Kelowna Real Estate

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Kelowna Real Estate since 2006. Serving community in , , English. Interested in Edmonton Real Estate? Ready to Buy?

Thinking of Selling your home?Investing?First Home buyer?If you answered YES to any of these questions - you are in the right place!at the right time! I am Professional Real Estate Agent in the province of AB and Assisting both Buyers and Sellers when it comes to finding property fast or sell for top dollar!Если Вы говорите по-русски- Ирина Миерзевски к Вашим услугам!Я всегда рада помочь с куплей и продажей любой недвижимости в Альберте. Ваш русскоговорящий риэлтор в эдмонтоне навсегда!

10/13/2026

Housing starts and construction data for August 2026
August 2026 brought a 1.3% dip in housing starts across Canada, with urban areas seeing a 2% decrease year-over-year and completions dropping 11.2%. While certain regions did experience growth, these gains weren’t enough to reverse the broader downward trend that’s expected to persist. As someone who’s worked with buyers and sellers in both Edmonton and Kelowna since 2006, I keep a close eye on these numbers to help my clients make informed decisions and protect their interests in a changing market landscape.

10/12/2026

Canada Needs Twice the Projected Homes
As someone who has guided clients through Alberta and British Columbia’s fast-changing real estate markets since 2006, I pay close attention to the bigger picture—especially when it comes to housing supply. Recent national figures show that, to restore affordability levels we had before the pandemic, Canada actually needs between 417,000 and 469,000 new homes each year through 2036. That’s well above what’s currently being built. The reality is, we’re facing a long-term gap of 187,000 to 238,000 homes per year over the next decade. Construction is expected to slow down even as demand remains strong, which could make it even harder for buyers and renters to find the right fit. Most of what’s being built right now is already tied up in projects that started some time ago—so turning the tide will require a dramatic increase in new construction moving forward. It’s clear: to truly improve affordability, we’ll need to see housing starts double what’s currently projected. I keep this context front of mind as I help clients navigate their options in Edmonton, Kelowna, and beyond—always with their best interests at the heart of every move.

CMHC: Housing Starts Remain Steady Despite August DipThe CMHC recently shared that Canada’s annual pace of housing start...
10/11/2026

CMHC: Housing Starts Remain Steady Despite August Dip
The CMHC recently shared that Canada’s annual pace of housing starts dipped a bit in August—229,046 units, down slightly from July’s 229,360. Urban areas saw fewer new starts, while rural figures came in at 11,224. The six-month trend edged down by 1.3%. Interestingly, Quebec and Alberta bucked the downward trend, posting gains that countered declines in Ontario. As someone who’s worked with buyers and sellers across Alberta and British Columbia for years, I keep a close eye on these numbers—especially how local changes can shape opportunities and decisions in markets like Edmonton and Kelowna. Protecting your interests starts with understanding what these shifts mean for your next move.


https://www.housing-trends.com/agent-news/irina-mierzewski/2069058-CMHC%3A-Housing-Starts-Remain-Steady-Despite-August-Dip

10/11/2026

Happy Thanksgiving

Mid-Year Outlook For Canada's Housing MarketAs someone who has guided clients through Alberta and BC’s real estate marke...
10/10/2026

Mid-Year Outlook For Canada's Housing Market
As someone who has guided clients through Alberta and BC’s real estate markets since 2006, I’ve seen many shifts—and right now, we’re witnessing a gradual recovery across Canada. Home resales are ticking upward, prices are finding their footing, and inventory is beginning to level out. While challenges like affordability and regional differences remain, the outlook points to continued sales growth and modest price increases by 2027. For anyone planning their next move in Edmonton or Kelowna, understanding these trends is key to protecting your interests and making informed decisions in a changing market.


https://www.housing-trends.com/agent-news/irina-mierzewski/1968225-Mid-Year-Outlook-For-Canada%27s-Housing-Market

Home prices fuel record affordability gains, but relief remains elusiveWe’ve now seen ten straight quarters of improved ...
10/09/2026

Home prices fuel record affordability gains, but relief remains elusive
We’ve now seen ten straight quarters of improved housing affordability across Canada, thanks largely to lower home prices—even as borrowing costs continue to climb. The national index has dropped by 11.4 points since late 2023. Still, affordability is not quite back to where we’d like it to be, and there’s a lot of variation depending on where you look. As someone who’s worked with buyers and sellers in both Edmonton and Kelowna since 2006, I know how these trends play out differently in each market. My priority remains protecting your interests as we navigate these shifting conditions together.


https://www.housing-trends.com/agent-news/irina-mierzewski/1923548-Home-prices-fuel-record-affordability-gains%2C-but-relief-rema

10/08/2026

Canada Needs More Homes to Sustain Affordability
As someone who’s spent years helping buyers and sellers navigate the markets in Edmonton and Kelowna, I see firsthand how closely affordability is tied to our housing supply. Recent improvements in affordability across Canada are welcome, but they’re looking more fragile as new home construction—especially for ownership—slows down. The numbers are clear: Canada needs between 417,000 and 469,000 housing starts every year to get back to pre-pandemic affordability by 2036, yet the supply gap stubbornly persists. Most of the new builds we’re seeing are rentals, while ownership-focused construction has dropped off, even as those added rentals help balance things out. While slower population growth has given affordability a little breathing room, construction has slowed even faster than demand. That means when demand picks up again, we could face an even bigger shortage. The takeaway for anyone thinking about buying or selling: sustained support for ownership construction is crucial if we want to protect affordability for the long run.

10/07/2026

Edmonton, AB Housing Pause, Not Reversal
In Edmonton, we’re seeing what I’d call a housing pause rather than a full reversal. Mid-Q3 resales crept up by less than 1% month-over-month, but activity remains about 11% below where we were a year ago. This slowdown has been with us for roughly six months, reflecting ongoing affordability concerns and the uncertainty brought on by trade tensions.

For homeowners, limited equity growth is making mortgage renewals more challenging—especially with average payments rising by approximately 6% during this reset cycle. If you’re renewing a 5-year fixed from 2020 or 2021, brace for payment increases of 15–20%. That makes budgeting—and open conversations with your lender—more important than ever.

As someone who’s guided Edmonton buyers and sellers since 2006, I see these shifts as part of the market’s natural rhythm. One bank economist is forecasting stabilization into 2026 and 2027, indicating that recent softness is more of a temporary detour than a lasting trend. My focus remains on protecting my clients’ interests as we navigate these changing dynamics together.

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1890 Cooper Road
Kelowna, BC
V1Y8M1

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