Charmaine Realty

03/17/2026

Happy St. Patrick's Day to all my clients & friends, have a truly blessed day!!

02/24/2026

For the complete statistics release, including detailed tables, click here. Vancouver, BC – February 11, 2026. The British Columbia Real Estate Association (BCREA) reports that 3,314 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in January 2026, down 22.9 per c...

01/13/2026

01/12/2026

Real estate sales in the Kootenay-Boundary were down last month compared to November, but up significantly compared to the same time in the previous year.

According to the Association of Interior Realtors, 153 residential properties changed hands in our area in December, which was more than a 25 per cent increase on December 2024. However, it was down from November’s 193 units sold.

There were 174 new listings in the region in December, which was an 8.1 per cent increase compared to the same month the previous year, but down from November’s 254 new listings. Overall active listings in the Kootenays saw a 4.3 per cent decrease compared to December 2024 with 1,189 listings recorded.

“The Kootenay real estate market recorded activity levels consistent with what we typically expect in December, with prices holding relatively stable across much of this diverse region,” association president Kadin Rainville said in a news release, adding that “while inventory constraints typically place upward pressure on prices, the increase in new listings is a positive development as we head into the new year.”

The benchmark price, which realtors say is a better representation of value compared to the average or median price as it represents a dwelling of typical attributes, saw percentage increases in the Kootenays in the single-family and townhome housing categories compared to the same month the previous year, of 1.6 per cent and 1.1 per cent increases respectively; coming in at $598,500 and $500,000. Among condos, benchmark prices saw a decrease of 3.8 per cent in year-over-year comparison, coming in at $324,700.

01/04/2026

The U.S. dollar ended 2025 with the sharpest annual retreat in eight years and investors say more declines are coming if the next Federal Reserve chief opts for deeper interest-rate cuts as anticipated.

01/01/2026

Bank of Canada officials agreed on holding the overnight rate at 2.25% earlier this month, but are unsure whether their next policy shift will be to lower rates again or to raise them.

12/27/2025

The November Real Estate statistics indicate a very prominent factor when looking at Real Estate statistics in general. That is, unlike the stock market, Real Estate markets are very local. For example, if you look at British Columbia overall it indicates that the market is definitely in buyers territory and in correction mode. Sales, prices and absorption are all down in November of 2025. This is primarily fueled by the ban on foreign buyers and the restrictions on short-term rentals which is affecting the Lower Mainland more than the Interior of BC. The interior areas of the province are doing better than the Lower Mainland, but not much. They are simply flat in some areas and a slight downturn in others compared to a slight upturn we saw in October. Absorption is pretty consistently in the balanced market range and prices seem to be remaining relatively flat. Most of the decrease in prices in this market cycle came from mid-2023 to mid-2024. However, the forecast for 2026 is still the same. Slightly better than 2025, but not much.

12/11/2025

Give today to protect nature

12/11/2025

The Bank of Canada has held its policy rate at 2.25%, a move widely expected by markets. Lenders’ prime rates remain at 4.45%, keeping borrowing costs steady for variable-rate borrowers.

12/07/2025

Markets increasingly expect the Bank of Canada’s next move will be a rate hike next year, as the country’s unexpected labour market strength suggests further monetary easing may not be needed despite U.S. tariffs.

12/07/2025

An Ownright survey of recent Ontario buyers shows that early financial confidence fades at closing, where unclear terms and unexpected costs are still tripping up many purchasers.