Resort-Style Real Estate Gains Ground in the Okanagan Valley 

The Okanagan Valley has long been prized for its breathtaking views, laid-back lifestyle, and four-season appeal. But as more homebuyers search for a retreat that offers permanence and not just a vacation, the region is seeing a shift. High-end resort-style communities are redefining the standard of
MAY 2020 PRE-SALE REAL ESTATE INSIGHTS
4 years
"Sales volumes remain low overall and consumers need additional time to adapt to the new reality as we re-open the economy. However, we are cautiously optimistic as we see positive trends in inquiries into our Presentation Centres and increased sales from last month in presale.” Suzana Goncalves EVP
APRIL 2020 PRE-SALE REAL ESTATE INSIGHTS
4 years
"The market momentum created in Q1 was clearly impacted as expected with April stats taking a dramatic slide down from March last month as well as April 2019. End-users will continue to keep the market going in the short-term as buyers fully adjust to the new normal. ” Suzana Goncalves EVP, SALES
MARCH 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
"The market had been on a steady but sustainable upward trend since late 2019 and therefore it’s obviously disappointing to see this pull back. Extent of the COVID-19 implications is still widely uncertain, but we are expecting to see the market impacted for several months as we set our sights on a
FEBRUARY 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
DOWNLOAD THE FULL REPORT HERE "With challenging affordability issues, entry level price points continue to be the most active and sought after product within pre-sale launches in our marketplace. The recent easing of the mortgage stress test and increasing demand in many submarkets will support an
JANUARY 2020 PRE-SALE REAL ESTATE INSIGHTS
5 years
DOWNLOAD THE FULL JANUARY 2020 PRE-SALE REPORT "Resale statistics continue to see improvement in price appreciation and sales. January saw more presale homes released than we have seen since early Fall 2019 and with a 30 percent absorption rate this is a positive sign the market is improving at a
2019 Year in Review
5 years
As another year comes to a close, there has been a great deal of attention on the local real estate market these past 12 months. This year was less eventful with regards to no new taxes implemented or significant changes to financing requirements. This has been a positive respite for buyers and
November 2019 Pre-Sale Real Estate Insights
5 years
DOWNLOAD THE NOVEMBER 2019 PRE-SALE REPORT “Nearly 50 per cent of the units across all projects released in 2019 have sold, with a noticeable increase in the last three months. This, along with the trending positive sales numbers in the resale market gives us an optimistic outlook for 2020.” -
October 2019 Pre-Sale Real Estate Insights
5 years
DOWNLOAD THE OCTOBER 2019 PRE-SALE REPORT "We continue to see increased activity in entry-level and value-driven segments across all product types and in both resale and pre-sale. Ground orientated product in the Fraser Valley continues to perform well while activity for pre-sale concrete inventory
Making Change with Abbotsford’s 200k Plan
5 years
Over one hundred years ago, agriculture made a name for Abbotsford, and it still features prominently in the region’s economy and lifestyle. This pioneering spirit has become a legacy, instilling a sense of innovation, determination, and opportunity. Now the heart of the Fraser Valley, this urban