Kamloops housing sales may be down but its still outperforming the rest of the province.
The B.C Real Estate Association reports in June home sales across B.C dropped 32 per cent.
However Deputy Chief Economist Brendan Ogmundson says the numbers in the River City were not that bad.
“Home sales were down in Kamloops and the rest of the Interior on a year over year basis, down about 12 per cent compared to close to a 40 per cent drop in places like Vancouver and the Fraser Valley. So Kamloops and the Okanagan actually doing a lot better than the rest of the province and if we look at kind of a monthly basis, if we seasonally adjust the numbers home sales are actually starting to pick up.”
Ogmundson expects home sales to recover in the second half of the year.