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Kelowna Real Estate Market Looking Hot

By August 6, 2013No Comments

The real estate market in Kelowna is seeing excellent growth. With an increased demand for homes in Kelowna, the market for new homes and existing homes is growing. According to the Canada Mortgage and Housing Corporation, stronger employment growth in the area combined with low interest rates will support the increased demand in the Kelowna area. The demand for new homes in Kelowna neighbourhoods like Wilden is also growing. According to the same study, Kelowna and area housing starts are forecast at 1000 homes for 2013 and 1100 for 2014. This is up substantially from 836 in 2012. What does all this mean? Now is a great time to discover living in Wilden. Read the Full Report Here: Kelowna Real Estate Market Report