Rent

Thousands of Thompson-Okanagan renters mired in affordable housing crisis, new index says

THOMPSON-OKANAGAN - About a quarter of all renters in the Thompson-Okanagan are facing an affordable housing crisis, according to a new study. The new Canadian Rental Housing Index is an interactive map which offers a snapshot of rental housing conditions across the country. You can search by city or electoral area riding, and find the...

More evictions expected, more affordable housing likely lost in Vernon

NOWHERE TO GO VERNON - Not long after eviction notices were served to tenants of the Green Valley Motel, residents of another low-cost apartment building in Vernon are counting what they believe could be their final days. The Belair Apartments on 32 Street, just down the road from Boston Pizza, recently sold, and that’s left...

Fewer rentals available in Thompson-Okanagan as prices rise

THOMPSON-OKANAGAN – It's getting harder to find an apartment to rent in most Thompson-Okangan cities, and those that are available cost significantly more than they did one year ago. Kelowna and Kamloops saw minor adjustments in rental availability rates this year compared with the B.C. average. Between April 2014 and April 2015, the provincial average...

Kelowna’s vacancy rate among lowest in Canada

KELOWNA – Kelowna is one of the hardest cities in the country to find apartments to rent, according to a national rental market survey. The 2014 study compares vacancy rates and average rent in cities across the country. It lists Kelowna as one of the bottom three in terms of availability. While the average vacancy rate of rental...