News

Gorman Group Acquires Weyerhaeuser’s Princeton Lumber Mill

Posted on Aug 05, 2025



Princeton, BC – In a significant win for local industry, Gorman Group, the family-owned wood products company based in West Kelowna, has agreed to purchase Weyerhaeuser’s lumber mill in Princeton for approximately C$120 million in cash.


Key Highlights of the Transaction


• Scope of the Deal: The acquisition includes Weyerhaeuser’s Princeton manufactur...

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Fire Safety: Protecting Kids in Princeton

Posted on May 14, 2025



Century 21 Horizon West Realty is a proud supporter of the Princeton community Fire Safety Net program.


Just as C21 agents strive to help their clients make smart moves for their real estate transactions, the Fire Safety Net program educates our youth and families about the hazards of fire. Knowledge is power and will help young readers make their...

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Real Estate Market Update

Posted on May 08, 2025

Trends and Insights


As we head into the active spring market, Princeton has seen steady sales this year, reflecting both growing buyer interest and evolving pricing dynamics. A strong local economy, desirable lifestyle and relatively affordable real estate are contributing factors to the current market. Whether you're looking to buy, sell, or simpl...

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Housing Markets Post Strong Rebound in October

Posted on Nov 25, 2024

Vancouver, BC – November 25, 2024. 

The British Columbia Real Estate Association (BCREA) reports that 7,119 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in October 2024, up 33.5 per cent from October 2023. The average MLS® residential price in BC in October 2024 was up 0.3 per cent at $970,845 compared to an averag...

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Kevin Falcon, Leader of BC United Speaks with Brokers of Century 21

Posted on Mar 06, 2024



What a great visit we had on Tuesday with KEVIN FALCON, leader of BC UNITED party.

We were excited to have Keven Falcon, the leader of the BC United party to join in on our C21 brokers zoom meeting to discuss the current housing situation and the BC United’s platform for the future of British Columbia. 

We at Century 21 understand the housing challeng...

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Bank of Canada Interest Rate Announcement

Posted on Mar 06, 2024



The Bank of Canada maintained its overnight rate at 5 per cent this morning. In the statement accompanying the decision, the Bank noted that economic growth is slow, wage pressures are easing, and the economy overall appears to be in a state of modest excess supply. On inflation, the Bank cited that shelter costs remain the largest contributor to i...

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