Kelowna Vacancy Rate

• Kelowna’s saturated condo market being blamed in part to short-term rental restrictions

  The units for sale at the Playa building units are contributing to an increasingly saturated condo market in the Kelowna area.

  Canada

  Sep 8, 2025
  
• Free rent, move-in bonuses among incentives as Kelowna’s rental vacancy rate skyrockets

  According to the city, the rate has gone from 1.7 per cent in June of 2024 to 4.5 per cent in June of this year, benefitting renters with lower rental costs.

  Canada

  Sep 2, 2025
  
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• Kelowna, B.C. vacancy rate low amid high rental costs

  According to the CMHC, a two-bedroom apartment is an average of around $2,300 a month, and these high costs have much to do with a short supply of available rentals.

  Economy

  Jan 27, 2023
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• Kelowna, B.C. seeing significant growth in rental households

  According to a report released Wednesday by Statistics Canada, Canada’s homeownership rate fell overall to 66.5 per cent in 2021 from a peak of 69 per cent in 2011.

  Canada

  Sep 22, 2022
• Kelowna’s rental vacancy rate lowest in the country

  Finding a place to rent has never been harder in Kelowna.

  Nov 28, 2017
• Central Okanagan economic engine continues power growth

  The central Okanagan unemployment rate is pegged at 5.2 per cent, down from 7.9 per cent last year.

  Economy

  Oct 24, 2017