The Central Okanagan real estate market is off to a promising start in 2025. With rising sales activity, increased inventory, and climbing prices, there’s renewed confidence among buyers and sellers alike. Whether you’re planning to buy or sell, staying informed about these market trends is key to making smart decisions. Here’s a detailed look at the latest market insights and updates.

Real Estate Inventory Trends

The Central Okanagan region welcomed 334 new listings in January 2025, reflecting a modest 4.4% increase compared to the same period last year. Active listings climbed to 2,282—up 13.7% year-over-year—giving buyers more options and signaling a healthy balance between supply and demand.

Key Takeaway:

For buyers, this growing…

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If you’ve got enough cash burning a hole in your pocket, you might be considering skipping the mortgage entirely and buying a house outright.

It’s an enticing idea: no monthly payments, no interest piling up over decades, and immediate ownership of your dream home.

Cash transactions are increasingly common in the North American real estate market. In Canada, more than 20% of home sales in 2020 were all-cash deals, up from 18% in 2016. In the US, all-cash sales made up 38% of home sales in 2023, according to ATTOM.

But is it really smart to buy a house with cash in Canada? Let’s explore the pros, cons, and steps involved in making an all-cash purchase.

 

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Can You Buy a House in Full With Cash in Canada?

Yes, you can buy a house in…

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