Kamloops Home For Sale: 79-1555 Howe Road, Aberdeen, B.C., $199,900

79-1555 Howe Road, Aberdeen, Kamloops Real EstateNice tidy home with 2 bedrooms and 2 full 4 piece bathrooms. This home has a nice open floor plan and the kitchen has a ton of cabinets for storage. There is a separate laundry room, heat pump (central a/c) was installed in 2011, large covered deck, storage shed and private yard. The yard is nicely landscaped and very private from the neighbours with nice trees and shrubs. Great home close to transportation and many city amenities. Quick possession possible.

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Kamloops Home For Sale: 318-1170 Hugh Allan Drive, Aberdeen, B.C., $215,000

318-1170 Hugh Allan Drive, Aberdeen, Kamloops Real EstateThis charming 2 bedroom, 1 bathroom condo in Highland Vista provides a great investment opportunity or a starter home. Take advantage of the great mountain views provided from the covered deck, living area and bedrooms. Updates include new carpeting, flooring and some light fixtures throughout the unit. Transportation, shopping and restaurants are at your doorstep and the University is only a short distance away. Rentals and pets are allowed with some restrictions. The unit was previously being rented out for $1200/month. Easy to show and quick possession is possible.

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Kamloops Home For Sale: 1311 Dunbar Drive, Aberdeen, B.C. $509,900

1311 Dunbar Drive, Aberdeen, Kamloops Real EstateOnly 3 months old! GST included. Stunning open concept home located right beside elementary school. Main floor has a spacious living area including large living room with built in entertainment center and a gourmet kitchen. Hardwood flooring and tile throughout including the tub surround. Spa like ensuite with 2 sinks and separate tub/shower. Comes with high efficient furnace, window coverings, central air, rough in for bar, humidifier and finished security system. High quality finishing throughout and 9 ft ceilings on both floors. Fully landscaped with underground sprinklers. This home is a must see.

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Housing Market Turnaround Continues Unabated, BCREA

Vancouver, BC – September 16, 2013.  The British Columbia Real Estate Association (BCREA) reports that a total of 6,863 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during August, up 28.6 per cent from August 2012. Total sales dollar volume was 39.7 per cent higher than a year ago at $3.66 billion. The average MLS® residential price in the province was $533,400, up 8.6 per cent from August 2012.

MLS Residential Sales BC September 2013

Click to enlarge

“After sitting on the sidelines for much of 2012, home buyers were out in force during the summer months,” said Cameron Muir, BCREA Chief Economist. “Fear of a housing market hard landing has given way to a sense of urgency to lock-in a mortgage at a low interest rate.”

While higher mortgage interest rates are on the horizon, BCREA forecasts the five-year posted mortgage rate to be 50 basis points higher a year from now. The impact on consumer demand is expected to be largely offset by stronger economic conditions and the associated employment growth.

Year-to-date, BC residential sales dollar volume was up 1.5 per cent to $26.5 billion, compared to the same period last year. Residential unit sales were down 0.6 per cent to 49,849 units, while the average MLS® residential price was up 2 per cent at $532,130.

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