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      Media Advisory The Real Estate Market and Implications for the Okanagan: Exclusive Inside Look from Industry Experts

      KELOWNA, June 22, 2009 – The Okanagan real estate market has gone through a dramatic shift in the past year, leaving buyers and sellers with questions.

      Media are invited to hear from a panel of real estate and economics experts and to participate in a question and answer session on the real estate environment in Kelowna and the Okanagan area. Discussion points include:

      • Is the market literally opening doors for first-time homebuyers?
      • Is now the right time to buy or will prices continue to fall?
      • What trends are appearing in the market?
      • What about interest rates and affordability?

      What:

      BMO Real Estate Media Panel discusses trends and prospects
      Who: Cliff Shillington, Owner/Managing Broker, REMAX Kelowna
      Howard Rensler, President, 2008-2009 Canadian Home Builders Association; Sales & Marketing Manager, Dilworth Homes Kelowna
      Sal Guatieri, Senior Economist, BMO Capital Markets
      Guy Cole, Area Manager, Mortgage Specialists, Kelowna, BMO Bank of Montreal
      When: June 24, 2009, 10:00 a.m. – 11:00 a.m. PDT
      Where: BMO Bank of Montreal's Kelowna Main Office Branch
      294 Bernard Avenue, 3rd Floor Boardroom

      Teleconference Call Line for out-of-town reporters: 1-866-386-7641
      Pass code 8756972#

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      For further information: