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Archives for September 2020

Re/max Bursary Program for Western Canada Students

Are you a soon to be 2021 High School Graduate and looking to pursue post secondary education?

Re/max of Western Canada is offered 16 – $1000.00 bursaries for Grade 12 Graduates through RE/MAX Quest for Excellence Bursary Program — plus for one recipient you could receive a hot air balloon ride for two!

The Quest for Excellence Program recognizes the pursuits in leadership and community contributions of Western Canadian students. High school students graduating in 2021 from British Columbia, Alberta, Saskatchewan, Manitoba, Yukon and Northwest Territories are encouraged to write an essay to convey the contributions they have made to enrich the lives of others and their communities through leadership, motivation, volunteering and participation in charitable events or fundraising.

“It’s truly amazing learning about our applicants for the Quest for Excellence Bursary Program each year,” says Kelsey Sheppy, Executive Assistant, RE/MAX of Western Canada. “These students make such a huge positive impact in their communities and each year our applicant list keeps growing and knowing that so many students are volunteering their time and giving back sheds such a positive light in our world right now.”

Sixteen winners will be selected from entries received online at remax.ca. Each winner will receive a $1,000 RE/MAX Quest for Excellence bursary. All 16 bursary recipients will be placed in a draw and one lucky student will also receive a hot air balloon ride for two from the closest major city. The application deadline is March 15, 2021.  Award recipients will be notified in April 2021, with a formal presentation at the students’ commencement ceremonies.

“All of the students we recognize each year through Quest for Excellence have made positive impacts on their communities,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada. “This is a program we’re incredibly proud of, because it helps empower these young leaders on their journey.”

August 2020 Market Statistics

Were almost all the way through 2020  and what a whirl wind the first 8 months of this year has been! As we wrap up the end of summer, I hope everyone was able to enjoy some of the sights around our beautiful province and enjoyed their staycations at home. If you didn’t  let me know – lets find you a new house for 2021’s staycation!

There was a strong market movement in August. This past month experienced the highest number of sales in August than ever before seen historically in the same month. Looking at year over year, while there was a slow down first quarter with a below average second quarter – quickly we have seen a recovery moving past last years sales.

The most interesting moving category this year is the $600,000 category – this year in 2020 – 316 house sales have occurred in the City of Kamloops. Over 17% more than last year and 30% more than the year before that. The demand for that price range has doubled over the course of 5 years. 

Neighbourhoods with the most sales in August (# of sales):

  1. Sahali (31)
  2. Aberdeen (27)
  3. Brocklehurst (26)
  4. South Kamloops (25)
  5. Westsyde (25)
  AUG 2019 AUG  2020 Year to Date
NEW LISTINGS 286 367 2386
TOTAL SALES 203 274 1438
AVG. RESIDENTIAL SALE PRICE $443,453 $468,861 $468,554
AVG. DAYS ON MARKET 45 58 56
ACTIVE LISTINGS 823 1029  

–

 

YTD 2019 2020
NEW LISTINGS 2366 2386
TOTAL SALES 1644 1438
AVG. RESIDENTIAL SALE PRICE $442,293 $468,554
DAYS ON MARKET 46 55

 

* Stats are for Kamloops area only, all types of housing as of SEPT 5/20 *

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