Coldwell Banker Executives Realty - Salmon Arm

09/02/2026

BANK OF CANADA HOLDS AT 2.25%

No surprise today — the Bank of Canada left its overnight rate unchanged at 2.25%. Rates are stable, which is good news for buyers and anyone with a variable-rate mortgage. Inflation is still keeping the Bank cautious, so I wouldn’t be counting on a rate cut anytime soon. Trade issues with the U.S. and ongoing geopolitical uncertainty are still the big wild cards because they can push prices up while slowing the economy at the same time. From a real estate standpoint, I think the message is pretty clear: Don’t sit on the sidelines waiting for dramatically lower interest rates to save the market. The mid-terms in the US are right around the corner, the Ban on Foreign Buyers is set to either expire or more likely be rewritten on January 2027, with lesser constraints and the trade war is likely to find a solution all by the end of the year. These are positive vectors that will help consumer confidence for those buyers who have been sitting on the fence.

And for sellers, pricing is still everything. The market is moving, but buyers know the market is tough and they are moving slowly and making offers that reflect a tough market.

The next Bank of Canada rate announcement is October 28, 2026.

TheBCHomes.com
Coldwell Banker Executives Realty

08/28/2026

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08/27/2026

Where do you get your real estate market information?

Bill Hubbard of Coldwell Banker Executives Realty explains why attention-grabbing headlines don’t always tell the full story—and why reliable data, local market knowledge, and long-term trends matter when making real estate decisions.

Learn more at TheBCHomes.com

https://thebchomes.com/Blog/WheretoFindReliableBCRealEstateMarketInformation

Not every real estate headline tells the full story. Learn where to find reliable BC real estate market information, local data and expert insights.

08/25/2026

Shuswap/Revelstoke Housing Summary
Detached housing

YTD Sales of detached houses down 3 %
YTD Absorption down same
YTD average detached house prices UP 4%
One of the stronger markets in the interior. Driven primarily by Revelstoke

Shuswap/Revelstoke Review Video:
https://lnkd.in/gUCZkXRM

Coldwell Banker Executives Realty
TheBCHomes.com

08/22/2026

BCREA (British Columbia Real Estate Association) is anticipating a slightly better year in 2027 than 2026, but the improvement is expected to be slow and gradual, with the market continuing to face challenges from persistent geopolitical volatility.

In my opinion, this is nothing to get excited about—YET.

Sales remain relatively flat in the Interior and are down in the Lower Mainland. As anticipated last year, 2026 is turning out to be somewhat better than 2025, but we’re still a long way from what I would call a strong market
There are a few reasons for cautious optimism heading into 2027, including:

• The federal foreign buyer ban is scheduled to end January 1, 2027

• A potentially different political climate in the U.S. following the midterm elections

• The possibility of a new Canada-U.S. trade agreement

• And the hope that the conflict involving Iran will come to an end, one way or another, sooner rather than later

So, better? Probably.

Boom? Not likely.
Something to get excited about? Not yet.

As always, the market will ultimately be driven by interest rates, affordability, consumer confidence, employment and—perhaps more than anything right now—what happens geopolitically.

TheBCHomes.com
Coldwell Banker Executives Realty

08/19/2026

Canadian inflation rose from 2.8% in June to 3% in July. What could this mean for you?

The increase was primarily driven by fuel costs, although other cost-of-living factors also contributed. The Bank of Canada aims to keep inflation near its 2% target. When inflation rises, it may consider increasing interest rates to help slow spending and bring inflation back under control.

The Bank of Canada’s policy rate has remained unchanged for the past six announcements. However, this rate primarily affects variable-rate mortgages. Fixed mortgage rates are influenced more closely by government bond yields. Bond yields have recently increased slightly, which has contributed to a modest rise in fixed mortgage rates.

Mortgage rates will likely remain relatively steady for the balance of the year, although economic conditions can change.

Interested in learning more about home prices in your area—or discovering what your home may be worth?

Visit TheBCHomes.com to connect with one of our local real estate professionals.

With offices throughout British Columbia:

Abbotsford ● Castlegar ● Enderby ● Kamloops ● Lake Country ● Maple Ridge ● Revelstoke ● Salmon Arm ● Sicamous ● Trail ● Vernon ● White Rock

08/17/2026

A look at average single-family residential sale prices across British Columbia for July 2026.

Real estate markets can vary significantly from one region to the next. Whether you’re planning to buy, sell, or simply want to understand your local market, trusted advice and accurate information matter.

Learn more at TheBCHomes.com

📍 Abbotsford • Castlegar • Enderby • Kamloops • Lake Country • Maple Ridge • Revelstoke • Salmon Arm • Sicamous • Trail • Vernon • White Rock

08/16/2026

New Price
$2,500,000

1277 Trans Canada Highway, Sorrento, B.C.
MLS® 10371514

One property. Multiple revenue streams.

This prime Shuswap investment offers a 22-unit motel, the 116-seat Copper Island Bar & Grill, mini golf and ice cream operations, plus approximately 3.5 acres of undeveloped land—all on 5.11 acres in Sorrento.
Now offered at $2,500,000. Vendor financing may be considered with a strong covenant and down payment.

William Hubbard
REALTOR®
250-550-4221
[email protected]

08/15/2026

BC WILDFIRE RELIEF — OUR NEIGHBOURS STILL NEED US

As wildfires continue to affect communities across British Columbia, thousands of people remain displaced and many families are facing devastating losses. Current reports indicate that more than 20,000 people have been evacuated.

Funds raised through our GoFundMe will be donated to The Salvation Army to help provide food, clothing and essential household items to individuals and families impacted by the wildfires.

If you are able to contribute, please know that every donation—regardless of its size—can make a meaningful difference.

Donate here:
https://gofund.me/961be2e76

Thank you for helping us support our neighbours during this incredibly difficult time.

08/15/2026

Start this fall. Be ready for spring.

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At Coldwell Banker Executives Realty, our support begins before you are licensed with personalized real estate exam coaching designed to help you prepare for and pass the licensing exam. Once licensed, you will continue to receive weekly training, experienced broker support, advanced technology, and practical strategies to help grow your business.

Your spring career starts now.

BCRealEstateCareer.com