rental market

Kelowna remains eighth most expensive rental market in Canada

The rates for one and two bedroom units in Kelowna remained the same

 

Kelowna 14th most expensive city to rent

The average monthly rent for a one-bedroom unit in the city was $1,313 in December

 

Kelowna rental market prices up 14.8% since March 2018

Kelowna still ranks in the top 10 most expensive cities in Canada

 

B.C. rent increases capped to inflation, 2.5% for 2019

Landlords have to apply to exceed cap for renovations, repairs

Cap rent increases at inflation rate, B.C. task force recommends

MLAs say drop annual increase that would allow 4.5% rise next year

B.C. rent increase can’t go over 4.5% next year

Provincial formula based on inflation plus 2% increase

Seniors, families focus of B.C. rental housing fund

Target of 14,000 new non-profit units over the next 10 years