Author: Kirsten Mason

New Listing: 333 Hollyburn Drive, Sahali, Kamloops, BC $409,900

Sahali

333 Hollyburn Dr, Sahali, Kamloops Real Estate Sold

New Listing: 333 Hollyburn Drive, Sahali, Kamloops, BC $409,900. Updated Sahali half duplex on desirable street with beautiful deck and yard space.

This home features 3 bedrooms on the main floor. The living space has an open floor plan with updated kitchen, appliances, flooring and paint throughout. There are lots of windows for natural light. The main floor bathroom is a 4 piece and is fully updated. One of the 3 main floor bedrooms leads to the back patio that is very private with pergola and stairs to the yard.

The basement level includes a large bedroom, family room, storage space and laundry. There is room to put a second bathroom in the basement (near the laundry room).

The yard is beautifully landscaped and includes a large storage shed, fully fenced yard and veggie garden.

Other features include updated hot water tank, newer washer and dryer and carport space for covered parking. Great home for an investor or first time home buyer. Day before notice for showings appreciated.

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Housing Market Activity Shows Signs of Recovery in May, BCREA

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Vancouver, BC – June 15, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 4,518 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May 2020, a decline of 45.2 per cent from May 2019. The average MLS® residential price in BC was $728,898, a 3.2 per cent increase from $706,394 recorded the previous year. Total sales dollar volume in May was $3.3 billion, a 43.5 per cent decrease over 2019.

MLS Home Sales May 2020 Seasonally adjusted market activity BC Real Estate Statistics

“There were encouraging signs of recovery in May,” said BCREA Chief Economist Brendon Ogmundson. “While activity is still far below normal, both sales and listings are up significantly from April’s lows.”

New listings activity started to normalize around the first week of May, reversing a slide in total active listings. However, active listings are still down close to 24 per cent year-over-year and are more than 10,000 listings below where they would normally be in the spring months.

Year-to-date, BC residential sales dollar volume was down 6 per cent to $18.6 billion, compared with the same period in 2019. Residential unit sales were down 14.2 per cent to 24,695 units, while the average MLS® residential price was up 9.6 per cent to $753,155.

Housing Market Activity Around the province BC Statistics Information Kamloops Real Estate

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

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BC Homes Sales to Post Strong Recovery in 2021: BCREA 2020 Second Quarter Housing Forecast

B.C. Real Estate News, Kamloops Real Estate Statistics

Vancouver, BC – June 10, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 21 per cent to approximately 61,000 units this year, after recording 77,347 residential sales in 2019. MLS® residential sales are forecast to increase 45.3 per cent to 88,500 units in 2021.

“The bright outlook for 2020 home sales has been upended by the COVID-19 pandemic and resulting recession,” said Brendon Ogmundson, BCREA Chief Economist. “However, as the economy “re-opens” and measures to mitigate the spread of COVID-19 are gradually eased, we expect home sales will start to rebound, aided by record-low mortgage rates and pent-up demand.”

The impact of the current pandemic and associated recession on prices is largely determined by the reaction of supply. Given the unusual nature of COVID-19, the supply of listings for sale has declined for at least the first few months of the pandemic. A muted rise in for-sale inventory may translate to home prices remaining relatively firm in 2020. We are forecasting the provincial MLS® average price to finish the year up 1.8 per cent and to increase a further 5.6 per cent in 2021.

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

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New Listing: 1523 Assiniboine Road, Sahali, Kamloops, BC $759,900

Sahali

1523 Assiniboine Rd, Sahali, Kamloops Real Estate Off Market

New Listing: 1523 Assiniboine Road, Sahali, Kamloops, BC $759,900. Custom designed level entry home with over 1600 square feet of living space on the main floor, a number of updates and gorgeous yard that backs on to a greenspace.

This home features lots of living space on the main floor including a large living room and dining room. Along with family room that has an open floor plan with the kitchen and nook areas. There is access out of the patio doors to the back yard and patio space. There are 3 good sized bedrooms on the main floor, a 4 piece bathroom and laundry room with access to the 2 car garage. The basement level features a huge family room with party bar. With additional bedroom, awesome workshop, 3 piece bathroom, lots of storage and a mud room area with separate outside access. Suite potential.

The gorgeous fully fenced, irrigated and landscaped yard is meticulously maintained. There is a gate out of the back of the yard with additional landscaping and access to the trail system. Upgrades in this home include: central a/c 2017, exterior house painted 2008, interior paint 2011, hardwood and tile upgraded 2011, roof 2015 (30 yr shingle), hot water tank 2015, driveway water line 2015, appliances and more. This home is beautifully cared for and has only had one owner. Located minutes to shopping, transportation and city amenities. Great cul-de-sac location!

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