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rental market
Kelowna plans to hand over city land in exchange for affordable housing
Kelowna city council has plans to lease city-owned land to developers at minimal cost in…
Kamloops residents left stranded as rented houses are slated for demolition
Homes slated for demolition in Kamloops are leaving current renters scrambling to find more housing,…
Rent on a two-bedroom apartment actually fell in Kelowna
Rental rates were unchanged in September for one-bedroom apartments in Kelowna and dropped in price…
Cost of renting an apartment jumped 16.5 per cent in Kelowna last month, or did it?
KELOWNA – A new report issued today by Rentals.ca says the cost of renting a…
Hundreds more rental apartments planned for Kelowna
KELOWNA – Kelowna city council is being asked to forego $320,000 in taxes to help…
How the low vacancy rate in Kamloops has left this family homeless
KAMLOOPS – It’s been almost two months since Kamloops resident Sheena-Lynn Peacock, her boyfriend and…
West Kelowna economy under threat by speculation tax, says mayor
WEST KELOWNA – Mayor Doug Findlater predicts the ruin for West Kelowna if the community…
Penticton, Kelowna renters spending nearly 30% of income on housing
KAMLOOPS, VERNON NOT MUCH BETTER THOMPSON-OKANAGAN - A new study shows people renting in the region are spending, on average, 24-29 per cent of their income on rent and utilities, putting the rental landscape in the poor to severe category. The B.C. Non-Profit Housing Association released the Rental Housing Index, in partnership with Vancity Credit...
More development doesn’t mean more rentals
PENTICTON - A recent study shows there are fewer rental units in Penticton than there were at this time last year, but can the city’s development department keep up with a shrinking rental availability? Anthony Haddad, the city’s director of development services said he hasn't received a lot of proposals for apartment buildings lately. However,...
Looking for an apartment in Penticton? Don’t be picky
PENTICTON — Finding a rental apartment may cost you, depending on what you’re willing to settle for. Rental costs are increasing in Penticton, but availability rates are on the decline, according to the spring Rental Market Survey released by the Canada Mortgage and Housing Corporation. The overall availability rates in Penticton have dropped in the...