November 2019

First Time Home Buyers in BC

Posted on Nov 16, 2019 in Homeowner Tips

The BC Government has a program to help 1st time home buyers break into the market and become home owners, that reduces or eliminates the Property Transfer Tax. 

To qualify for a full exemption, at the time the property is registered you must:

  • be a Canadian citizen or permanent resident
  • have lived in B.C. for 12 consecutive months immediately before th...

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After Strong Recovery, Residential Real Estate Market Flattening Out Ahead of Winter 

Posted on Nov 05, 2019 in Market Statistics

Residential sales across the region of Revelstoke to Peachland totaled 625 in October, down from September’s 652 sales and just 2% fewer compared to the 639 units sold in October 2018, reports the Okanagan Mainline Real Estate Board (OMREB).

New listings dropped below last month’s 1,046 by 10.5% resting at 936 new units listed this month. The supply...

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