Sunday, November 27, 2016

Kelowna British Columbia Area Property Options And Listings

By M Walker


The area around Kelowna, British Columbia is one of the fastest growing communities in all of North America, with many people of retirement age choosing the relatively mild climate in the Okanagan Valley over some of the colder areas of the province. The growth in population has made it difficult to keep up with the demand for Kelowna real estate.

The marketplace for real estate listing is overheated, thanks to the expanding population. Agents are ready and willing to find new ways to increase the available inventory, particular in the recent years when the growth has been most significant. People who are choosing the community want affordable and aesthetically pleasing Kelowna homes, particularly in the parts of the city which are most desirable. Geographically, the community is quite large with a lower density of population that some larger communities. The issue of urban sprawl has affected the commute times and the composition of the various neighborhoods.

There are major sectors in the city, each of which contains multiple neighborhoods. The population has been estimated at more than 120K but the demographers say that the rapid change in the population may mean that the numbers are too low. The population is boosted by the number of tourists who enjoy visiting the beautiful area surrounding Okanagan Lake.

The many activities in the area which draw visitors include both summer and winter pastimes. The summer season features, water sports, hiking, biking, golf, boating and fishing on the lake. In the winter, visitors enjoy skiing at Big White and Silver Star ski resorts. A significant source of employment in the region is based on services for tourists and visitors. Retirees are another large segment of its population, They enjoy the milder climate, which supports the many activities available to senior citizens.

Wine production and vineyards are another major source of tourism and industry for the area. Wines have become known on the international market. Many vineyards are located south of Kelowna where the climate is perfect for the highest quality grapes. Another noted business is Sun-Rype bars. In both climate and agricultural focus, the region of BC has been likened to the Napa Valley in California.

The city is located in south-central British Columbia, Canada. The regional District of Central Okanagan has its headquarters in the city. In population, the greater metro area is the 3rd largest BC province city and 22nd largest population in Canada. The name of this city means "grizzly bear" in the indigenous language. The metro area and Kelowna market update includes Penticton, Summerland, Peachland, Lake Country City and West Kelowna.

The climate is semi-arid, with summers which are hot, dry and sunny. Winters are cold and cloudy with four distinct seasons. The Lake offers some moderation in temperatures and the surrounding mountains separate the valley from the rest of BC. The average high temperature recorded in this city is above freezing every month of each year, an unusual occurrence for Canadian cities.

Kelowna homes for sale are available in a wide range of prices and styles, although the hot market means that inventories are not high. The price range is somewhat higher than for most cities in Canada.




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