Woody Kuraoka Coldwell Banker Executives Realty

Woody Kuraoka Coldwell Banker Executives Realty I offer plain old fashioned sincerity, hard work and honesty to my clients both sellers and buyers in helping to acheive their real estate goals.

09/28/2026

BC Standing Inventory Reached 6.7K
Standing inventory across British Columbia has reached 6,700 homes, encompassing 5,500 condos, alongside townhomes and multiplex units throughout the province. When we look at specific cities, Burnaby tops the chart with 1,210 unsold homes, closely followed by Vancouver at 1,020, Surrey at 798, and Coquitlam at 620. Richmond reports 396 units, Kelowna comes in at 372, Langley Township at 276, New Westminster at 224, and Delta at 211—highlighting that homes are available far beyond just the largest urban centres. Additional numbers show Langford at 188, Esquimalt at 173, City of North Vancouver at 135, Abbotsford at 118, and Chilliwack at 100, with the listed cities together totaling 5,840 available homes. While the presale conversation often focuses on studios and one-bedroom units, the data suggests a wider story that includes homes of various sizes and price points. As someone who specializes in the Okanagan Valley, I keep a close eye on these provincial trends—they can shape local opportunities in ways that aren’t always obvious at first glance.

BC Standing Inventory Data By City, Size, And Average PriceThere are currently 6,687 unsold residential units across BC,...
09/27/2026

BC Standing Inventory Data By City, Size, And Average Price
There are currently 6,687 unsold residential units across BC, with the highest inventories in Burnaby, Vancouver, and Surrey—predominantly condos, but not just the smaller floorplans. This data underscores just how dynamic and layered our real estate market truly is. As someone who’s spent years navigating the Okanagan Valley’s unique property landscape, I know firsthand that numbers only tell part of the story. Understanding what’s behind these inventory shifts is key for buyers and sellers alike.


https://www.housing-trends.com/agent-news/woody-kuraoka/1969054-BC-Standing-Inventory-Data-By-City%2C-Size%2C-And-Average-Price

August Brings Greater Affordability to North Okanagan HomesIn August, the North Okanagan real estate market saw a notice...
09/27/2026

August Brings Greater Affordability to North Okanagan Homes
In August, the North Okanagan real estate market saw a noticeable shift: sales dropped from 162 in July to 111. While the overall number of homes changing hands slowed, single-family home prices edged up to $794,300. Meanwhile, townhouse and condo prices eased back to $545,900 and $302,400. As someone who’s tracked the Okanagan Valley market closely for years, I always keep an eye on these trends to help my clients navigate their next move—whether that means finding the right home or making a strategic sale. Staying informed about these shifts is key in our unique market.


https://www.housing-trends.com/agent-news/woody-kuraoka/1974938-August-Brings-Greater-Affordability-to-North-Okanagan-Homes

Why Okanagan buyers are acting on move-in ready homes before fallI've noticed a clear trend this season: buyers in the O...
09/25/2026

Why Okanagan buyers are acting on move-in ready homes before fall
I've noticed a clear trend this season: buyers in the Okanagan are moving quickly on homes that are ready for immediate possession, especially as we approach fall. Water Street by the Park in downtown Kelowna perfectly fits what many of my clients are seeking—move-in ready homes offered at attractive prices, with only a few units remaining close to Okanagan Lake and the heart of city amenities. As someone who knows the Okanagan Valley inside and out, I see the certainty and convenience of these opportunities as a real advantage for those wanting to settle in without delays.


https://www.housing-trends.com/agent-news/woody-kuraoka/1978498-Why-Okanagan-buyers-are-acting-on-move-in-ready-homes-before

09/24/2026

Canada Housing Could Look Very Different in 2027
Looking ahead to 2027, the landscape of Canadian housing is set for some gradual changes. According to CMHC, we can expect improving conditions as both incomes and economic growth pick up steam. While home sales are projected to rebound, the activity may still fall short of the busy years we saw in the last decade. On the pricing front, CREA is forecasting only modest national increases, which points to a more stable market rather than another dramatic price surge. With inventory levels rising and demand softening in certain areas, buyers could find themselves with more negotiating power. Here in the Okanagan Valley, these national shifts often show up in unique ways, and my goal is always to help clients make the most of every opportunity that our local market presents.

