Category: Kamloops Real Estate Statistics
Real Estate Statistics For Kamloops And The Surrounding Communities
Kamloops Experiences Increase in Housing Starts, Kamloops BC Now
This article appeared in the KamloopsBCNow.com on May 8th, 2015 and was written by Wendy McLeod.
April turned out to be a good month for housing starts in Kamloops.
Figures last month came in above year-earlier figures, according to the Canada Mortgage and Housing Corporation (CMHC).
A reported 59 units were started in April compared to just 38 units during the same month one year ago.
When broken down, 47 of the new housing starts were single-detached residences while 12 were multiples housing. That compares to 36 single-detached homes in 2014 and two multiples.
So far this year total housing starts sit at 111 which are lower when compared to the same time period of 2014 with 153 starts.
BC Home Sales Post Strongest March in Eight Years, BCREA
Vancouver, BC – April 16, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 9,101 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March, up 37.6 per cent from the same month last year. Total sales dollar volume was $5.8 billion, an increase of 57.1 per cent compared to a year ago. The average MLS® residential price in the province rose to $641,799, up 14.1 per cent from the same month last year.
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“BC home sales climbed significantly in March,” said Cameron Muir, BCREA Chief Economist. “More homes traded hands last month than any March since 2007. On a seasonally adjusted basis, March posted the most home sales of any month since December of 2009.”
“Rock bottom interest rates and rising consumer confidence have strengthened housing markets in most regions of the province, added Muir. “Many board areas are now exhibiting sellers’ market conditions with home prices advancing well above the overall rate of inflation.”
During the first quarter, BC residential sales dollar volume was up 33.2 per cent to $12.7 billion, compared to the same period last year. Residential unit sales were up 22.5 per cent to 20,139 units, while the average MLS® residential price was up 8.7 per cent at $630,435.
Kamloops District Real Estate Associations Statistics For March 2015 and First Quarter
Kamloops District Real Estate Associations Statistics For the First Quarter of 2015 and for March 2015. Click image to enlarge.
Kamloops Real Estate Comparative analysis by property type March 2015
Kamloops Real Estate MLS Activity March 2015
Kamloops Real Estate Sales by subarea First Quarter 2015
Kamloops Real Estate Sales by subarea March 2015