If you’ve been asking yourself, “Is it a good time to buy in Kamloops?”, you’re not alone. With high interest rates, shifting prices, and an active inventory, buyers across BC are watching the market closely. Here’s what you need to know right now.

Kamloops Real Estate in August 2025: What’s Happening?

• Prices Are Stabilizing: After years of rapid price growth, the Kamloops housing market is starting to level off. Buyers now have a chance to shop with less urgency—and sometimes, more negotiating power.

• Inventory Is Growing: More homes are being listed this summer, which means more choices for buyers and less competition compared to last year.

• Sellers Are More Flexible: Motivated sellers are open to negotiating price, possession dates, or terms. That wasn’t the case during the peak of the pandemic-era frenzy.

• Interest Rates Remain High—for Now: This remains one of the biggest affordability barriers. But experts expect rate cuts may start in late 2025 or early 2026. Once rates drop, buyer demand will likely spike again—potentially driving prices up.

Why This May Be Your Window of Opportunity

While some buyers are waiting for interest rates to fall, the market is quietly offering opportunities to those who are ready today. Here's why:

• Less Competition Now = Better Deals

• Rates Will Likely Drop—But So Will Inventory

• Buying Before the Surge May Save You Thousands

If you’re financially prepared and have found the right home, this might be the ideal time to make your move.

“If you're financially ready and you find the right home, this could be your window. Waiting might cost you more later.”

Considering a Move to Kamloops or the Surrounding Area?

Whether you're looking to buy in Kamloops, Ashcroft, Clinton, or nearby communities, now’s the time to get expert guidance. Local market knowledge is key to buying smart.

📞 Kevin Scharfenberg
Personal Real Estate Corporation
📍 Based in Kamloops, BC
📲 250-457-1795
🏢 Brokered by: EXP Realty

Let’s chat about your goals—and whether buying now makes sense for you.