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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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Princeton Real Estate Update

Posted on Apr 03, 2023



Based on the real estate data available year-to-date up to March 2023, the Princeton real estate market appears to have slowed down compared to the same period in the previous year.

As of March 2023, there are 69 active listings in Princeton, and although historically a low number, increasing number of homes on the market will offer more choice to h...

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Vacation Rentals in The RDOS

Posted on Apr 03, 2023


Do you plan on listing your property as a short term vacation rental? The Regional District of Okanagan-Similkameen (RDOS) has implemented a policy to only permit short-term vacation rentals through the application of a Temporary Use Permit (TUP). This means that property owners who wish to rent out their property for short-term stays, such as on p...

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Government Amends The Foreign Buyer Ban

Posted on Mar 30, 2023


Amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act Regulations

March 27, 2023

As a result of the advocacy from the real estate boards and the real estate sector as a whole, the federal government has announced changes to the regulations that guide the foreign homebuyers ban to expand exceptions to allow Non-Can...

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Potential Taxes When Selling Your Primary Residence

Posted on Mar 02, 2023



The principal residence exemption is perhaps the most often used, the most taken for granted and, likely, the least understood income tax exemption available to taxpayers. Simply put, the rule is that for any capital gains on the sale of real estate to be exempt from taxation, the residence sold must be the principal residence of the taxpayer. As i...

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Real Estate Year in Review 2022

Posted on Dec 21, 2022



Another year has come and gone and what a year it has been! As I reflect on all of our many accomplishments, I can’t help but feel very proud and excited about the future of Century 21 Horizon West Realty. 

I would some up 2022 as the year of TRANSITION... 

This began early in the year with the conversion of our regulatory framework into the BC Financi...

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