{"id":7815,"date":"2026-02-04T16:30:00","date_gmt":"2026-02-05T00:30:00","guid":{"rendered":"https:\/\/infonews.ca\/?p=7528383"},"modified":"2026-02-04T16:27:28","modified_gmt":"2026-02-05T00:27:28","slug":"real-estate-sales-slump-in-okanagan-and-kamloops","status":"publish","type":"post","link":"https:\/\/infonews.ca\/inhome\/news\/7815\/real-estate-sales-slump-in-okanagan-and-kamloops\/","title":{"rendered":"Real estate sales slump in Okanagan and Kamloops"},"content":{"rendered":"\n<p>Southern Interior real estate saw a 22% drop in sales in January with fewer properties sold in almost every category across Kamloops and the Okanagan.<\/p>\n\n\n\n<p>Only townhomes in the North Okanagan saw more sales in January, compared to the same month in 2025, with single-family homes and condos across Kamloops and the Okanagan seeing a steep decline in sales.\u00a0<\/p>\n\n\n\n<p>According to figures from the BC Association of Interior Realtors, the South Okanagan saw the biggest drop in single-family home sales at 48% fewer than in January 2025.\u00a0<\/p>\n\n\n\n<p>The Central Okanagan saw a 17% drop, while the North Okanagan and Kamloops saw a 21% and 25% decline, respectively.<\/p>\n\n\n\n<p>Condo sales also slumped across the region with drops ranging from 32% in the South Okanagan to 13% in the Central Okanagan. The North Okanagan saw a drop of 21% and Kamloops a 25% decline.<\/p>\n\n\n\n<p>The only category that saw an increase in sales was townhomes in the North Okanagan, which saw a 125% increase, but with only nine sales.<\/p>\n\n\n\n<p>Townhome sales were down 50% in the South Okanagan, 35% in Kamloops and 5% in the Central Okanagan.<\/p>\n\n\n\n<p>However, while sales slumped across the region, prices held steady in all markets and categories.<\/p>\n\n\n\n<p>In Kamloops, where condo sales fell by 25%, prices actually increased by 8%.<\/p>\n\n\n\n<p>The biggest price drop across all categories and regions was in townhomes in the Central Okanagan, which saw sales fall by 5% and prices by 9%.<\/p>\n\n\n\n<p>In Kamloops, 25% fewer single-family homes were sold, but prices still increased, albeit by 5%.<\/p>\n\n\n\n<p>The South Okanagan saw the biggest price drop in single-family home prices, with a 7.5% decrease, while the Central Okanagan reported a mere 0.1% decrease in price and the North Okanagan saw a 1.7% decline.<\/p>\n\n\n\n<p>The benchmark price of a single-family home in the Central Okanagan is now $1,060,300, in the North Okanagan it\u2019s $745,200, in the South Okanagan it\u2019s $711,100 and in Kamloops it\u2019s $660,300.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Only one housing type in one region saw an uptick in sales in January.<\/p>\n","protected":false},"author":292,"featured_media":7715,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"guid":"","source":"","byline":"","published":"","updated":"","_infotelid":"","_prepressid":"","_multisite_post_sync":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1680,541,543],"tags":[],"region":[322,323,324,325],"class_list":["post-7815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local","category-topnews","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/infonews.ca\/inhome\/news\/7815\/real-estate-sales-slump-in-okanagan-and-kamloops\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Real estate sales slump 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