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Lee Researching Real Estate

Market Update Nov 2023

Posted on Nov 30, 2023



With only one more month to finish the year, we now have a good idea how the Similkameen real estate market fared so far in 2023. The data shows that unit sales have fizzled out compared to last year as interest rates continue to be a big challenge for potential buyers.

November is the first month in 2023 where listing inventory has fallen as listin...

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Princeton Real Estate Year in Review 2023

Posted on Nov 30, 2023



Highlights

  • Year-to-date property sales are down -27% compared to 2022
  • Average sale price is down -7% compared to 2022
  • 35% of all new listings sold year-to-date
  • Lowest unit sales numbers in a decade
  • Expect a flat real estate market for 2024
  • Interest rates remain a top concern for first half of 2024
  • A surge in population growth will continue to affect housi...

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Legislative Changes to Housing in BC

Posted on Nov 16, 2023


Short-Term Rentals:


Only a few weeks ago the provincial government announced new legislation to comprehensively change how short-term rentals are regulated. The new regulations are intended to give municipalities and the province more power to regulate short-term rentals across the province. The new legislation will:

  • As of May 2024, limit short-term...

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Real Estate 3rd Quarter Update

Posted on Oct 04, 2023

Princeton Real Estate Market Update - September 2023


As summer transitions into fall, the Princeton real estate market continues to exhibit distinctive trends. Here is a snapshot of the key statistics for September 2023:




**Active Listings:**

Currently, there are 119 active listings in the Princeton area, providing prospective buyers with a variety of...

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Princeton Real Estate Market Update: Mid-Year Review 2023

Posted on Jul 04, 2023



Welcome to my Princeton B.C. Real Estate market update, where I provide you with the latest updates on the local housing market. In this mid-year review, we'll delve into the year-to-date statistics for Princeton, showcasing key insights and trends. Whether you're a prospective buyer, seller, or simply interested in the local real estate scene, thi...

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Princeton Real Estate Update

Posted on May 02, 2023

Princeton BC Real Estate Market Update: May 2, 2023

The real estate market in Princeton, BC saw a mix of activity in April 2023, with some increases and decreases across different metrics. Here's a closer look at the latest Princeton BC real estate stats:



New Listings
There were 32 new listings added to the market in April 2023, which is a 4% increase...

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