Kelowna’s 2040 Official Community Plan

Your Guide to Smart Real Estate Investment

Understanding how Kelowna's Official Community Plan shapes your property investment future

As your trusted Kelowna real estate professional, I'm excited to share insights about one of the most important documents shaping our city's future: the 2040 Official Community Plan (OCP) and its recent updates. Whether you're a first-time homebuyer, seasoned investor, or looking to relocate to the Okanagan, understanding these planning changes will help you make informed decisions about where to buy in Kelowna.

What is Kelowna's Official Community Plan?

The Official Community Plan is essentially Kelowna's blueprint for growth through 2040. It's a comprehensive policy…

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Central Okanagan Real Estate

Market Update – June 2025

July is here, bringing with it everything we love about summer in the Okanagan—sunny mornings on the lake, long golden evenings, and the unmistakable energy that fills our communities this time of year. While locals are soaking up the season, the real estate market is showing signs of steady, purposeful activity.

Here’s a breakdown of how things are shaping up across different housing segments in the Central Okanagan:

Detached Homes

Sales of detached properties were up 17% compared to June 2024, a clear signal that buyers are still active and confident in this category. Prices saw a modest lift, reflecting healthy demand and competitive interest—especially for well-located,…

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Canada Day in Kelowna: What to Do and Where to Go (For New Homeowners & Long-Time Locals Alike)

Whether you've just moved in or you've lived here for years, Canada Day in Kelowna is the kind of day that reminds you why you chose this city. With live music, food vendors, fireworks, and full-on community energy, July 1st is packed with ways to explore your neighbourhood and feel right at home.

Here’s your quick, all-in-one guide to enjoying Canada Day 2025 in Kelowna:

Kelowna Canada Day 2025 Schedule at a Glance

Prospera Place – FolkFest Stage: 10:00 a.m. – 3:30 p.m.
Arts Common – Kelowna City Band Concert: 10:00 a.m. – 12:00 p.m.
Pioneer Gardens – Century 21 Family Zone: 11:00 a.m. – 4:00 p.m.
Kiwanis Family Stage: 11:00 a.m. – 4:00 p.m.
Jim…

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Best Family-Friendly Neighbourhoods in Kelowna

If you're looking for a place where your family can grow, explore, and feel at home, Kelowna has no shortage of great neighbourhoods—but knowing which ones truly fit your lifestyle makes all the difference. Here's a look at the top areas families are choosing, based on real livability: schools, parks, amenities, and value.

Glenmore & North Glenmore

Close to downtown, but far from busy—Glenmore blends city convenience with suburban calm. It’s packed with parks, playgrounds, and greenways, and offers a mix of established homes and newer builds. Schools like Dr. Knox and Kelowna Secondary are strong draws. Locals love the walkability and family-first vibe.

Why buyers like it: Safe streets, great…

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Kelowna Condo vs Townhome:

What’s Right for You in 2025?

Choosing between a condo and a townhome in Kelowna isn’t just about square footage—it’s about lifestyle, location, and how you want your money to work for you. With the 2025 market shifting, affordability and functionality are back in the spotlight. Here's what buyers need to know before signing on the dotted line.

Price & Value in Today’s Market

In May 2025, the average condo in Central Okanagan sold for $516,379 while the average townhome came in at $698,299. Condos remain the more budget-friendly option, especially for first-time buyers or investors looking for lower entry points. But value isn’t just about price—it’s about what you get.

Townhomes tend to provide more space, better…

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First-Time Buyer

Tips for Summer 2025 in Kelowna

Thinking about buying your first home in Kelowna this summer? Here's what first-time buyers need to know—based on the latest numbers from May 2025.

1. Inventory Is Working in Your Favour

Inventory continues to climb across all property types, giving buyers more choice and more time. As of May, there were over 3,400 active listings in the Central Okanagan—a steady rise since earlier this spring.

Why it matters: More listings mean more leverage. Buyers have breathing room to shop, compare, and negotiate.

2. Detached Homes Are Selling, But Without the Rush

Detached home sales rose 3.2% year-over-year in May, with 450 homes sold. The average price increased 8.75% YoY to $1,150,234. Days on…

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Bank of Canada Holds Rate Steady at 2.75% 

What This Means for Okanagan Buyers and Sellers

The Bank of Canada held its overnight rate steady at 2.75% this morning, signaling a wait-and-see approach as trade uncertainty clouds the outlook. While some were hoping for a rate cut, Governor Tiff Macklem confirmed the Bank is not ready to move until it has clearer signals on how tariffs and global policy shifts are impacting inflation and growth.

Why the Hold?
Despite stronger-than-expected GDP growth in Q1 (2.2%), much of it was driven by businesses front-loading exports to avoid tariffs. Inflation dropped to 1.7%, largely due to the removal of the federal carbon tax, but underlying inflation (excluding taxes) ticked up to 2.3%. Core inflation is…

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Selling This Summer?

7 Expert Tips to Make Your Okanagan Home Stand Out

Summer is peak real estate season in the Okanagan—and the competition is heating up. Whether you're selling a lakeside retreat or a family home in Kelowna, these seven tips will help your property shine and attract serious buyers.

1. Boost Your Curb Appeal

Your home's first impression starts at the curb. Summer buyers are drawn to vibrant gardens, manicured lawns, and a fresh exterior.

Quick Wins:

  • Mow the lawn regularly

  • Add colorful planters or hanging baskets

  • Power wash driveways and walkways

  • Repaint the front door with a welcoming color

In the Okanagan heat, low-maintenance native plants like lavender or sage make a…

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How U.S. Tariffs Could Impact BC Housing

The potential for new U.S. tariffs on Canadian imports has sent ripples through the economy—and BC’s housing market won’t be immune. With rising tensions and uncertain economic forecasts, buyers and sellers in the Okanagan need to be prepared for how these changes could affect home prices, mortgage rates, and market activity in the months ahead.

The Economic Outlook: What’s Changing?

Canada’s economy was on track for stronger growth in 2025, but the threat of U.S. tariffs has changed the conversation. The U.S. is Canada’s largest trading partner, and any disruption to that relationship could slow economic growth, impact jobs, and trigger policy changes—all of which could affect real estate in BC.

What…

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Bank of Canada Cuts Interest Rate

What It Means for Buyers and Sellers

The Bank of Canada has just reduced its target for the overnight rate to 3%, a decision with wide-reaching effects that could influence everything from interest rates to the broader economy. While the full impact is still unfolding, here’s what you need to know as a buyer or seller in Kelowna, and how to make the most of these changes.

How the Rate Cut Affects Buyers

For those considering purchasing a home in Kelowna, the Bank’s interest rate reduction is certainly good news. A lower interest rate makes borrowing more affordable, which could translate into lower monthly mortgage payments for buyers. If you’ve been hesitant about entering the market due to high financing…

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