BC Home Sales Post Strongest October in Four Years, BCREA

MLS Residential Sales BC November 2013

Click to Enlarge

Vancouver, BC – November 15, 2013.  The British Columbia Real Estate Association (BCREA) reports that a total of 6,673 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during October, up 26.5 per cent from October 2012. Total sales dollar volume was 34.5 per cent higher than a year ago at $3.6 billion. The average MLS® residential price in the province was $540,432, up 6.3 per cent from October 2012.

“The fall housing market is shaping up to be the most active in four years,” said Cameron Muir, BCREA Chief Economist. “Persistently low mortgage interest rates and an element of pent-up demand have driven home sales higher in the province’s large Lower Mainland and Vancouver Island markets.”

“While the rebound in consumer demand has been significant, home sales are trending near the long-term average and any continued acceleration will depend on stronger economic and employment growth,” added Muir.

Year-to-date, BC residential sales dollar volume was up 8.2 per cent to $33.6 billion, compared to the same period last year. Residential unit sales were up 5.1 per cent to 63,020 units, while the average MLS® residential price was up 2.9 per cent at $533,321.

Kamloops Home For Sale: 7117 Cahilty Road, Heffley, B.C. $239,500

7117 Cahilty Road, Heffley, B.C. Kamloops Real EstateThis cozy one level, 3 bedroom, 2 bathroom home located in the community of Whitecroft is just 8 minutes away from the 4 Season World Class Resort of Sun Peaks and offers a great investment opportunity or starter home. The property is situated on a corner lot nestled alongside McGilivary Creek and provides a private park-like setting with beautiful mountain vistas and a fully fenced in yard that has been landscaped. The bright open floor plan offers a spacious living and dining area with wrap around kitchen. Recent updates include new roof, exterior painting, fencing, pellet stove, hot tub cover, flooring, exterior trim, storage shed, and some windows. There is ample storage space throughout the home and two storage sheds on the property for all your recreational and seasonal gear. Enjoy being surrounded by nature, located only 10 minutes from pristine Heffley Lake and 40 minutes to Kamloops City Centre. You must see this home to fully appreciate the location and what it has to offer.

To view all homes for sale in Kamloops click here.

Kamloops Home For Sale: 5753 Buckhorn Road, Cherry Creek, B.C., $364,000

5753 Buckhorn Road, Cherry Creek, Kamloops Real EstatePrivate location with encompassing mountain and valley views located on 20 acres in the heart of Cherry Creek and only 15 minutes to Aberdeen Centre. This 2 bedroom + den, 1 bathroom manufactured home offers the ideal setting for peaceful rural living. The home has potential and requires some TLC. The open living concept provides a spacious living and kitchen area with many windows providing an abundance of natural daylight, cozy wood burning stove, large deck with an attached storage shed. There is plenty of room for your horses, goats and chickens with a large portion of the property fenced in, chicken coup and 2 horse corrals offering the perfect space for training. There is a 1200 gallon cistern & 82′ well. Measurements are approximate and should be verified. All appliances are included and quick possession is possible. Please allow 24 hour notice for all showings.

To view all homes for sale in Kamloops click here.

Kamloops Home For Sale: 23-1750 Summit Drive, Sahali, B.C., $185,000

23-1750 Summit Drive, Sahali, Kamloops Real EstateThis 2 bedroom plus den, 2 level townhouse has amazing city and mountain views with a big back deck to relax and enjoy. The convenient in-suite laundry is close to the 2 good sized bedrooms on the upper level. There is a cozy wood fireplace in the living room. Strata has recently installed new windows, doors and roof. Close to all amenities, transportation, shopping and TRU. Perfect for first time buyers or investors. Rentals allowed, 1 cat allowed but no dogs. Day before notice required for showings.

To view all homes for sale in Kamloops click here.

1 561 562 563 564 565 767