File Photo (Image Credit: CFJC Today)

By James Peters

Real Estate Activity

February home sales in Kamloops remained steady in face of economic uncertainty

Mar 5, 2025 | 3:17 PM

KAMLOOPS — The economic uncertainty brought on by Canada’s trade war with the United States has yet to have a significant impact on the Kamloops real estate market.

New statistics shared by the Association of Interior Realtors (AIR) show 159 residential units changed hands in the Kamloops area in February. That’s up 14 per cent from January and 2.6 per cent from February of 2024.

New listings were down to 336, a decrease of 16 per cent from January and 13 per cent from February of last year.

“The Kamloops and District real estate market continues to follow seasonal trends, with sales activity only slightly below average,” said AIR President Kaytee Sharun in a news release. “despite recent fluctuations, both sales and listings remain within historical norms, reflecting a balanced and resilient market.”

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“Overall, it was a relatively steady month for real estate transactions, despite a slight decline in new listings,” added Sharun, discussing the region as a whole. “Typically we see a seasonal uptick in momentum leading into the spring market. However, external factors — such as economic uncertainty and the potential impact of tariffs — may be among the influences causing a slight easing off the accelerator in real estate activity.”