News & Advice regarding Princeton BC

Princeton Market Update November 2024

Posted on Dec 04, 2024

As we transition into the colder months, the Princeton BC real estate market continues to show interesting trends and developments. Here’s a snapshot of the market activity for November 2024.

Sales and Listings

In November 2024, Princeton saw 11 property sales, slightly down from the 13 sales in November 2023. Currently, there are 106 active listings...

New Mortgage Rules To Help Home Buyers

Posted on Nov 25, 2024

The Canadian government has announced significant changes to mortgage rules, set to take effect on December 15, 2024. These reforms aim to make homeownership more accessible, particularly for first-time buyers and those purchasing new builds. Here’s a breakdown of what you need to know:

Key Changes

Increased Cap for Insured Mortgages: The cap on insu...

Princeton Market Update (Oct 2024)

Posted on Nov 06, 2024

As the leaves turn and the temperatures drop, the Princeton real estate market continues to show resilience and growth. Here’s a snapshot of the latest trends and statistics shaping the market this October.

Princeton

Keremeos

Sales and Inventory

October 2024 saw a slight increase in sales compared to the same month last year, with 10 homes sold versus...

Princeton Market Update (Sept 2024)

Posted on Nov 05, 2024

Compared to the surrounding real estate markets, Princeton is showing improved sales figures overall. Seeing a whopping 51% increase of sales over last year is an amazing bounce back year, but if you look back to 10 years of sales history this is more comparable to the average years of 2014 and 2022, indicating how challenging the market was for 20...

Princeton BC Real Estate Market Update (August 2024)

Posted on Aug 06, 2024

As we approach the middle of summer, the real estate market in Princeton, BC has shown remarkable strength and resilience. This year has been particularly active, with a total of 82 properties sold, marking a significant 46% increase compared to the same period last year. This uptick in activity reflects the strong job market through various indust...

B.C. Restricts Short-Term Rentals

Posted on Jan 15, 2024

The British Columbia government has implemented new legislation to restrict those offering short-term accommodation to live on the property they're renting. This will force short-term rental platforms to share their data with the province for enforcement and tax purposes, and would limit short-term rentals to within a host’s own home, or a basement...

View Older Posts

Latest News