Condo Market

vernon-british-columbia

Vernon’s mayor predicting city is on the verge of significant growth

By Global News The City of Vernon is optimistic about the future of development in the city. Statistics show an upswing in the construction of residential spaces in 2016 and a number of large projects are also in the planning stages. The rosy picture has the city’s mayor predicting big changes for Vernon in the years ahead. View Original Article and Video at Global...

Cambridge House Condos

From The Daily Courier – Tiny condos a big hit

By Steve MacNaull People are willing to live in tiny condominiums if the price, location, amenities and efficiencies are just right. “The price point was the most obvious advantage,” said Rob Hager, who is managing sales for the Cambridge House micro-suite building being built at the corner of Highway 97 and Ethel Street. “There’s nothing brand new in the Okanagan under $200,000, let alone...

From Castanet – Itty bitty living space

By Jennifer Zielinski Dubbed "smart" studio living, a new condominium will offer uniquely designed micro homes that start selling at just $100,000. The Cambridge House will offer an opportunity to live downtown, close to amenities for an affordable price. However, the majority of the suites might be a whole lot smaller than homeowners are used to. At 313 square feet, the majority of suites will...

Another Banner Year in the Okanagan. Will New Homes follow?

Welcome to 2016! How good can it get? Inventory levels steady at approximately 10,000; sales closing in on 6,000 and average price increasing to over $425,000. This is all fantastic news for the resale market but will it translate to the New Home market? The following statistical information (MLS year-end listings, sales and average prices from 2007 through 2015) illustrates positive resale...

What? No condo market?

Further to the article “Optimistic outlook helps fuel real estate market resurgence” dated Friday August 1, 2014 in the Capital News, it is noted within the article that “condos have yet to make a comeback”. This statement is not entirely true and I would like to assert that there is indeed resurgence in the condominium market. Tactx Project Sales & Marketing Inc. has been involved in two...

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