CMHC 2016 Housing Market Outlook Kelowna CMA released

  • An expected increase in multiple-family housing starts along with steady
    construction of single-detached homes will result in a rising number of total
    housing starts in 2016 with some leveling off in 2017.
  • „ MLS® average prices are forecast to continue to post modest gains over the
    forecast period underpinned by population driven demand for homes and
    declining number of active listings relative to sales in the Kelowna area.
  • Population growth is expected to remain elevated through 2017 while
    employment is expected to pick up in the latter half of 2016 and continue
    into 2017

Link to CMHC Report

2016-05-18T14:59:49+00:00May 18th, 2016|Categories: Articles, Market Intelligence|