New Listing: 4-4395 Trans Canada Highway, Dallas, Kamloops, BC $69,900

4-4395 Trans Canada Hwy, Dallas, Kamloops Homes Sold

New Listing: 4-4395 Trans Canada Highway, Dallas, Kamloops, BC $69,900. Lovely two bedroom home with beautiful views of the northern hills and lots of parking. This home is situated on a spacious corner lot beside Crown Land and Pineridge Golf Course and is located only 10 minutes from downtown Kamloops with easy access to the highway.

There is a closed in porch/mudroom addition with access into the open kitchen and living area with cozy gas fireplace. The fully fenced yard is great for kids or dogs. Central air conditioning, storage shed and all appliances included. This home is perfect for first time buyers or downsizers. Pets and rentals allowed with park approval. Day before notice for showings.

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Kamloops District Real Estate Associations Statistics For February 2019

The Kamloops District Real Estate Association has released the latest Statistics for February 2019. Click on the image below to enlarge or PDF documents included in the links below

MLS Activity - February 2019

PDF: MLS Activity – February 2019

Comparative Analysis - February 2019

PDF: Comparative Analysis – February 2019

Sales by Sub-Area - February 2019

Sales by Sub-Area – February 2019

Sales by Sub-Area Out of Town - February 2019

Sales by Sub-Area Out of Town - February 2019

Sales by Sub-Area Out of Town – February 2019

 

For January’s Statistics click here

 

BCREA Housing Market Adjusts to Mortgage Stress Test

BCREA 2019 First Quarter Housing Forecast Update

Vancouver, BC – February 25, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 First Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 2 per cent to 80,000 units this year, after recording 78,345 residential sales in 2018. MLS® residential sales are forecast to increase a further 6.9 per cent to 85,500 units in 2020. The 10-year average for MLS® residential sales in the province is 85,800 units.

“The negative shock to affordability and purchasing power created by the B20 stress test on mortgage borrowers is expected to continue constraining housing demand in the province this year,” said Cameron Muir, BCREA Chief Economist. “Favourable demographics along with continuing strong performance of the BC economy is expected to underpin housing demand over the next two years.”

The policy-induced demand shock has contributed to an increase of the inventory of homes for sale in most regions of the province. As a result, market conditions are expected to provide little upward pressure on home prices this year, with the average annual residential price forecast to remain essentially unchanged, albeit up 0.5 per cent to $716,100. Modest improvement in consumer demand is expected to unfold over the next two years as households further adjust to the mortgage stress test.

To view the full BCREA Housing Forecast, click here.

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