Within the Kamloops and District region, there were 132 residential unit sales recorded last month, down from the 177 recorded in November yet up 43.5% compared to December 2023’s unit sales. This shows us that the sales activity was noticeably better at the end of 2024 than Continue Reading
The October market in Kamloops showed a slight increase in total units sold to 217 across all sectors and a 25.5% increase in active listings to 1281 compared to the same month in 2023. The residential benchmark sales price for a single-family home increased 1.3% to Continue Reading
August is typically one of the region's slower real estate activity months. Most people take some vacation during the month, which slows down the buyer's and seller's process. Two huge takeaways are that inventory is up 30% over the same time last year, sales volume is down Continue Reading
In order to be called an investment property, the property in question has to show some kind of investment return. But what does that investment return actually mean? It could mean a few different things to different people. Does the investment show a CAP rate Continue Reading
The province of BC has just introduced new legislation to reign in short-term rentals. The introduced legislation to regulate the short-term rental market in British Columbia appears to be a significant step in addressing the challenges posed by the rapid Continue Reading
Within the Kamloops and District region, there were 113 residential unit sales recorded last month, up from the 87 recorded in December 2023 and identical to January 2023 sales numbers. There were 306 new listings recorded in January in the Kamloops and District region, Continue Reading
