RSS

NEW LISTING
We just listed a new property located at 726 Coopland Crescent in Kelowna.
UPDATED KELOWNA SOUTH HOME WITH RU7 ZONING!! This centrally located home features a fully self contained LEGAL SUITE in the basement and a detached 20' x 12' garage with LANE ACCESS & LOTS OF PARKING!! Tons of updates have been already done including, kitchens, windows, A/C, flooring, landscaping...the list goes on! There are lots of options for this house - generate approx $3,500 rental income or utilize the RU 7 ZONING WHICH ALLOWS UP TO 4 DWELLINGS!! THIS PROPERTY IS LISTED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
Read

The Bank of Canada opted to maintain its target for the overnight interest rate this morning at 1.25 per cent.  In the statement accompanying the decision, the Bank noted that although growth in the Canadian economy slowed more than expected in the fourth quarter of 2017, the economy is expected to operate at capacity going forward. The bank cited recent trade policy developments, mainly the threat of a trade war with the United States, as a significant risk to its outlook for growth and inflation.

The Canadian economy is at or very close to full-employment, meaning there is little room for Canadian firms to expand output without putting undue pressure on inflation. There are signs core inflation is already firming up. Two of the Bank’s three core inflation measures are closing in on the Bank’s 2 per cent target and all three measures have increased significantly in the past six months. Absent any unforeseen challenges to the Canadian economy, monetary policy will be biased in the direction of higher interest rates.  However, the Bank will likely hold off raising its overnight rate while it assesses the impact of tighter monetary policy over the past year, the impact of newly implemented B-20 guidelines on mortgage qualification rules, and heightened risk to Canadian exports from US trade policy.

 

“Copyright British Columbia Real Estate Association. Reprinted with permission.”

Read

NEW LISTING
We just listed a new property located at 1055 Lawrence Avenue in Kelowna.
The Marquis - A Wonderful 55+ Building that has been Meticulously Maintained! This Spacious 2 Bedroom + 2 Bathroom Condo is situated on the Private and Quiet South Side of Building. This Home Shows AAA+ and has been very well taken care of!! The are many Updates throughout and this Unit has an Enclosed Deck! It's Centrally Located within Walking Distance to Shopping, Doctor's Offices, Transit and much more. No Rentals - Small Pet Ok. Contact THE DION-IVANS REAL ESTATE TEAM (250-575-5455) of Royal LePage Kelowna for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information. (id:2493)
Read
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.