Kelowna boasts highest vacancy rate of any Canadian metropolitan area
Rental signs are popping up everywhere in Kelowna, B.C., where the vacancy rate has soared to the highest of any Canadian metropolitan area. “Supply increased, demand decreased and as a result, we are seeing a softer rental market,” said Shiva Moshtari Doust, B.C. lead economist with the Canadian Housing and Mortgage Corporation (CMHC). According to…
