Thompson Okanagan Annual Multi-Family Report

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research article

The Interior BC multi-family market remains strong as 2019 comes to a close, positive outlook continues for Q1 2020:

  • Kelowna average rent increased by 2.4% to $1,222
  • The last 12 months recording 14 notable transactions of apartment sales totaling just under $49 million
  • Strong migration patterns to the Central Okanagan driven by affordability and economic prosperity contributed to a 2.4% increase in population growth compared to the same period last year

 


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Thompson Okanagan Annual Multi-Family Report

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For More Information, Please Contact:

Jack Shabbits

Senior Associate | Sales & Leasing | Okanagan Valley

Kelowna

Jack joined Colliers Kelowna in May 2007 as a member of the Sales and Leasing team.  For the past fourteen years, Jack has been focusing on commercial sales and leasing and has gained valuable market knowledge in the Okanagan. 

Jack has a wide spectrum of experience in sales and leasing and will be focusing on the land, building, and investment sales.  Jack brings his extensive knowledge of inventory, market conditions, lease comparables, trends and financial analysis to each client relationship.

Jack's business background, combined with his experience and dedication to the industry, has made him a great asset to his clients and relationships.

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