The Bank of Canada decided to leave the target for the overnight policy rate unchanged at 1.25 per cent this morning. In the statement accompanying the decision, the Bank noted that inflation is forecast to be slightly higher in 2018 than originally expected but will return to the Bank's 2 per cent target once the impact of higher gas prices and minimum wage increases dissipate.  While the mortgage stress test has been a contributor to weaker growth in the first quarter of 2018, the Bank expects the economy to be operating at above potential over the next three years, growing at an average rate of about 2 per cent.

Although the Bank held steady today, with inflation rising to the Bank's two per cent target and many Canadian firms operating at or near capacity, interest rates are very likely headed higher this year.  Headwinds from the trade sector have moderated, energy prices are higher and growth for the first quarter appears to be firming after a slow start. Given those trends, the Bank is likely to adjust its policy rate higher in coming months. That will translate to higher mortgage rates which, combined with the erosion of purchasing power from the mortgage stress test, will temper housing demand in 2018.

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

We just listed a new property located at 4123 Ponderosa Drive in Peachland.
PANORAMIC LAKE VIEWS AND COMPLETE PRIVACY!! This Home is situated on a Half-Acre Lot and offers a very Private Setting! There are 5 Beds + 4 Bathsthe Master is on the Main and there are 4 Beds Up (1 of the Bedrooms Up has its own Ensuite). The Kitchen has Granite throughout and has been RECENTLY UPDATED offering new Flooring, Kitchen Cabinets, and a Beautiful Stainless-Steel Appliance Package inc Gas Range! Off the dining area is direct access to a Large Deck and your Private Yard! This home also has an ABUNDANCE of PARKING for an RV or whatever your needs might be, and it has an Oversized Double Car Garage which an includes a Heated Workshop or Man-Cave! The property is Fully Fenced and has a Dog-Runperfect for the family pet! There is even a man gate on the property that gives you direct access to the Trepanier Cr Trails or a nice stroll to the Elementary School & Shopping! This is truly a special property!! Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact us - Lee (250)575-5455 or Rob (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information! (id:2493)

We just listed a new property located at 5025 TREADGOLD Court in Kelowna.
UPPER MISSION SHOW STOPPER!! This 4 bed (could be 5), 4 bath home has AMAZING CURB APPEAL! The main floor features an open concept great room, master bedroom with ensuite, walk in closet, den/office and a large deck overlooking the POOL SIZED YARD!! Upstairs includes 2 bedrooms connected by an amazing bridge hallway and a HUGE BONUS ROOM FOR THE KIDS TO ENJOY!! Downstairs has a rec room with tons of open space, another bedroom and a flex room that could be a gym, home office, or another bedroom. This house IS LOADED WITH HIGH END FINISHING'S including; crown moldings, trayed ceilings, wainscoting, an open beam staircase, granite counters & a stunning floor to ceiling stone fireplace!! No disappointments on this one, the attention to detail and craftsmanship is second to none. 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)

We just listed a new property located at 1743 Capistrano Peaks Crescent in Kelowna.
STUNNING QUAIL RIDGE WALKOUT RANCHER WITH A HUGE 40 ft RV GARAGE!! This immaculate custom built home features a grand entrance with almost 2,300 SF on the main floor, 11 ft trayed ceilings, stone fireplace, quartz counter tops, high end Wolf/Sub Zero stainless appliances & large master bedroom with a spa like ensuite!! The lower level features 2 additional bedrooms, a large rec room with wet bar & a 450 sf MEDIA ROOM!! At the rear of the home is a 40 ft driveway leading into the 40 ft x 14'4 ft RV BAY WITH A 13 ft HIGH DOOR complete with a 30 amp RV plug that could also be used as a SHOP!! Other features include; a dual zone heat pump system, low maintenance yard, California shutters, built-in speakers, built-in vac, crown moldings and a covered deck with AIRPORT & VALLEY VIEWS! The airport, UBCO, QUAIL & BEAR CHAMPIONSHIP GOLF COURSES and the growing Airport Village amenities are only minutes away!! 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)

We just SOLD a 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)

We just listed a new property located at 1726 Carnegie Street in Kelowna.
ABSOLUTELY STUNNING BUILDING LOT IN KELOWNA'S HIGHEST RESIDENTIAL SUBDIVISION!!! The amazing views from this lot capture the entire valley spanning from the Airport to Peachland! It feels like you are on top of the world but still central to the city!! This specific lot is situated to maximize privacy between you and the neighbors. Did we also mention this property is part of the Black Mt Golf Course Communitywhich offers a beautiful Golf Course, Tennis Crts, Playground, Walking Trails and only a 30 min drive to Big White! GST HAS BEEN PAID!! CLICK MULTI-MEDIA TAB TO WATCH HD VIDEO!! Contact THE DION-IVANS REAL ESTATE TEAM (250-575-5255) of Royal LePage Kelowna for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)

For some homeowners, the process of listing, showing and selling
their home can be stressful. Fortunately, there is plenty you can do to
make it much less nerve-racking—and even exciting and enjoyable.
Here are some ideas:
1. Make a plan. Decide when you’re going to show your property,
search for a new home, view listings, etc. Block out these times in an
agenda book or calendar. That way, you and your family can see
what’s coming up.
2. Be flexible. Few things go exactly as planned! So, it’s important to
build in flexibility. For example, you may plan to see homes for sale
on Saturdays, but if an opportunity comes up on a weeknight, give
yourself room in your schedule to jump on it.
3. Eat well. There are numerous studies that connect poor nutrition with
increased stress. When people are selling and moving, there’s a
tendency to rely on quick fixes, such as hot dogs and pizza! Try to
plan more nutritious meals that will keep everyone healthy and
4. Get stuff done early. Doing things last minute, such as finding a real
estate lawyer or getting rid of clutter, can quickly lead to stress and
frustration. Whenever possible, get tasks done early. That way, you
won’t have to worry about them.
5. Hire the right professionals. By far, the surest way to a stress-free
move is to get the right professionals working for you: everyone from
contractors to mortgage brokers to movers.
By the way, a big part of what I do for clients is help make every
aspect of buying, selling and moving go smoothly.

Contact us to learn how we can help you!!


We just listed a new property located at 1309 Bentien Road in Kelowna.
SPOTLESS FAMILY HOME WITH AMAZING CITY & LAKE VIEWS!! This 5 bed (3 on the main) home has been meticulously cared for and features; an open concept living room which is perfect for entertaining, a gas fireplace, stainless appliances, a NEW ROOF WITH SKYLIGHTS for additional natural light & A LARGE 1 BED SELF CONTAINED SUITE!! You can choose to relax on large deck at the front and take in the PANORAMIC LAKE VIEWS, or BBQ on the back patio which leads out to the flat backyard!! 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)
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