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
