The Kamloops and District real estate market is showing renewed strength after a sluggish start to the summer season, with sales, prices, and inventory all trending upward, according to the latest data from the Association of Interior Realtors.

In July, the region recorded 259 residential unit sales totaling $162.9 million in dollar volume. This represents a 9.3% increase in sales activity and a 12.2% increase in value compared to July 2024. Inventory also grew, with 1,506 active listings (up 5.8% year-over-year) and 511 new listings, marking a significant 13.8% jump in new supply.

“Though momentum has eased slightly month over month, the Kamloops and District region continues to outperform the same period last year, reflecting steady overall performance,” said Kadin Rainville, President of the Association. “Active listings appear to have plateaued slightly, but inventory levels remain sufficient to support the current tempered pace of demand.”

Prices Holding Firm

In Kamloops, benchmark prices reflected continued market stability. The single-family home benchmark price rose 2.2% to $673,200, while townhomes increased 1.3% to $532,900. The condominium market, however, saw a 6.0% decrease in the benchmark price, down to $363,100—suggesting a possible cooling in that segment.

Rainville noted that the market is entering a “more typical summer rhythm,” adding that earlier disruptions caused by tariffs appear to be easing. “For the second month in a row, market activity continues to trend in a positive direction, even with stabilized inventory momentum,” he said.

Expert Guidance Recommended

With prices fluctuating and market conditions varying widely by region and property type, the Association is encouraging buyers and sellers to seek the guidance of licensed Realtors.

“Given the high stakes of real estate transactions, professional support ensures informed decisions in a dynamic market,” said Rainville.