Residential real estate sales started the year off with nearly half as many sales activity compared to the same month the year prior, reports the Association of Interior REALTORS® (the Association). Within the Kamloops and District region, there were 104 residential unit sales recorded last month, up from the 75 recorded in December 2022, yet down 45.5% compared to January 2022.

There were 324 new listings added in January in the Kamloops and District region, which was a healthy uptick of 15.7% compared to the same time last year. Overall inventory, or active listings, saw an impressive 174.7% increase compared to January 2022, coming in at 2,044. “Listings in the region have been persistently low since 2016, so this injection of inventory is certainly…

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