Kelowna Real Estate Stats - Market Update - Here's What Happened in June 2025

by Michelle Collie

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose

July 1, 2025

We're halfway through 2025, and a lot has happened with regard to real estate. One of the most recent impacts on the market is the brand new GST Exemption on new-builds for first time home buyers (conditions apply). In 2025, the Property Transfer Tax exemption threshold for new builds was increased, making many brand new homes more financially accessible for eligible buyers. Both of these initiatives are putting a spotlight on new build projects and buyers are taking their time comparing resale vs new.

Curious how it’s playing out locally? Dive into our June market snapshot below, then get in touch to learn how to navigate the current market.

There are a lot of great homes on the market right now which is great news for buyers. For sellers, let's work together to ensure your home stands out. So, if you're looking to buy or sell in Kelowna, give us a call at 250-258-9888.