09/23/2026

Canada’s Housing Market Eyes 2027 Recovery
Looking ahead, Canada’s housing market is showing early signs of a gradual recovery—a trend that’s being felt right here in the Okanagan Valley. Resale activity is picking up, inventories have steadied, and prices are beginning to stabilize. This shift is fueled by improved affordability and stronger employment, which has renewed confidence among buyers who had previously stepped to the sidelines. Many of these buyers are now in a better financial position, thanks to increased savings and stable jobs, and may soon re-enter the market.

Projections for 2026 suggest a roughly 4% decline in resales, to about 453,000 transactions, and a 2% dip in benchmark prices to around $794,000. Modest gains are expected to return in 2027, with both resales and prices forecast to rise across all provinces—including British Columbia. However, this recovery is expected to be steady rather than dramatic, with ongoing risks such as trade tensions and energy shocks potentially influencing the pace.

For those navigating the Okanagan market, understanding these national trends is essential. My focus has always been on providing clients with clear, practical insights—grounded in real experience—so you can make informed decisions, whether you’re planning your next move now or preparing for what’s ahead in 2027.

09/22/2026

Mid-Year Outlook For Canada's Housing Market
As we reach the midpoint of the year, it’s encouraging to see Canada’s housing market showing steady signs of recovery—home resales are on the rise, prices are stabilizing, and inventory is beginning to level out. Looking ahead to 2027, forecasts point to a continued uptick in sales and modest price growth, though challenges like affordability and diverse regional conditions will remain. Here in the Okanagan Valley, I keep a close watch on how these national trends play out locally, always aiming to help clients navigate the shifting landscape with confidence and insight. My years of experience in the region have shown me how important it is to understand both the big picture and the unique character of our communities. If you’re wondering what these changes might mean for your next move or investment, staying informed is key.

09/21/2026

Canada Fee Cuts Could Unlock Supply
As someone who follows the pulse of real estate across the Okanagan Valley, I’ve seen how development fees can impact the cost and viability of new homes. A recent national housing agency report found that cutting these fees could make about 14% more residential projects possible in Canada. In places like Toronto and Vancouver, removing these charges could boost viable projects by around 10%—with Toronto alone potentially able to meet half of its stated housing supply goals. It’s worth noting the difference in fee structures: Calgary’s development fees range from roughly $4,000 for a one-bedroom high-rise to about $9,000 for a detached home, while Vancouver’s fees for similar properties range from $20,000 to $33,000. Of course, these fees help fund essential infrastructure like roads and sewers, so finding the right balance is key. For families looking for larger homes, lower fees could make new builds more competitive—especially in markets where new, family-sized units often cost more than comparable resale homes. As a REALTOR® committed to helping Okanagan families find the best fit, I keep a close eye on how policy shifts like these could shape our local housing options.

Canada's “Record” Housing Correction? Prices Near Highs In Most ProvincesWe’re seeing headlines about a 'record' housing...
09/20/2026

Canada's “Record” Housing Correction? Prices Near Highs In Most Provinces
We’re seeing headlines about a 'record' housing correction across Canada, but let’s look closer at what’s really happening. In July, the national average home price dipped 0.6% to $661,800. Six provinces experienced decreases, while the three Atlantic provinces saw gains. Since March 2022, prices have dropped 21.3%, mainly due to sharp declines in Ontario and B.C. — even as affordability remains a real challenge. Here in the Okanagan Valley, I’ve seen firsthand how local market conditions can differ from the national story. Understanding these shifts is key, especially if you’re planning your next move or investment in our region. As someone who knows the Okanagan inside and out, I keep a close eye on these trends to help my clients make confident, informed decisions.


https://www.housing-trends.com/agent-news/woody-kuraoka/1937820-Canada%27s-%E2%80%9CRecord%E2%80%9D-Housing-Correction%3F-Prices-Near-Highs-In-M

Housing affordability improved in July from JuneJuly brought a bit of welcome news for buyers across the Okanagan Valley...
09/19/2026

Housing affordability improved in July from June
July brought a bit of welcome news for buyers across the Okanagan Valley and beyond: home prices dropped in 10 out of 13 major Canadian markets, including Vancouver, Hamilton, and Regina. This shift means the income needed to qualify for a mortgage has eased slightly. While we saw only a modest dip in mortgage rates, it’s really the price adjustments that made home ownership a touch more accessible. As someone who’s watched the Okanagan market evolve first-hand, I know affordability is top of mind for many of you. Keeping an eye on these trends is essential whether you’re planning your next move or just staying informed.


https://www.housing-trends.com/agent-news/woody-kuraoka/1950683-Housing-affordability-improved-in-July-from-June

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3405 27 Street
Vernon, BC
V1T4W8

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