Today the Bank of Canada dropped its benchmark rate by another 0.50% to 3.25%. This is the fifth consecutive drop, following a 0.50% drop on October 23, 2024. Homebuyers couldn’t have asked for a better Christmas present.
If you considered purchasing your dream Kelowna townhome or securing your family’s private Okanagan vacation retreat earlier in the year and decided to “wait and see” your strategy worked! Now is the time to take advantage of the recent jumbo rate drops and secure your purchase price before pent-up demand causes prices to rise again. Move in before the holidays or begin 2025 with a fresh start in a new home. We have a variety of move-in ready townhomes including floor plans with elevators.
Give me a call on 250-819-9205 to discuss availability, pricing or to book a private tour. We are open by appointment Monday through Saturday. Let’s find the home that’s perfect for you. Jody