January 2012 - Posts
BCREA Reports - Average Performance for Housing Market in 2012
“Modest economic growth at home and abroad is expected to limit growth in consumer demand both this year and in 2013,” said Cameron Muir, BCREA Chief Economist.
BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 2.1 per cent from 76,817 units in 2011 to 78,400 units this year, increasing a further 2.7 per cent to 80,500 units in 2013. The 15-year average is 79,000 unit sales. A record 106,310 MLS® residential sales were recorded in 2005.
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Are you always wondering WHO is buying homes here in the Okanagan and WHERE are they coming from? Welll. . . The results of OMREB's December 2011 Buyers Survey are in!
For more Kelowna Real Estate, go to www.BriggsOnHomes.com
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January 2012 Su Mo Tu We Th Fr Sa 25 26 27 28 29 30 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 2 3 4 Upper Mission, Kelowna - We invite everyone to visit our open house at 794 Breeze Place on January 29 from
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January 2012 Su Mo Tu We Th Fr Sa 25 26 27 28 29 30 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 2 3 4 Southeast Kelowna, Kelowna - We invite everyone to visit our open house at 4283 Bedford Road on January
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Located on Quiet Cul-De-Sac • 3,015 sq. ft., 4 bath, 4 bdrm 1 1/2 story "Fully Finished on 3 Floors" - MLS® $629,000 - Perfect Family Home! Upper Mission, Kelowna - Perfect family home located on quiet Upper Mission cul-du-sac. 4 Bedrooms,
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Stunning lake & vineyard views • 2,885 sq. ft., 4 bath, 4 bdrm single story "Craftsman Style Home" - MLS® $698,700 - $33K Below Assessed Value Lakeview Heights, Westbank - Wake up to stunning lake & vineyard views from this
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Fully Renovated with Swimming Pool • 3,180 sq. ft., 3 bath, 5 bdrm 2 story - MLS® $699,500 - Gorgeous .46 Acres! Southeast Kelowna, Kelowna - Gorgeous Country setting for this 3,100+ sq.ft. fully renovated home with Lakeviews & Inground swimming
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BCREA Reports - Home Sales Increase Last Year. The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in BC climbed 14.3 per cent to $43.1 billion in 2011. A total of 76,817 homes were sold in BC in 2011, up 2.9 per cent from 2010. The average annual MLS® residential price climbed 11.1 per cent to $561,026 over the same period.
For more Kelowna Real Estate call Jaime Briggs, Coldwell Banker Horizon Realty at 250-860-7500 or go to www.BriggsOnHomes.com
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I'm actually feeling quite optimistic going into 2012. In my mind, the Kelowna Real Estate Market for 2011 actually ended off quite good considering. Well, 'quite good' compared to what all the negative nay-sayers out there keep saying about the real estate market. And really when we look at the year-end 2011 stats, what's not to love about them? Again anything is better than what occurred a few years back. So to have a year, similar to last year, means that the Kelowna real estate market has returned to a stable market. And December too really finished off with a bang...!
For more Kelowna Real Estate, call Jaime Briggs at 250-860-7500 or go to www.BriggsOnHomes.com
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