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Go Kelowna Homes Kelowna Real Estate Expert | Trusted Advisor | Expert Negotiator | Helping You Buy, Sell & Invest

10/11/2026

Happy Thanksgiving

B.C. Home Market Shows Signs of Gradual Recovery in AugustAugust brought another dip in B.C. home sales, with numbers do...
10/10/2026

B.C. Home Market Shows Signs of Gradual Recovery in August
August brought another dip in B.C. home sales, with numbers down 4.7% from last year—totaling 5,653 sales. The average price hovered just under $925,000, reflecting a market that’s steadily finding its footing, but still trailing long-term averages. Here in the Okanagan, we saw a more pronounced shift, with sales dropping 22%, while South Peace River experienced a notable 35% increase. Every market tells its own story, and navigating these shifts requires a thoughtful, strategic approach. As a Kelowna-based Realtor who believes every transaction demands a tailored strategy, I always focus on my clients’ unique needs and long-term goals, ensuring your real estate experience is both positive and rewarding—no matter where the market stands.


http://www.gokelownahomes.com/agent-news/michal-gookprec-okanagan-realtor/2063581-B.C.-Home-Market-Shows-Signs-of-Gradual-Recovery-in-August

10/07/2026

Canada Needs More Homes to Sustain Affordability
We’re seeing some encouraging signs for housing affordability across Canada, but these improvements may be on shaky ground. As new home construction—especially in the ownership sector—slows down, the risk is that we won’t keep up with the demand that’s sure to return. Recent numbers show we’d need between 417,000 to 469,000 housing starts each year to bring affordability back to pre-pandemic levels by 2036. Yet, the gap isn’t closing. Most of the new builds in major markets are rentals, while ownership-focused construction has taken a back seat, even as these rentals help balance conditions.

In my day-to-day work helping clients find the right home in Kelowna, I see how quickly the landscape can shift. Slower population growth has offered a bit of breathing room, but with construction lagging behind even that, we could find ourselves short on homes when the market heats up again.

The lesson here? To maintain affordability—and to help buyers achieve their long-term dreams—we need to keep ownership construction moving forward, not just react when demand spikes. Each transaction is unique, and ensuring clients’ best interests means staying ahead of these trends, not just responding to them. That’s how we create positive outcomes and lasting relationships in real estate.

10/07/2026

Home sales remain low but recovering slowly, says BCREA
We’re seeing a gradual recovery in the British Columbia real estate market, even as numbers remain lower than last year. In August, residential sales totaled $5.2 billion—a 4.8% drop—with average prices dipping 1% to $924,826. Sales volume also eased by 5.5% to 46,069 homes, and Greater Vancouver experienced a 1.3% decline in prices and a 3.6% dip in sales. Each market shift in our province brings its own set of challenges and opportunities for buyers and sellers alike. As someone who’s guided clients through a variety of real estate cycles in the Kelowna area, I know every transaction requires a thoughtful, tailored approach. My goal has always been to ensure your experience isn’t just about today’s numbers, but about achieving lasting results and long-term satisfaction—no matter where the market stands.

10/05/2026

Okanagan Buyers Prioritize Move-in Ready Homes
Recently in the Okanagan, I’ve noticed a clear trend: buyers are gravitating toward move-in ready homes, especially those in completed downtown Kelowna communities. The ability to walk through the actual residence—taking in the natural light, the views, the layout, and the quality of finishes—gives buyers real confidence in their decision, far beyond what plans or renderings can offer. With some of the most attractive pricing since completion, these homes are drawing interest from those looking to relocate, secure a seasonal retreat, or move in before year-end. The certainty of a finished product and a defined timeline takes much of the guesswork out of the process. As someone who’s dedicated to ensuring every client finds a home that truly fits their needs, I see how this certainty and transparency make all the difference. With limited completed residences remaining and increased sales activity, late summer is an excellent moment to explore what’s available before early fall brings further changes to the market. Each transaction is unique, but providing options that align with long-term goals and lifestyle remains at the heart of every successful move.

BC Standing Inventory Data By City, Size, And Average PriceThere are currently 6,687 unsold residential units across BC,...
10/03/2026

BC Standing Inventory Data By City, Size, And Average Price
There are currently 6,687 unsold residential units across BC, with the largest concentrations in Burnaby, Vancouver, and Surrey—most of them condos, though the mix includes a variety of sizes. This isn’t just a story about smaller apartments; it points to a far more nuanced market landscape. As someone who negotiates complex transactions daily, I see how these numbers can influence the strategy for both buyers and sellers. Every client’s situation is unique, and navigating a market with this level of available inventory takes not only current data, but the right expertise and a commitment to long-term goals. That’s how I approach every transaction: with integrity, professionalism, and a focus on ensuring the best possible outcome for each client.


http://www.gokelownahomes.com/agent-news/michal-gookprec-okanagan-realtor/1969054-BC-Standing-Inventory-Data-By-City%2C-Size%2C-And-Average-Price

10/02/2026

Words cannot express the appreciation I have for Michal and Blaine. In a market that has skyrockete...
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09/30/2026

Canada Housing Could Look Very Different in 2027
Looking ahead to 2027, we're anticipating a gradual improvement in Canada's housing conditions as incomes and economic growth pick up, according to CMHC. While sales are expected to recover, activity may still sit below the highs we saw in the previous decade. CREA is forecasting only modest national price growth—so we’re likely moving toward more stability, rather than another big price jump. For buyers, higher inventory and softer demand in certain markets could open up more negotiating opportunities. As someone who navigates complex real estate transactions daily here in the Kelowna area, I know that each deal is unique and requires a tailored approach. My commitment is always to deliver the best possible outcome for you, whether you’re buying or selling, by leveraging negotiation skills and focusing on long-term value. It’s about making sure every step leads to a positive experience and, ultimately, a better quality of life.

09/29/2026

National Day for Truth and Reconciliation

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1429 Ellis Street
Kelowna, BC
V1Y2A3

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