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While a spate of new condominium construction is “reshaping” downtown Kelowna, the average home price in some neighborhoods has surpassed $ 1 million for the first time.

Vantage West Realty today released the winter edition of The Vantage Report, which provides hyperlocal analysis of the Kelowna real estate market.

The report reviews real estate trends in 15 Kelowna neighborhoods, and the latest edition highlights some of the top real estate trends in the city.

Some of the reports that include more noticeable statistics deal with the city’s average house prices, which have risen significantly higher in several neighborhoods.

For more information on which neighborhoods passed the million dollar median home price milestone and how Vantage’s AJ Hazzi says downtown Kelowna will “change forever,” see the full story on Castanet’s sister business news – Okanagan Edge website.