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capital gains tax on kelowna homes

Understanding the Impact of New Capital Gains Tax Rules on Kelowna Real Estate

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The federal government has announced significant changes to the capital gains inclusion rate, which will affect individuals, trusts, and corporations starting June 25, 2024. These changes have important implications for those involved in the…
mortgage advice for variable rate holders and renewals in kelowna

How to Afford Interest Rate Changes for Homes for Sale in Kelowna BC

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Since 2022, interest rates have been fluctuating, causing a point of concern for many Canadian residents. With rates trending upwards, Kelowna homeowners have found it challenging to hold on to homes for sale in Kelowna BC. This is especially…
hilbert and crick real estate group award winning kelowna real estate team a

Kelowna’s Hilbert&Crick Real Estate Group Is Winning Prestigious Awards and Community Recognition

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Kelowna, BC - May 9, 2024 - The Hilbert&Crick Real Estate Group, led by Becky Hilbert and Dallas Crick, continues to carve out a remarkable legacy in Canada's real estate landscape. Their recent accolades and community recognition underscore…
short term rental houses for sale in kelowna

Advice For Short-Term Rental Property Owners who Own Real Estate in Kelowna

New short-term rental restrictions have undoubtedly impacted real estate in Kelowna. With the initial legislation now in effect, property owners will be required to comply with the government’s regulations. For some, this might mean attaining…
Kelowna BC Real Estate str exemptions new

Exciting New Short-Term Rental Exemptions Available for Kelowna BC Real Estate!

New short-term rental (STR) legislation that was proposed in 2023, is finally about to take effect come May 1. The proposed changes were intended to provide stricter enforcement tools for local governments, new requirements for STRs, and new…
Kelowna Real Estate

Kelowna BC Real Estate for Sale: How to Renew Your Mortgage?

After exiting the pandemic, Canada’s housing market boomed. With borrowing rates at all-time lows, many buyers had more power than in previous years. This allowed several Canadians to acquire homes that they wouldn’t normally be able to…
kelownas real estate market

Kelowna’s Real Estate Market Reacts to Becoming the Fastest-Growing City in Canada

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Kelowna's real estate landscape finds itself at a crossroads, shaped by immigration, short-term rental restrictions, and pressing affordability concerns. The city's robust population growth, becoming the fastest-growing Census Metropolitan…
december real estate sales kelowna bc

Central Okanagan Monthly Real Estate Market Summary – December 2023

In Central Okanagan, the residential real estate market experienced a notable slowdown in December 2023 due to persistently high-interest rates, according to the Association of Interior REALTORS®. The area recorded 528 residential unit…