July 6

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Kamloops Real Estate Market Update

By Kevin Wood

July 6, 2025

Kamloops market update, Kamloops Real Estate, Moving to Kamloops

Kevin Wood Kamloops Realtor

Kamloops Real Estate Market Update: What Mid-2025 Trends Mean for Buyers and Sellers

As we pass the midpoint of 2025—and celebrate Canada Day—it’s a perfect time to reflect on the year so far and assess what the current market signals could mean for your next real estate decision in Kamloops, BC.

While economic uncertainty, shifting interest rates, and global trade discussions continue to shape Canada’s housing market, recent national data hints at a potential turnaround. Here in Kamloops, we’re seeing similar early indicators that suggest an evolving landscape for both buyers and sellers.

Whether you’re exploring the idea of buying your first home, listing your property, or simply keeping tabs on your investment, this Kamloops real estate market update will break down the key trends and how to make smart, strategic moves moving forward.

Subtle Signs of Recovery in a Cautious Market

National housing activity saw its first increase in over six months this spring, with Canadian home sales climbing 3.6% between April and May, according to the Canadian Real Estate Association (CREA). This growth was largely fueled by higher activity in markets like Toronto and Calgary—but Kamloops is also experiencing more buyer inquiries and a modest uptick in showings.

Although the recovery is still in its early stages, the momentum is encouraging.

Existing home sales in Canada

What it means for Kamloops homeowners and buyers: While we’re not in full rebound territory just yet, this could be the start of a more active summer and fall market. Buyers may want to secure properties before competition increases, and sellers should prepare their homes now to capitalize on upcoming demand. If you're unsure of the best time to make a move in Kamloops, let's have a conversation about your goals.

Fixed Mortgage Rates Provide Predictability in Uncertain Times

For Kamloops homebuyers, one of the biggest factors right now is financing. With economic unpredictability—including fluctuating inflation and geopolitical issues—many are leaning toward fixed-rate mortgage products to lock in stability.

Although rate cuts were anticipated earlier this year, the Bank of Canada has been cautious, and the outlook for further adjustments remains uncertain.

What it means for Kamloops buyers and owners: If you're planning to purchase a home, refinance, or invest in property, now is a crucial time to understand your borrowing power. A fixed mortgage may help you plan with confidence in today’s environment. I can connect you with a trusted local mortgage specialist to explore your options.

Inventory Levels Balance Out—With Regional Nuances

Inventory has been tight for several years across many Canadian markets, including Kamloops. But as of May 2025, there’s been a 13.2% year-over-year increase in active listings nationally—helping to ease pressure and move toward more balanced conditions.

Kamloops, like other mid-sized markets, is beginning to see more listings come online, giving buyers slightly more choice without dramatically shifting toward a buyer’s market.

What it means for Kamloops buyers and sellers: If you're buying, this could be your chance to explore more inventory and make competitive—but informed—offers. If you're selling, strategic pricing and professional marketing are still key, especially with more competition entering the market. A local expert can guide you through the nuances of supply and demand in your specific neighbourhood—whether that’s Brocklehurst, Aberdeen, Sahali, or Westsyde.

Home Prices Stabilize, but Local Factors Still Matter

On a national level, home prices have stabilized, with the MLS® Home Price Index dipping just 0.2% in May 2025. However, average sale prices are still down 1.8% year-over-year. That said, Kamloops remains relatively insulated from the steeper price declines seen in high-cost urban centres like Vancouver or Toronto.

Our city continues to appeal to buyers seeking affordability, outdoor lifestyle, and strong community amenities—all of which help to keep demand relatively steady.

What it means for Kamloops buyers and sellers: In a shifting market, pricing is everything. For buyers, some neighbourhoods may offer better value and long-term upside. For sellers, understanding how to price your home to stand out—without undercutting your equity—is critical. Let’s discuss your property’s unique position in today’s Kamloops real estate landscape.

Make a Confident Move in Kamloops This Year

National trends can give us an overall picture—but your real estate decisions are local. And in a market like Kamloops, where neighbourhoods vary widely in price, pace, and demand, working with a knowledgeable agent is your best advantage.

Whether you're considering a move to Juniper Ridge for its family-friendly vibe, downsizing in Sahali, or investing in a rental near TRU, now is a smart time to review your real estate goals.

Buyers: This could be one of the best times in recent years to purchase in Kamloops. Let’s explore what’s available that fits your needs and budget.

Sellers: The right listing strategy, pricing, and presentation can help you stand out and sell confidently.

Homeowners: Not sure what your home is worth or how market changes affect your equity? I’m happy to provide a complimentary evaluation and walk through your options.

Let’s Talk About Your Real Estate Plans

The real estate landscape may be shifting, but you don’t have to navigate it alone. As a local REALTOR® with deep roots in Kamloops, I offer expert guidance backed by real-time data, professional insight, and a genuine commitment to your success.

📞 Reach out today to talk about buying, selling, or simply understanding where you stand in the Kamloops market.

Disclaimer: This blog is intended for informational purposes only and should not be considered financial, legal, or mortgage advice. Please consult appropriate professionals regarding your specific situation.

Sources:

RBC Economics -
https://www.rbc.com/en/thought-leadership/economics/canadianhousing/monthly-housing-market-update/canadas-housing-market-finds-a-footing-in-may/

Global News -
https://globalnews.ca/news/11181839/canada-home-sales-april/

Canadian Real Estate Association -
https://stats.crea.ca/en-CA/

Canadian Mortgage Professional -
https://www.mpamag.com/ca/mortgage-industry/industry-trends/dont-expect-canadian-mortgage-rates-to-see-a-big-decline-anytime-soon/537204

Yahoo! Finance -
https://ca.finance.yahoo.com/news/what-will-the-bank-of-canada-do-next-economists-forecasts-are-all-over-the-place-155451996.html

Royal Bank of Canada -
https://www.rbc.com/en/thought-leadership/economics/canadianhousing/special-housing-reports/early-signs-of-renewed-housing-market-confidence-emerge-in-canada/

About the author

Kevin Wood is a Real Estate Professional in the Kamloops area. With over 17 years of business experience, Kevin brings a Client Focused approach to helping you get the most out of your Real Estate transaction.

 
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Bendix Jessen

 

Excellent service, confident advise and prompt service!

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