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Monthly Archives: July 2017

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Welcome-TO-Letnick-Estates

July 2017 Kelowna Real Estate Report

Business, Kelowna Market UpdateBy Oakwyn Realty Okanagan Letnick EstatesJuly 10, 2017

Average Prices Welcome to June 2017 where house prices in the Okanagan have continued to hit record highs along with the temperatures. When we compare the average price of homes in the Okanagan from June 2017 to June 2016 we can see the following: Residential homes increased roughly 16.99% Mobile homes increased roughly 24.56% Condos…

bank-of-canada-historic-rates

Bank of Canada Might Increase Base Interest Rates

Interest RatesBy Oakwyn Realty Okanagan Letnick EstatesJuly 5, 2017

Interest rates in Canada might be going up and this time the warning should be taken seriously. Are you considering buying a house now? It seems that the Bank of Canada is considering increasing the benchmark interest rate (Source: Bank of Canada, CBC News). Now might be the time to consult with a mortgage broker…

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