Kelowna Real Estate Blog | Kelowna Real Estate News & Information

Kelowna Real Estate in 2026: Will You Sell Too Early, Too Late – or Just Right?

Every market has its turning point. Kelowna real estate is no different.

For Kelowna, 2026&7 is shaping up to be that year.

Even for sellers who want to go, the challenge is when: is it too early, too late, or exactly on time?

The past two years told the same story, where prices held steady, but condos and townhomes grew in supply, largely due to the flux of upcoming rental-only housing options.

Those inventories began to languish in 2024-25. 

Single-fam inventory keeps on ticking though, with prices moderately declined from the bubble war highs of 2021-22, which did not reflect intrinsic reality, but rather a temporal moment for sellers to rejoice, repocket, and reallocate risk according to their preference.

Now, interest rates are expected to ease well before mid-2026, and possibly reach a comfortable floor in early 2027, according to RBC Economics’ Robert Hogue.

More from RBC Economics August 12th, 2025 edition of Special Housing Reports:

• Prices were expected to decline in Q3-Q4 ‘25 and are expected to decline by 0.7% in 2026.

• Supply-demand conditions have shifted in buyers’ favour, particularly in Ontario and B.C

• But: constraints will temper the recovery

No matter if you’re buying or selling, there is a battle of sorts for price, terms, conditions, and including the right chattels to set the deal firm, but the severity really depends on who you’re dealing with at the other edge of the table.

Markets are arenas.

So. What events, happenings, or changes might reshape the residential real estate landscape across Canada’s gameboard?

Supply and demand trends are a first-level analysis, but we have to look deeper into human emotions and psychology to understand market fluxes and fluctuations.

Our ChatGPT Custom Definitions

Flux: Continuous movement or change; a state of flow or instability where things are not fixed. Think “everything is in motion.”

Fluctuation: The rise and fall of values, conditions, or quantities around an average point. Think “zig-zagging movement” up and down.

Right now, Kelowna real estate is in a state of flux AND fluctuation, meaning opportunity abounds for those who use logic.

Don’t rush to sell. Don’t wait too long and miss your battle-hardened market advantage.

Keep moving, even if you don’t know your next step. That’s for those of us with good instinct towards a target.

Call me sometime if you’re looking to get back in the investment game here in Kelowna. It’s happening now.

Anno 2026 will belong to those of us who prepare now, and know how to work against constraints.

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Prices are stabilizing, inventory is improving, and smart buyers who plan carefully can still find opportunities. Kelowna real estate investment is chance to beat GICs in an asset class that's unavailable to regular investor mindsets.

Book your personalized 2026 Timing Strategy Session

250-717-3133

https://www.vantagewestrealty.com/contact.php

Vantage West Realty, Inc. is a licensed, full-service residential real estate brokerage headquartered in Kelowna, British Columbia, operating as a boutique but vertically integrated firm that provides residential sales, buyer representation, presale specialist services, and rental property management through affiliated property-management operations.

We position ourselves as a client-education and solutions-oriented brokerage by combining high-volume transactional capacity with investor and property-management services to serve buyers, sellers, landlords and tenants across the Okanagan region.

In partnership with our ghostwriter, Devan Reid Smith

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