BC Housing Markets Off to a Strong Start in 2020, BCREA

Vancouver, BC – February 13, 2020.  The British Columbia Real Estate Association (BCREA) reports that a total of 4,426 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2020, an increase of 23.7 per cent from the 3,579 units sold in January 2019. The average MLS® residential price in BC was $725,370, a 9.1 per cent increase from $664,633 recorded the previous year. Total sales dollar volume in January was $3.2 billion, a 35 per cent increase over 2019.

MLS residential sales BC 2020 Kamloops Real Estate Home Sales statistics

“Housing markets in BC are off to a strong start in 2020,” said BCREA Chief Economist Brendon Ogmundson. “We expect a much more typical year of home sales in 2020 as markets recover from the policy-induced slowdown of the past two years.”

Total MLS® residential active listings fell 12.6 per cent to 25,790 units compared to the same month last year. The ratio of sales to active residential listings increased to 17.2 per cent from just 12.1 per cent last January. 

“While many markets are showing strong signs of recovery, the struggling forestry sector is having a clear impact on housing demand, particularly in the North and parts of Vancouver Island,” added Ogmundson.

Click here to visit to BCREA’s website. To view other statistics for the Kamloops and BC real estate market click here.

Kamloops Open House: Saturday, February 15th, 2020 – Aberdeen

This weekend’s Kamloops open house will be held in Aberdeen. 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.

1301 Kinross Place, Aberdeen, Kamloops, Open House

1301 Kinross Place, Aberdeen

    Saturday, February 15th, 2020

12:00pm to 1:30pm

Listed for $759,900. Link to information about this home.

Listing Courtesy of  C21 Desert Hills Realty(’10)LTD

123-1323 Kinross Place, Aberdeen, Kamloops, Open House

123-1323 Kinross Place, Aberdeen

    Saturday, February 15th, 2020

12:00pm to 1:30pm

Listed for $433,690. Link to information about this home.

To View other Homes available in the Aberdeen Neighbourhood click here.

New Listing: 322 Walnut Ave, North Kamloops, BC, V2B 1K3, $459,900

322 Walnut Ave, North Kamloops, Kamloops, BC, Homes For Sale

New Listing: 322 Walnut Ave, North Kamloops, BC, V2B 1K3, $459,900. This charming and well cared for 5 bedroom, 2 bathroom, North Kamloops home would make an excellent starter home and is just steps to the Rivers Trail!

This home has seen several updates in recent years; roof [2017], hot water on demand [2015], Furnace (2008), Central A/C (2008), washer/dryer, flooring, lighting, all windows, and more. The main floor features an inviting and bright living area, dining room, a nice kitchen with pantry and access to the large flat backyard. The basement has been fully renovated and includes a large family room and games area, laundry, 2 bedrooms, 3-piece bathroom, and extra storage space.

The backyard is fully fenced with lane access to easily park your trailer or RV. There is a 22′ x 12 detached garage/workshop and an extensive driveway to allow for extra parking. Conveniently located close to transit, schools, shopping, amenities, recreation and the Rivers Trail.

Click Here to view more photos of this home.

To view all homes for sale in Kamloops click here.

To view more about the neighborhood click here.

Kamloops Open House: Saturday, February 8th & Sunday, February 9th, 2020 – Westsyde & Juniper Heights

This weekend’s Kamloops open house will be held in Juniper Heights and Westsyde. Address, dates and times are included with each listing below. Contact us if you have any questions or would like to schedule a private showing.

1331 Myra Place, Juniper Heights, Kamloops, For Sale

1333 Myra Place, Juniper Heights
    Saturday, February 8th, 2020

12:00pm to 1:30pm

Listed for $779,900. Link to information about this home.

1577 Emerald Drive, Juniper Heights, Kamloops, Open House

1577 Emerald Drive, Juniper Heights
    Saturday, February 8th, 2020

12:00pm to 1:30pm

Listed for $699,000. Link to information about this home.

219-2400-Oakdale-Way, Westsyde, Kamloops, For Sale

219-2400 Oakdale Way, Westsyde
    Sunday, February 9th, 2020

1:00pm to 2:30pm

Listed for $162,400. Link to information about this home.

To view all our properties for sale click here.

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