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Housing Market

North Okanagan’s housing sales dips yet again

Nov 5, 2026 | 4:31 PM

The North Okanagan saw another dip in the housing market last month. The Association of Interior Realtors (AoIR) said a total of 126 sales were recorded in the area this October. That was down from September’s 129 sales, and below the 149 sales recorded in October 2025.

Most housing types in the area also saw prices decline this October.

The benchmark price for single family homes in the North Okanagan was recorded at $743,900 in October, down 4.8 per cent on a monthly basis though up1.5 per cent compared to the same month the year before. Condominium and apartments had a benchmark price of $305,000, which was down 6.0 per cent from September and down 1.6 per cent on an annual basis.

However, the benchmark price for a townhouse in the North Okanagan was recorded at $594,200, which was up 5.5 per cent from September’s price and up 7.4 per cent compared to October of 2025.

The change in prices came with a total 126 residential sales in the North Okanagan this October. That was down from September’s 129 sales, and below the 149 sales seen in October of 2025.

The Central Okanagan saw similar changes in its housing market during the most recent reporting month.

The area’s benchmark prices were $1,003,100 for a single family home and $465,100 for condos and apartments, both of which were down on monthly and annual comparisons. However, townhouse prices did rise to $727,400. 

There were also 290 residential sales in the Central Okanagan last month, which was down on both a monthly and an annual basis. 

Those trends of declining single family home and condo and apartment prices were also recorded across the entire Southern Interior, while townhouse prices rose.

The AoIR also reported declines in sales across the region in October when compared both to this September and to October of 2025.

Despite these changes the AoIR President, Ryan Mayne, said “the Interior continues to demonstrate a level of stability that is encouraging when compared to other markets across the province,” and adding that “we’re certainly not back to normalized activity levels, and things are moving more slowly than they were earlier in the year, but given the broader economic challenges, the market is holding a fairly steady course.”

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