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BC Housing Economy

December 8, 2015

With the US’s recent announcement of their interest rate increase, Canada’s current interest rate low; CAD$ 1.75c vs. $US 1 AND with BC boasting the only province to making headway with addressing their deficit. There really is no better time to invest in our real estate market.

To top this off, and focusing in on the Okanagan region; our City of Kelowna’s commitment to review and approve as many rental property developments with smaller square footage condos, apartments, micro condos and legal suites offers more affordable housing for our workforce. A welcome relief as our tech sector industry increases and the demand for rental housing increases along with it.

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