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Kamloops and area on pace for an all-time record in home sales

Through the end of June, there have been 2,041 homes change hands in Kamloops and area. The previous high mark for sales at the six-month mark in the past decade occurred in 2017, when 1,665 homes changed hands by the end of that June. KADREA president Chelsea Mann said the region should see more than 4,000 sales this year if the pace holds. That would be an all-time record, she said. The sales activity means Kamloops is likely to remain a seller s market, due in part to longstanding supply issues, which have yet to ease, but they are improving. Mann said June was the first month this year in which there have been 15 per cent more listings than sales but sellers are still seeing multiple offers on those listings.

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