Kamloops should escape the price shock homeowners in many parts of the province will experience when they tear open assessment notices next month.
Area deputy assessor Graham Held said yesterday that, while real-estate sales volumes in the Thompson region remain healthy, the market is not seeing the wild price increases found in the Lower Mainland.
“We’re looking at another flat market this year, a marginal increase,” Held said of assessment valuations.
Property owners across B.C. receive assessment notices in the first week of January. Those notices reflect property values as of July 1 the previous year.
“Certainly in the Kamloops market, it’s marginal increases,” Held said.
Kamloops & District Real Estate Association president Cyndi
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