The Creston, BC Housing Situation is CRAZY. Market Update June 2026
Craig Bell
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The Creston, BC Housing Situation is CRAZY. Market Update June 2026
493 просмотра · 2 месяца назад
Craig Bell
268 подписчиков
493 просмотра · 2 месяца назад
Creston BC real estate — sales dropped 57% in May but the benchmark went UP 7.0%. Here's why those two numbers tell completely different stories, and what it actually means for buyers and sellers in the Creston Valley right now.
What we cover:
🏠 SF: 6 sales (-57.1% YoY) | Benchmark $484,400 (+7.0%) — highest appreciation in West Kootenay
🌲 Creston Rural: 2 sales | Benchmark $598,200 (+5.2%) — the orchard and acreage premium
🏘️ Townhouse: 0 sales | Benchmark $469,300 (-1.3%) — what it means in a small market
📍 Why the -57% sales number needs serious context (and why it's not alarming)
📍 Who is actually buying in the Creston Valley — the intentional lifestyle buyer
🏦 Bank of Canada 2.25% — what it means for Creston's buyer profile
💡 Honest read for both buyers and sellers
KEY STATS — May 2026:
SF Benchmark: $484,400 (+7.0% YoY) — strongest appreciation in West Kootenay
SF Sales: 6 (-57.1% YoY) — context: went from ~14 to 6 in absolute terms
Rural SF Benchmark: $598,200 (+5.2%) — $113K rural premium
TH Benchmark: $469,300 (-1.3%) | 0 sales
Regional SF average for comparison: $615,700 (+4.4%)
BoC Rate: 2.25% | Next decision: June 10, 2026
📞 Craig Bell | Personal Real Estate Corporation
RE/MAX Elk Valley Realty | Fernie, BC | 25+ years Kootenay experience
📷 @craigbellrealestate | 🌐 www.craigbellrealty.ca
#CrestonRealEstate #CrestonBC #CrestonValley #WestKootenay #KootenayRealEstate #BCRealEstate #MarketUpdate #June2026 #KootenayLake #CraigBellRealEstate