The latest statistics from the Kamloops and District Real Estate Association (KADREA) are just out.
Year to date, January 1 to June 30 residential sales are up 18.4%.
Monthly data June 2015 vs June 2014 sales are up 42.2%. This is very encouraging for home sellers.
Market balance for residential sales is now at 59.6%.... Kamloops is now in a Seller's Market. Even if we take all segments including commercial, residential and land etc the market balance is slightly less at 51.5% but still headed towards a Seller's Market.
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Thanks for reading, please call me if you need information about your home's positiion within your neighbourhood.