New Listing: 670 Columbia Street, South Kamloops, BC $384,900. Cute downtown Kamloops charmer. This home has over 1,000 square feet on the main floor with original hardwood flooring and 9 foot ceilings throughout. There is a large living room, 3 bedrooms, 4 piece updated bathroom and main floor laundry. The basement is ready for your ideas and has full height ceilings.
There is a detached garage with lane access and a really nice sized mostly fenced yard. Located steps to downtown amenities, transportation, schools and hospital. Perfect for an investor, first time home buyer or downsize! Day before notice for showings.
New Listing: 920 Quail Court, Batchelor Heights, Kamloops, BC $559,000. Lovely 2 storey home Bachelor Heights located on a cul-de-sac with a 2 bedroom in-law suite. This home features a great room open floor plan on the main floor with a bedroom/office off the main entry. The living room has a high ceiling open to the second level.
The large kitchen has a lot of cabinetry. Main floor walks out to the back patio with beautiful yard featuring fruit trees and a hot tub. The second level has 3 bedrooms, and 2 full bathrooms. There is a 2 car garage, main floor laundry and central a/c. The basement level has a cute 2 bedroom in-law suite with separate entry. 24 hours notice minimum for showings.
This weekend’s open house will be held in Dufferin. Addresses, dates and times are included with each listing below. Contact us if you have any questions or would like to schedule a private showing.
6-1940 Hillside Drive, Dufferin.
Saturday, November 10th, 2018: 1:30-3:00pm.
Listed for $399,900. Link to information about this home.
Vancouver, BC – November 8, 2018. The British Columbia Real Estate Association (BCREA) released its 2018 Fourth Quarter Housing Forecast today.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 23 per cent to 80,000 units this year, after recording 103,768 residential sales in 2017. MLS® residential sales are forecast to increase 12 per cent to 89,500 units in 2019. The 10-year average for MLS® residential sales in the province is 84,800 units.
“The marked erosion of affordability and purchasing power caused by the mortgage stress test and rising interest rates continue to be a drag on the housing demand,” said Cameron Muir, BCREA Chief Economist. “However, continuing strong performance in the economy combined with favourable demographics is expected to push home sales above their 10-year average in 2019.”
Despite the mortgage policy drag on the sector, strong performance of the BC economy continues to be highly supportive of housing demand. Five consecutive years of above trend growth in the province has led to a high level of employment and an unemployment rate that appears to be at a cyclical low.
The combination of fewer home sales and a larger inventory of homes for sale has helped trend most markets to balanced conditions. As a result, home price growth has slowed considerably, and is expected to more closely reflect overall consumer price inflation through 2019. In addition, a record number of homes are under construction in BC, which will provide for much needed expansion of the housing stock and greater price stability.
