Kamloops District Real Estate Associations Statistics For March 2020 and Quarter One

The Kamloops District Real Estate Association has released the latest Statistics for March 2020 and Quarter One. Click on the image below to enlarge or PDF documents included in the links below.

MLS Activity - March 2020 Kamloops Real Estate Statistics

PDF: MLS Activity – March 2020

Comparative Analysis - March 2020 Kamloops Real Estate Statistics

PDF: Comparative Analysis – March 2020

Sales by Sub-Area - March 2020 Kamloops Real Estate Statistics

PDF: Sales by Sub-Area – March 2020 

Sales by Sub-Area - Quarter 1 2020 Kamloops Real Estate Statistics

PDF: Sales by Sub-Area – Quarter 1 2020

Sales by Sub-Area Out of Town - March 2020 Kamloops Real Estate Statistics

Sales by Sub-Area Out of Town - March 2020 Kamloops Real Estate Statistics

PDF: Sales by Sub-Area Out of Town – March 2020

Sales by Sub-Area Out of Town - Quarter 1 2020 Kamloops Real Estate Statistics

Sales by Sub-Area Out of Town - Quarter 1 2020 Kamloops Real Estate Statistics

PDF: Sales by Sub-Area Out of Town – Quarter 1 2020

For Previous Monthly, Quarterly & Annual Statistics click here.

To View our current listings click here.

Kamloops Colouring Contest For All Ages!

Kamloops Colouring Contest For All Ages! We have one for kids and adults with a chance to win $100 for Tumbleweed Toys or Dorian Greek House. Contest open until April 26, 2020 at 11:59pm.

How to enter

1) Print off the colouring contest page you wish to colour (digitally coloured pictures also accepted)

2) Colour your picture.

3) Take a photo of the finished picture,

  •  for the children’s contest include first name and age,
  • ·post it to social media with the hashtag #kamloopscolouringcontest, follow us on Facebook or Instagram and tag @Kirsten.mason.team (select Kirsten Mason Personal Real Estate Corporation) on Facebook or @kirstenLmason on Instagram. If you do not follow us on Instagram and your account is set to Private we will not receive your entry.
  • If you do not tag and follow we will not receive your entry.

4) Alternate tags include Referral Agents: @jmcqueenrealestate @beckybamseyrealestate @lisavillamokamloopsrealestate @trudydagerec21 @patsyskenekamloopsrealestate @kareytateforrealestate

Rules & Terms of the Colouring Contest

  • You must be a Canadian Resident
  • One entry per child. Children’s contest open to All children under the age of 14
  • One entry per adult. Adult contest open to all 14 years +.
  • Family members of Kirsten Mason PREC & Referral Agents are not eligible.
  • No purchase necessary to enter or to win.
  • Limit one (1) entry per person..
  • Contest will begin on March 30, 2020
  • Contest will be determined by random draw on April 27, 2020.
  • Odds of winning depend on the number of eligible entries received.
  • All submissions must be received by midnight (11:59pm) on April 26, 2020
  • Contest winners will be posted on the Kirsten Mason Team Business Facebook and Instagram pages.
  • Contest winners will be contacted via social media (contact will be initiated by how the contest was entered : ie. Facebook, Instagram etc)
  • We will arrange pick up for the gift cards with the winners direct. Should there still be restrictions on movement due to COVID-19 alternative arrangements will be made.
  • The prize must be accepted as awarded and is not transferable or convertible to cash.
  • By entering the contest, the winner agrees to have their name announced on the KamloopsRealEstateBlog.com website and on all Kirsten Mason PREC, Team and Referral Agent social media platforms.

Limitation of Liability

  • All contest draws are void where prohibited by law and are subject to all applicable federal, provincial, and municipal laws and regulations.
  • We cannot be responsible for any technical error that may occur during entry or failure of an entry to be received due to technical problems or human error of any kind.
  • In entering the contest, the entrant agrees to release Kirsten Mason PREC* & Referral Agents from any claim, cost, tax, liability, or damage resulting from entry.
  • Kirsten Mason PREC* & Referral Agents reserves the right to update or revise these Contest Rules.  Please check them periodically.

Use of Personal Information

  • By “Following” the Kirsten Mason PREC* Team and Referral Agents Facebook and Instagram page and completing the Social Media contest entry you agree to be contacted through email and direct message by the Kirsten Mason PREC*, Team and Referral Agents with prize notification and redemption details.
  • The email address submitted will be used solely to communicate details of this contest and notify the contest winner. the Kirsten Mason PREC*, Team and Referral Agents will not use any email addresses submitted within the context of this contest to send any other commercial messages unless explicitly indicated on the contest form.
  • We respect your privacy! All personal information that you share with us is confidential, including your e-mail address.
Kamloops Colouring Contest Kids 2020
Kamloops Colouring Contest Kids 2020
Kamloops Colouring Contest Adult 2020
Kamloops Colouring Contest Adult 2020

BCREA Mortgage Rate Forecast for March 2020

BCREA just released it’s Mortgage Rate Forecast for March and the year of 2020. With the COVID-19 mortgage rates have dropped. The Bank of Canada recently cut the rate again however says it is at a point where it can’t go lower. It is looking like a Canadian recession is unavoidable however it all depends on how long the pandemic related regulations go on for. This is a large factor that prevents accurate predictions since we have not seen an event of this magnitude in decades.

The Canadian government has postponed changes to the mortgage stress test due to the current events. This will help those renewing or refinancing their mortgages which will free up monthly cash flow due to the lower payments.

Economic growth in Canada was slowed at the end of 2019 due to the rail blockades and now COVID-19. The economy is also dealing with plummeting oil prices, a sharp decline in retail sales, tourism and other consumer related businesses.

It is expected that if we have a strong recovery in the second half of 2020 the Bank of Canada will likely maintain it’s policy rate at 0.25% for the rest of the year.

BCREA Mortgage Rate forecast March 2020 Real Estate BC COVID-19 Coronavirus
BCREA Mortgage Rate forecast March 2020 Real Estate BC COVID-19 Coronavirus

Click here to download the full PDF version of this report.

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

New Listing: 14-7545 Dallas Drive, Kamloops, BC, $279,900

14-7545 Dallas Dr, Dallas, Kamloops Real Estate SoldNew Listing: 14-7545 Dallas Drive, Kamloops, BC, $279,900

Welcome to this bright and beautiful, well kept home in Gateway Estates. This home features 2 bedrooms, 2 bathrooms and a spacious open concept kitchen, dining and living room. Lots of windows throughout that allow plenty of natural light into the home. Next to the kitchen, you will find laundry room with additional storage space. Off of the kitchen are sliding glass doors that take you out to the private patio and is perfect for entertaining on those hot summer days.  New patio ramp and fence recently installed along with 8×12 shed.

Bareland strata fee of $90/month and includes sewer, water, road maintenance and snow removal. New furnace and brand new hot water tank. Easy highway access and a quick 15 minute drive to downtown Kamloops. This well cared for home won’t last long – Book your viewing today!

Click Here to view a virtual tour of this home.

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.

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