The Central One Credit Union has issued a housing forecast for Kamloops and its not as bright as the past two years.
Deputy Chief Economist Brian Yu says, Kamloops had strong years in 2016 and 2017.
However, he says over the next 24 months there will be a slowdown.
“We are expecting to see a little pullback this year after a very strong year. About three per cent in sales and steady thereafter. But I think the pricing conditions in the Kamloops area are going to be remaining quite stable. We are looking for about a one per cent growth this year and 2.7 in 2019.”
Yu says, the impact of tougher mortgage rules will also have an effect.