While major urban centres across Canada experienced a quieter-than-usual spring, Kelowna continued to show strength in its residential real estate market.

Despite uncertainty at the national level, local demand—particularly for detached homes—remains steady, supported by tight supply and stable fundamentals.

Market Highlights: July 15th, 2025!

Kelowna’s 2.5% year-over-year increase in total sales outpaced many regions in British Columbia and Canada overall.

Nationally, the aggregate home price rose by just 0.3%, while Kelowna’s climbed by more than 5%.

Metric

Q2 2025

YoY Change

Aggregate Home Price

$868K

+5.1%

Detached Median Price

$1.2M

+6.0%

…

5391 Views, 0 Comments

Read Full Post