Danielle Harris - Real Estate

Danielle Harris - Real Estate I focus on all areas in the Shuswap including Blind Bay, Sorrento, Eagle Bay, Tappen and all the North Shuswap (Sunny Side)!

09/17/2026

Canada Fee Cuts Could Unlock Supply
Development fees play a significant role in shaping new-home affordability across Canada, and recent findings from our national housing agency shed light on just how impactful these costs can be. Cutting development fees could make around 14% more residential projects financially viable, with cities like Toronto and Vancouver seeing the biggest potential gains—Toronto alone could meet half its stated supply needs if these charges are eliminated. It’s interesting to note the range in fees: Calgary’s sit between about $4,000 for a one-bedroom high-rise and $9,000 for detached homes, while Vancouver’s comparable fees are much steeper, at $20,000 to $33,000.

Of course, these fees fund important infrastructure—roads, sewers, and community administration—so finding the right balance is key. But lowering charges, especially on family-sized homes, could make a real difference for families searching for larger, more affordable options in high-cost markets. Here in the Shuswap, I’m always watching for ways policy shifts might open up new opportunities for buyers and sellers alike. Making the path to homeownership smoother and less stressful is at the heart of what I do.

09/17/2026

Will Canada’s Rates Rise Again in 2027?
There’s been a lot of talk about where interest rates are headed, and it’s something I’m keeping a close eye on for everyone I work with. The Bank of Canada is holding steady at 2.25% for now, but some of the big banks are forecasting gradual rate increases in 2027. If the economy continues to strengthen and inflation sticks around, policymakers might have more flexibility to adjust rates upward. For those considering buying or selling property in the Shuswap, or thinking about refinancing, higher rates could mean increased borrowing costs—something to factor into your planning. On the other hand, savings and fixed-income investments may see better returns. As always, my aim is to make your real estate experience as smooth and rewarding as possible, and staying informed on these trends is one way I help you navigate what’s ahead.

09/15/2026

CREA data shows home sales up 0.5% while new listings fall 1.6% — regional markets shift toward balanced territory
As someone who's made the Shuswap my home and has watched our community evolve over the years, I always keep a close eye on housing trends. According to recent CREA data, Canadian home sales have edged up by 0.5%, while new listings dipped by 1.6%. With the sales-to-new listings ratio now at 51.3% and inventory holding at just 4.7 months, we're seeing a shift toward more balanced conditions in many regional markets. Prices remain stable, showing only modest growth. For buyers and sellers in the Shuswap, this balance can mean smoother transactions and more predictable outcomes—a welcome change for everyone looking for a positive real estate experience.

09/15/2026

Canada: Rate Cuts Can Worsen Affordability
As someone who’s seen how shifts in interest rates ripple through the Shuswap real estate market, I found it interesting that central bank researchers have highlighted a key challenge: rate cuts can actually make housing less affordable in the short term. While lower rates tend to boost demand quickly—resales jump soon after cuts, with the full impact showing up 18 to 24 months later—new housing supply takes much longer to catch up, often around two years before we notice an uptick in housing starts. Strong job markets and easier lending can encourage buyers to act faster, but builders need more time to respond, especially with the necessary planning and permits for multi-unit projects. In the end, while rate cuts may eventually encourage more building, the immediate effect is often higher demand chasing too few homes. It’s a clear reminder that tackling affordability in our area requires more than just adjusting lending rates.

Housing affordability improved in July from JuneJuly brought some welcome news for buyers: housing affordability saw an ...
09/13/2026

Housing affordability improved in July from June
July brought some welcome news for buyers: housing affordability saw an uptick across most of Canada. Home prices dipped in 10 out of 13 markets—especially in Vancouver, Hamilton, and Regina—which means the income needed to qualify for a mortgage went down as well. Although mortgage rates eased only slightly, it was really those price adjustments that made a difference for many. As someone who’s dedicated to helping clients navigate the Shuswap and beyond with care and clarity, I know how encouraging these shifts can be for anyone looking to make their next move.
https://www.roomvu.com/agent-news/danielle-harris-2/1950683-Housing-affordability-improved-in-July-from-June

Rate cuts boost housing demand faster than supply, BoC research findsWhen interest rates drop, we often see home sales p...
09/12/2026

Rate cuts boost housing demand faster than supply, BoC research finds
When interest rates drop, we often see home sales pick up quickly—while new construction tends to lag behind. Recent Bank of Canada research confirms what many of us in the Shuswap market have observed: demand jumps right away, but it takes time for supply to catch up. This means prices can keep rising and affordability can become even more challenging, particularly when employment is strong. As someone who's committed to guiding clients through each step of their real estate journey, I believe that long-term solutions—like policies that focus on increasing housing supply—are essential for creating balance in our market.
https://www.roomvu.com/agent-news/danielle-harris-2/1936291-Rate-cuts-boost-housing-demand-faster-than-supply%2C-BoC-resea

Canada's “Record” Housing Correction? Prices Near Highs In Most ProvincesIt’s been quite a journey for Canadian real est...
09/11/2026

Canada's “Record” Housing Correction? Prices Near Highs In Most Provinces
It’s been quite a journey for Canadian real estate lately. In July, the national average home price dipped 0.6% to $661,800, with six provinces seeing declines while the three Atlantic provinces posted gains. Since March 2022, prices are down 21.3%—largely due to steeper drops in Ontario and B.C.—but affordability is still top of mind for so many. Here in the Shuswap, I’m always keeping a close eye on how these broader trends might affect our local market, and I know how important it is to navigate these shifts with care. Every client deserves a process that feels smooth and rewarding, no matter what the headlines say.
https://www.roomvu.com/agent-news/danielle-harris-2/1937820-Canada%27s-%E2%80%9CRecord%E2%80%9D-Housing-Correction%3F-Prices-Near-Highs-In-M

09/10/2026

I was very happy with the effort Danielle Harris put in for me. She worked hard to get me what I was...
Let’s connect and talk about the latest insights in the industry!

09/10/2026

Discover this property for $839,900—a great opportunity that truly stands out.

09/10/2026

Canada Housing Just Got More Interesting
Lately, there’s been a noticeable shift in the Canadian housing market. We’re seeing renewed momentum in home sales, yet it’s clear that buyers are still moving with care, and overall activity remains below last year’s pace. Fewer new listings are coming to market, even as sales edge upward—slowly nudging supply and demand toward a more balanced place. Prices aren’t swinging wildly, which offers a welcome sense of stability for those stepping into the market, and we haven’t seen the major correction some had predicted. What stands out most to me, both as someone who lives and works in the Shuswap, is the continued importance of local trends. Regional differences are significant, so choosing the right community truly matters for buyers and sellers across Canada. Having helped many clients navigate these shifts, I know how much a thoughtful, detail-oriented approach can ease the process and help you make the most of the current landscape.

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Salmon Arm, BC

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+12505177381

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