Kamloops & District Market Overview 3rd Quarter 2022
The Association of Interior Realtors has released the Kamloops and District market overview for the 3rd Quarter of 2022. There is a lot of good information in their report that shows what the Kamloops market is doing. While it is very quiet out there due to the ongoing interest rate hikes, inflation and overall financial uncertainty, the prices of homes in the area are still higher year over year. This slow down won’t go on forever and what we saw over the past year or so was very unsustainable. It is nice now, Buyers have time to think about their decisions. Unfortunately Sellers are having to find a bit more patience with the process however they do eventually sell as there are still buyers out shopping.
The PDF document with the full report is included below.