February is beginning to show signs that Spring is just around the corner! Closing off the end of February with just over 500 more listings than last month, we’re starting to see a bit more inventory for Buyers to view and compare. Seasonally we’re seeing slower sales than this time last year which is to be expected with a cooler winter season and higher interest rates over last year. The BC Real Estate Association (BCREA) released its first quarter housing forecast summary and they are projecting a slight boost in the number of sales and a steady increase in the price of homes in Kamloops and across the province for 2019. BCREA has forecast that Kamloops may experience the second biggest jump in the province for 2019 in terms of the price of homes – great news for Sellers!
Do you want to discuss how this may affect you and your house price ahead of the Spring market? Give me a call at the Remax office at 250-374-3331 or directly on my cell at 778-220-4639.