians across the country who either currently own or intend to purchase a recreational property within the next five years, found that most (82 per cent) Canadians say interest rates will influence their decision to purchase a recreational property - and a majority (58 per cent) feel added urgency to buy a recreational property while interest rates are low.

For the complete report see > Canadians Interested in Recreational Property

2013 ROYAL LEPAGE RECREATIONAL PROPERTY REPORT > 2013 ROYAL LEPAGE RECREATIONAL PROPERTY REPORT


Royal LePage Predicts Further Home Price Appreciation Contrary to Recent Talk of Decline
National real estate price correction not likely until 2013 at the earliest
TORONTO, January 2012
For the complete report see > Royal LePage Predicts Further Home Price Appreciation Contrary to Recent Talk of Decline.pdf


KELOWNA HOUSING MARKET OUTLOOK 2012
Released Fall 2011 by Canada Mortgage and Housing Corporation

Kelowna Highlights

For the complete report, see > Kelowna Housing Market Outlook 2012.pdf


KELOWNA HOUSING MARKET OUTLOOK
Released Spring 2010 by Canada Mortgage and Housing Corporation

Kelowna Highlights

For the complete report, see 2010 Kelowna Housing Market Outlook.pdf  


CANADIENS PURSUING RECRATIONAL PROPERTY FOR LIFESTYLE,
DESPITE TAX CONCERNS AND STRICTER MORTAGE RULES


National opinion poll shows condominiums increasingly popular choice for a second home
 

TORONTO, May 31, 2010

Almost half of Canadians considering buying a recreational property will do so to improve their lifestyle, despite concerns about increasing taxes, rising interest rates and new regulations that require higher down payments on second homes, according to a nationwide survey of Canadian attitudes towards recreational property ownership conducted by Angus Reid and commissioned by Royal LePage Real Estate Services.

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  2010 Recreational Property Report


CANADA'S HOUSING MARKET REMAINS STABLE;
MODERATE PRICE INCREASES IN FIRST QUARTER


Strong local economies and population growth support buyer demand

TORONTO, April 3, 2008 - Canada's real estate market stands on stable footing.

On average, healthy year-over-year house price gains were recorded during the first three months of 2008. While more modest price increases were observed when compared to previous quarters, the solid appreciations noted in the first quarter are largely due to the shared effects of resilient local economies, high immigration levels, and relatively low interest rates - all leading to enduring buyer demand, according to a House Price Survey report released today by Royal LePage Real Estate Services.

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2008 Kelowna Housing Markets, Outlook and Trends


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