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In downtown Kelowna, the University of British Columbia Okanagan is pushing to build a 46-storey residential and administration tower. Nearby, the 26-storey Savant apartment tower is now pre-selling at a median of $1,000 per square foot, according to Shane Styles, president of Epic Real Estate Solutions of Kelowna. May gross sales throughout the Okanagan slid down only 1.2 per cent in comparability with April, noted Lyndi Cruickshank, president of the Association of Interior Realtors, which she stated reflects the market’s stability.
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