The Kamloops District Real Estate Association has released the latest Statistics for January 2019. Click on the image below to enlarge or PDF documents included in the links below.
The Kamloops District Real Estate Association has released the latest Statistics for November 2018. Click on the image below to enlarge or PDF documents included in the links below.
Vancouver, BC – September 14, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 9,162 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, an increase of 2.4 per cent from the same period last year. Total sales dollar volume was $6.2 billion, up 22 per cent from August 2016. The average MLS® residential price in the province was $678,186, a 19.1 per cent increase from August 2016.
“BC home sales in August remained unchanged from July, on a seasonally adjusted basis,” said Cameron Muir, BCREA Chief Economist. “Strong economic conditions are underpinning demand. However, rising home prices combined with upward pressure on mortgage interest rates is expected to temper demand over the balance of the year.”
Year-to-date, BC residential sales dollar volume was down 15.9 per cent to $51.8 billion, when compared with the same period in 2016. Residential unit sales declined 15.0 per cent to 73,267 units, while the average MLS® residential price was down 1.1 per cent to $706,839.
Happy Holidays from everyone at The Kirsten Mason Team. We hope your holidays will be filled with joy and laughter! We all hope that 2017 brings you joy, health and success. Wishing you a happy and prosperous New Year.