File Photo (Image Credit: CFJC Today)

By James Peters

Real Estate Activity

Amid economic uncertainty, Kamloops real estate market nudged upward in May

Jun 4, 2025 | 2:26 PM

KAMLOOPS — Real estate activity is on the upward trend in Kamloops, but remains below its level from one year ago.

New numbers released by the Association of Interior Realtors (AIR) show 235 residential unit sales in the Kamloops area last month. The May total is up from 215 in April, but is pacing 13 per cent below May of 2024.

AIR recorded 606 new listings in May — again, up from April but 1.1 per cent below the total from May of last year.

“Although activity in the Kamloops and District region is still below historical levels, a lift in active listings and strong engagement from serious buyers and sellers are supporting sales, while prices remain stable,” said AIR president Kadin Rainville.

The average sale price for a typical home in Kamloops has now reached $680,700.

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Overall in the Interior, unit sales were 13 per cent higher than in April, but 4 per cent lower than the heights reached last May.

“Market activity remains slightly subdued compared to historical norms, yet steady,” said Rainville. “Economic uncertainty continues to be a key factor influencing market activity — either driving momentum or dampening engagement, depending on local conditions.”