Lakestone | Real Estate Market
Kelowna Named Top Emerging Real Estate Market in Canada
February 23, 2022
High-growth potential and key performance indicators such as population, GDP per capita, employment, income, and housing prices, has lead Kelowna to be named as the top emerging real estate market in Canada.
Kelowna, located just 15 minutes south of Lake Country, has materialized as one of the markets to watch due to its high employment rate and strong construction and healthcare sectors. Solid fundamentals and well-priced investment opportunities paired with promising growth and investment potential have allowed Kelowna’s real estate market to continue to thrive. In the summer of 2021, the median price of a Kelowna single-family home topped more than $1 million, up more than 22 per cent from a year earlier.
Click HERE for the full article from Global News.
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