LANDCOR Online Real Estate Analysis August 3, 2007 Chair Stephen Quinn Thompson-Nicola Regional District 300 465 Victoria St Kamloops BC V2C 2A9 Dear Chair Quinn, R~: A_f!0rdability o! Vacatiol1 Properties in BC in 2006 Please find enclosed a complimentary Market Analysis report outlining the Affordability of Vacation Property in Lake Regions of British Columbia. This report analyzes the market changes over the last 10years to highlight the areas of extreme market fluctuation as relating to average price change. The significant items of interest are: • Kootenays waterfront average price increased over 250% from 1996-2006. • Lake Country (Okanagan) average waterfront price over $1,250,000in 2006. • 5.6% of Lake Area properties purchased by Calgarians. Our rich data access, direct market experience and statistical capabilities position Landcor™ as the leading resource for British Columbia real estate analysis. We've served this market for more than 20 years, and are now the premier provider of real estate information in the province. Landcor will be publishing several high-value reports this quarter dealing with: foreign ownership, market statistics, assessed values, sales history and market trends. As a premier market/media player in our business segment I wish to offer you these reports on a complimentar basis, to receive the next three reports in this series or to discuss this report please call e t (604)606-791 or email
[email protected] for further information. Upcoming Reports: o Whistler Watch o Gulf Islands Rudy Nielsen RI (Be), FRI President Landcor Data Corporation Landcor Data Corporation BofD #200 - 313 Sixth St, New Westminster British Columbia, Canada V3L 3A7 Agenda - ~ 0·, I~/07 Tel: (604) 606-7914 Fax: (604) 606-7901 .