Market Statistics – November 2020

“In the wake of a second Covid wave and as we approach the holidays, we will expectedly be recording fewer sales over the next month, but factors such as low interest rates, high demand for single-family homes, and a rising average price will hopefully aid the slow path to a full market recovery in 2021. Thanks to the resilience shown by Kamloops Realtors® and other real estate stakeholders, we are prepared to work through any phase that may hinder real estate operations next year.”