Kamloops real estate hot streak continues
KAMLOOPS — The Kamloops real estate market remained red hot last month.
258 homes changed hands last month, a 27 per cent increase compared to October of 2015.
Kamloops and District Real Estate Association President Katherine Rutherford says the dollar value of homes sold in 2016 has already surpassed $1 billion – a 34 per cent bump over the same time last year.
Rutherford adds it remains to be seen how strict new federal mortgage qualification rules impact the market.