CPABC: Migration patterns shift in the Thompson-Okanagan as the housing market shows resilience
- The population in the Thompson-Okanagan grew at the slowest pace since 2013 due to losing more residents to other provinces, despite above-average international migration.
- Housing affordability issues are leading people to consider moving to other parts of Canada, according to officials.
- Substantial residential investment has occurred in the region, especially in Kelowna, yet home prices are not decreasing.
- The report states that increasing housing supply will help alleviate future pressure on housing markets in the region.
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Coverage Details
Total News Sources10
Leaning Left8Leaning Right1Center1Last UpdatedBias Distribution80% Left
Bias Distribution
- 80% of the sources lean Left
80% Left
L 80%
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