Welcome to a more balanced real estate market, I didn't think I would be able to say that for quite some time. For the month of May 2022, the entire region saw 1,687 residential sales recorded which represents a 24.9% decrease compared to the busy month of May 2021. Kamloops specifically saw a decrease of 33.6% compared to the same time last year. 

The Association of Interior Realtors noted that there were 553 new listings added in May 2022 in the Kamloops and District region, which was an increase of 9.7% compared to May 2021. The average prices across all home categories showed percentage increases compared to the same time last year with the highest percentage increase being in the single-family category, up 22% coming in at $820,990. (this…

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