The Market

Stay on top of the fast-paced real estate market in British Columbia and the latest updates about current and upcoming developments from Millennial Developments.

January 9, 2022

CENTRAL OKANAGAN MARKET UPDATE DECEMBER 2021

CATEGORIES: Market Statistics

Millennial Developments uses data-driven analytics to identify opportunities that offer the ability for preferred return on investment, providing superior risk-adjusted returns and defined exit strategies for investors. We believe that informed clients make the best investors, so we share monthly updates on the Central Okanagan real estate to make sure you’re always on top of […]

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December 9, 2021

CENTRAL OKANAGAN MARKET UPDATE NOVEMBER 2021

CATEGORIES: Market Statistics

Millennial Developments uses data-driven analytics to identify opportunities that offer the ability for preferred return on investment, providing superior risk-adjusted returns and defined exit strategies for investors. We believe that informed clients make the best investors, so we share monthly updates on the Central Okanagan real estate to make sure you’re always on top of […]

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December 5, 2021

Smart Condos Come to Kelowna at Five Crossings

CATEGORIES: Upcoming Projects

According to a housing supply report released by Scotiabank in May 2021, Canada is suffering from a “chronic inefficiency”, offering a mere 424 units per 1000 residents, the fewest compared against all other G7 nations. This November, Kim Heizmann, President of the Association of Interior REALTORS®, commented in a monthly report that “demand is still […]

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November 17, 2021

Millennial Developments is Bringing Budget-Friendly Condos to Kelowna

CATEGORIES: Upcoming Projects

Housing costs are a common and sometimes controversial topic of conversation in Kelowna these days, as the real estate market that continues to boom. According to the Okanagan Real Estate Board, the benchmark price for single-family homes in October was $961,600, representing an almost 30% increase over October 2020, and condominiums reached an average sales […]

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November 10, 2021

CENTRAL OKANAGAN MARKET UPDATE OCTOBER 2021

CATEGORIES: Market Statistics

Millennial Developments uses data-driven analytics to identify opportunities that offer the ability for preferred return on investment, providing superior risk-adjusted returns and defined exit strategies for investors. We believe that informed clients make the best investors, so we share monthly updates on the Central Okanagan real estate to make sure you’re always on top of […]

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October 8, 2021

CENTRAL OKANAGAN – MARKET UPDATE SEPTEMBER 2021

CATEGORIES: Market Statistics

Millennial Developments uses data-driven analytics to identify opportunities that offer the ability for preferred return on investment, providing superior risk-adjusted returns and defined exit strategies for investors. We believe that informed clients make the best investors, so we share monthly updates on the Central Okanagan real estate to make sure you’re always on top of […]

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September 30, 2021

CENTRAL OKANAGAN – MARKET UPDATE AUGUST 2021

CATEGORIES: Market Statistics

Millennial Developments uses data-driven analytics to identify opportunities that offer the ability for preferred return on investment, providing superior risk-adjusted returns and defined exit strategies for investors. We believe that informed clients make the best investors, so we share monthly updates on the Central Okanagan real estate to make sure you’re always on top of […]

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August 30, 2021

Kelowna Real Estate Market Stays Strong in July

CATEGORIES: Project Updates

The summer market in Kelowna continued to sizzle in Kelowna this July, with average housing prices continuing to show double digit increases over July 2020. While we did see a decrease in total sales from last summer, that number is more reflective of the lack of available inventory rather than lack of buyer interest, which […]

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April 15, 2021

Kelowna Looking Better Than Ever to Urban Canadian Buyers

CATEGORIES: Project Updates

As prices sky-rocket in urban centres across the county, Millennial Developments is dedicated to creating quality, affordable homes in Kelowna to benefit our community.

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April 1, 2021

Welcome to the Millennial Developments Blog

CATEGORIES: Project Updates

Based out of British Columbia, Millennial Developments takes a modern approach to building community through the creation and marketing of multi-family developments that add value to investors, the local economy, and residents. We’re passionate about what we do and what we bring to the local real estate market, and we’re looking forward to sharing more […]

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