Reasons to Come to Kelowna

In April of 2018, the Financial Post stated that home sales throughout British Columbia plummeted in March compared to 2017; the 24.6 % decline was attributed to the new mortgage qualification rules which have curbed housing demand. Still, B.C. home sales reached $5.39 billion, which represents a 20.6% fall over March 2017. And average home prices continue to increase, reaching just over $732,000 in the first quarter of 2018 – and remain the highest in the nation.

Why is B.C. such a trendy place to own property? There are several theories: its connection to the Pacific makes it a desirable area for Asian immigrants, contributing to cultural diversity; the mild winters are an attraction for those tired of the snow but who don’t want to leave Canada; there is a high standard of living with high wages and employment benefits and low crime rates. And all of this is driving up the cost of housing throughout the province.

The real estate market in most large cities, especially in Vancouver and Victoria, is ruled by high-prices homes that are simply out of reach for most residents, with home price-income gaps near or even over $100,000. The recent decrease in sales can be mostly blamed on the lack of affordable housing; most homes in metro Vancouver are listed at over $1 million, meaning that the average family cannot qualify for mortgages on detached homes, and in some areas, not even townhomes or apartments. Residents unable to find homes within the highest-prices areas are moving into suburban and more rural areas, increasing their population and the demand for housing in those areas – which in turns limits the availability of affordable housing and continues the cycle.

There is a high demand for more affordable housing in the metropolitan areas, but until dramatic changes come about in either the real estate market or the median family income, most families find themselves forced to rent. Currently, cities like Vancouver would need to approve large-scale housing developments of lower-priced homes – which is highly unlikely to happen; the more frightening alternative would be for the real estate market to crash as happened in Las Vegas in 2008.

Whatever the solution, is seems the demand for affordable housing province-wide must be met soon, or BC residents may leave the province in droves, seeking homes more within their means elsewhere in the country.

A sun-filled valley sits just west of the Rocky Mountains in Eastern British Columbia; the Okanagan boasts some of the best weather in the province – or even the country – and is fast becoming one of the most fashionable places to live in the entire nation. There are many advantages to life in Kelowna, situated on the shores of Okanagan Lake, and the gateway to the beautiful Okanagan valley.

Originally a tourist destination and vacation hotspot, Kelowna has seen a large influx of year-long residents as real estate values continue to rise in Vancouver and many other large Canadian cities. It is a fast-growing city surrounded by provincial parks, pine forest, mountains, orchards, and vineyards. It is blessed with beautiful springs, warm summers, crisp autumns, and mild winters – and far less rain than most of the province with over 2,000 hours of sunshine annually.

Kelowna touts itself as a mix of rural and urban lifestyles, of cultural and outdoor pastimes, an excellent vacation destination but also a uniquely beautiful place to live. The Lake is the place to be in warm weather – for relaxing on one of the many beaches, or taking to the water for boating, paddle-boarding, kayaking, swimming or snorkelling. Golfers can choose from nearly 20 nearby courses. Hiking and bike trails abound and several ski resorts are within easy driving distance. Food enthusiasts can visit fruit orchards, farms and markets for locally grown delicacies such as cherries, apricots, berries, apples and pears; many local restaurants serve farm-fresh seasonal products grown right in the Valley; dozens of local vineyards offer wine tours and tastings, as well as many cideries, distilleries, and craft breweries.

But, the biggest draw – aside from the excellent public and private schools and a variety of comprehensive medical facilities – is that the Okanagan Valley, and the Kelowna area more specifically, still boast some of the lowest home prices in the province. As reported by CBC’s Chris Walker in January of 2017, the city is growing 3 times as fast as Victoria or Vancouver and many home values increased by 30% over the previous 5 years. Many new arrivals are fleeing the high housing costs in these other large BC cities; the same $500,000 budget that would net a one-bedroom 500 square foot apartment in Vancouver, will secure the buyer a two-bedroom 1,500 square foot apartment in downtown Kelowna.

Whether you come for a short visit, or plan to settle down here, Kelowna and the surrounding Okanagan Valley is the place to be.

In the Okanagan Valley of British Columbia lies the city of Kelowna; the northernmost tip of the Sonoran Desert. In this hybrid region of desert and forest, where agriculture of all varieties flourishes, a vacation destination like no other has emerged. Qualified as the only desert in Canada, the climate is warm enough to host every type of summer recreation, but the snowy mountains are near enough to make Kelowna one of the most desirable ski destinations in Western Canada during the winter months. Outdoor enthusiasts flock to Kelowna for fully interactive nature vacations, full of sports, wildlife, scenery and adventure.

The city is also home to some incredible tourist destinations. Foremost is the wineries and breweries that the ideal growing conditions create. Kelowna has officially surpassed Napa Valley as North America’s most desirable wine destination. The world’s elite travel from afar to sample the merlots of Mission Hill winery and the Pinot Grigios of Quail’s Gate winery. Nearby in the hills is the most dramatic system of railway trestles in British Columbia. Now retired, the tressles have been restored so that cyclists can ride along them for miles. The city is also a magnet for large music, sports, food and liquor events, such as the Keloha summer music festival, the Center of Gravity adrenaline show, the annual culinary competitions of Canada and the Hopscotch tasting event.

Do not miss out on an another exciting season in Kelowna, British Columbia. The number of vacation rentals, timeshares and other hospitality options to make your stay in Kelowna comfortable are endless. Choose from mansions rented out by owners, private cabins on the outskirts of town, stylish condos in the heart of the city and high rise apartments that overlook the city and lake. Choose Kelowna for your next vacation season and experience all that it has to offer!

