Kelowna Becomes Western Canada’s Investment Hot-Spot
Kelowna Becomes Western Canada’s Investment Hot-Spot
While the weather may be cooling down, Kelowna’s housing market continues to heat up. Western Investor just selected Kelowna as the #1 hot-spot for real estate investment in Western Canada, largely due to our city’s increasing levels of housing production, office vacancy rates, and high-volume airport traffic despite the current population size. With a lot of new units under construction and no signs of slowing down, the residential, commercial, and industrial markets are all set to succeed this year.
And it looks like we’re not the only ones – the MLS is reporting that BC’s overall home sales increased 19.3% year-over-year in October, with Greater Vancouver area sales increasing a whopping 45%! With all this activity, the average price of a home in BC has gone up 5.1% according to BCREA.
Are you as excited as I am? Let’s talk about how to make the most of this incredible local market potential!
Additional Reading
Condo Season in Kelowna
The Kelowna lifestyle is now more accessible than ever. With the influx of options we’re seeing in the local condo market, not only is downsizing becoming more and more appealing, but so is a whole new quality of life that most home-owners in our area have only...
Perfect Timing for Right-Sizing
Is now the right time to consider upsizing or downsizing? When taking a look at June 2025’s market stats, the Kelowna real estate market is showing compelling insights for homeowners to strongly consider both options. With interest rates holding steady, inventory...
Lake Life Still Sells
As the Canadian real estate market continues to cool down in major city centres like Toronto and Vancouver, Kelowna and the Central Okanagan are charting their own course. While national headlines focus on declining sales and slowing price growth, our lovely little...
