The Vines on Inverness

09/27/2017

If you are thinking of invest and researching the Kelowna OK RE market, take a look at this very insightful and very well done report....http://www.hmcommercial.com/files/HM%20Commercial%20Report%20Full%20-%20Q3%202017.pdf.

07/27/2017

over 40% sold out in two weeks.......https://vimeo.com/192043767

This video is about The Vines on Inverness

04/26/2017

COurtesy of the creative work at BAM Comm

04/26/2017

Some new designs being added to this amazing community

04/26/2017

Inventory still at all time lows in the Okanagan, driving demand and pricing, no signs of letting up anytime soon:

http://globalnews.ca/news/3402962/vancouver-buyers-continue-fueling-kelowna-housing-market/

Another real estate giant has released its 2017 spring market trends report and it too confirms that Kelowna's housing market is very robust with sellers in the driver's seat.

01/24/2017

Highest ever!.....1.7 Million people travel through Kelowna airport in 2016.....a surging economy on all fronts that can't be ignored!....read more:

Source:

https://www.kelowna.ca/sites/files/1/docs/community/Publications/2016_year_in_review.pdf

01/20/2017

The Okanagan's one stop comparison shop.......Across the board, the future looks so good!

http://www.investkelowna.com/about-the-okanagan/okanagan-overview/how-does-okanagan-compare/

Learn about the Okanagan, how great it is to live here, how we stack up to our neighboring cities, and get in touch with us so we can help you move out here.

01/20/2017

72% Increase in Housing Starts.....Half a Billion in Wages....Crazy!

http://www.castanet.net/news/Kelowna/186351/Housing-boom-in-wages

The housing industry in Kelowna shelled out nearly half-a-billion-dollars in wages in 2016.

01/11/2017

Central Okanagan, values up a whopping 20% for single family & 30% for condos in 2016!

http://www.kelownacapnews.com/news/409562935.html?mobile=true

01/06/2017

Kelowna Forecast: rental vacancy rate of 1.5 per cent through 2017

With the completion of Kelowna’s Okanagan Centre for Innovation, the Okanagan’s biggest city has emerged as a top city for what is known as the TAMI sector – technology, advertising, media and information – and the hundreds of millennials it employs. There are now 140 TAMI firms in Kelowna, driving a forecast of employment growth of 2.2 per cent into 2017. The rental vacancy, now at 0.5 per cent, is expected to inch up next year but remain among the lowest in Canada.

Investors can find older rental apartment buildings in the $85,000- $90,000- per-door range with capitalization rates of 6 per cent. Also, Kelowna’s Rental Housing Grants program provides up to $320,000 in annual grants for purpose-built rental housing projects.

Seniors, a strong rental sector, now make up 20.6 per cent of Kelowna’s population. That’s well above the national average.

High populations of ‘TAMI’-sector millennials and seniors in these B.C. cities are broad indicators of current and future demand in the rental housing sector