The real estate market here in Kamloops is now in full spring mode now, just a little later with some carry over into summer. When looking at the direct sales numbers, we had more sales in June 2020 than in June 2019, while not a huge jump of numbers it shows that while Continue Reading
The Canadian Housing Mortgage Corporation (CMHC) the largest mortgage insurance provider in Canada is making changes to their qualification rules. As of July 1, 2020 all high ratio mortgage applications or those with less than 20% down will have to comply to tighter Continue Reading
Here we are nearly half way through 2020 and sitting down at the end of the first week of June looking back on May activity. Stronger market her in Kamloops in May than what we saw in March & April, a good sign that the typical spring market is beginning but also Continue Reading
With the year rolling out as a wild roller coaster, it has been a difficult year thus far to accurately predict "whats next?" Here in Kamloops, we have seen an increase in housing prices of 22% in 5 years with a large portion of that increase in 2017. When we first began off Continue Reading
Saying April was an interesting month would be an understatement! Between the world health crisis, murder bees and households turned school rooms - there was not much time for real estate it would seem. All jokes aside, this month compared to last year - no surprising Continue Reading
Written by PR&Content Manager Re/max Canada - Lydia McNutt (remax.ca) With social distancing advisories and non-essential business closures in place, many people – some real estate agents included – are scrutinizing whether real estate is an essential service as it has Continue Reading