Kelowna has become one of the most desirable places in Canada to retire in as well as one of the hottest tourist destinations for hipsters, foodies and celebrities. Kelowna has a very unique vibe that has something to offer everyone. The scenery of the area is incredible, boasting enormous recreation lakes, tall hiking mountains and world-class ski hills for the outdoor enthusiasts. In town, the nightlife and culture are something to write home about as Kelowna is the most desirable wine country in North America, as well as being one of Canada’s food capitols and premiere festival destinations. And if all of that is not enough, Kelowna also demonstrates the friendly attitude that the world has come to love about British Columbia in its human interactions.

The outdoor recreation of Kelowna and the rest of the Okanagan Valley is one of its main attractions. In the summer, the enormous Okanagan Lake is full of yachts, boats, jet skis and other water vehicles and equipment that aquatic athletes and enthusiasts come from around the world to enjoy. The tall mountains that surround the Okanagan Valley give tourists and locals innumerable hiking opportunities, as well as climbing, mountain biking and horseback riding. In the winter, the world-famous Big White ski hill opens up, attracting winter athletes from across the globe to test their skills on the variety of slopes.

Within the Kelowna city limits, one can find a vast array of entertainment, dining and social events. Kelowna is home to some of the best vineyards in North America, which are a tasting and event destination for the world’s elite. The restaurants, bars and night clubs are packed with local culture, and the concerts, festivals and events that frequent the city bring people in from all over. Everywhere you turn, people are all smiles and relaxation due to the peace, enjoyment and desirable way of life in Kelowna.

Kelowna, British Columbia is a place where people come to heal. They may be healing from disease, stress or simply the burden of working for a lifetime, in the form of retirement. The reason people flock to Kelowna for healing is because Kelowna is a therapeutic place to be on many levels. The natural environment of Kelowna brings people from all over the world to experience its beauty, recreation and bounty. The resources for restoring mental health and clarity are numerous, ranging from spiritual retreats to spa getaways to a world class mental health industry. And the medical facilities and treatment options are some of the most acclaimed in Western Canada. People feel restored by their time in Kelowna, both mentally and physically.

Kelowna is situated in the Okanagan Valley of British Columbia, which is a gem of an area for scenic beauty. The very tip of the Sonoran Desert meets the pine forest of Canada in this region and creates a very pleasant, temperate climate that is ideal for agriculture and culinary tourism. In addition to the climate, the region is full of huge lakes and is surrounded by vast mountain ranges, creating an outdoor enthusiast’s paradise. Simply spending time in these surroundings, if not fully interacting with them, is enough to heal a person of anything that is bringing them down.

In addition to Kelowna’s natural, therapeutic beauty, it is also an area where the medical and mental health sciences flourish immensely. Kelowna is home to several world class health facilities and treatment centers, such as a high quality rehab and a large hospital psych ward, that have attracted the expertise of some of Canada’s finest doctors and specialists. Kelowna has a reputation for being a place to recover from disease, disorders and illnesses under the best medical and mental health care that can be found in Western Canada.

< a href=" http://anblick.info/wp-content/uploads/2015/01/desirable-Kelowna.jpg ">< img course =" size-medium wp-image-67 alignright" src= "http://anblick.info/wp-content/uploads/2015/01/desirable-Kelowna-300x225.jpg" alt=" preferable Kelowna" width=" 300" height=" 225 "/ > Kelowna is the greatest city in British Columbia’s Okanagan region, which is a warmer, more arid climate than the remainder of Canada. Recognized as Canada’s only desert, the Okanagan Valley is coming to be understood mostly for its vineyards and also wineries, which have actually become a significant traveling location in the last few years. But aside from the top quality wine as well as the acceptable temperatures, why would certainly somebody hang out in Kelowna? The response to that concern is abundant with opportunities.

The lifestyle in Kelowna is extremely preferable. Kelowna is a premiere retired life and vacation location, with more millionaires per capita than anywhere else in British Columbia. This suggests the kind of society, nightlife as well as dining one can expect to find in Kelowna. A wide variety of venues offer live songs as well as various other arts, a number of opulent clubs as well as lounges offer mingling and enjoyment, the Kelowna estate sale as well as Okanagan auction globe are the very best in British Columbia and the neighborhood food is unrivaled, boasting an honor winning culinary sector. Travelers can anticipate to be invited with the pleasant perspective that is synonymous with British Columbia, and also outdoor fanatics will certainly not be disappointed when they experience possibilities to hike, camp, horseback ride as well as take part in every kind of water sporting activity.

The warm environment as well as light winters months likewise bring in those that are looking for health and wellness restoration. Kelowna is the home of a number of highly acclaimed health centers as well as solutions, varying from medspa and yoga resorts to preferable clinical specialists. There is a prominent, well-informed holistic healing neighborhood within Kelowna for those that prefer all-natural healing approaches. The city of Kelowna is house to globe course medical centers as well as premiere mental disease and also dependency healing treatment centers.

Summer is the on-season as a result of the leisure and occasions that are supplied to the public. It is a good idea to timeshares and getaway rentals far ahead of time. For those wanting to get a more irreversible house in Kelowna, the actual estate market is vast and also varied, offering whatever from charming one bed room the homes of million buck estates. Your rejuvenating, stimulating Kelowna experience waits for!

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