The Kamloops real estate market has seen significant changes over the past few years, driven by various economic factors and demographic shifts. As more people discover the beauty and lifestyle that Kamloops our population has grown on average of 1.5% per year. The market is fluid and can change many times throughout a single year.
Sales increased in the month of December 2024, compared to December 2023, for single family homes, townhouses, and apartments. This trend is due to the decreasing interest rates. A continuation of this trend will likely lead to a busy spring market. If you would like to find out how this will effect your purchase or sale this year reach out today!
