Parker Bennett and guests from around the housing industry discuss the ins and outs of today's real estate market specifically for the Kamloops and local surrounding markets.
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April 17, 202642 min
Kamloops Land Claims with Dallas Brodie
Explore the complex intersection of land claims, real estate markets, and political strategies in British Columbia with Dallas Brodie, an MLA and experienced lawyer, during the Kamloops Real Estate Insider podcast. Dallas offers insight into indigenous land claims, government transparency, and the economic impact on property owners and prospective investors.
Dallas Brody's diverse background, transitioning from law to broadcast journalism to politics
The influence of land claims, especially in Kamloops, on local real estate and outdoor recreation
The implications of the recent Musqueam agreement and ongoing land rights disputes
The role of government transparency and stealth in land agreements and negotiations
How UNDRIP and DRIPA are shaping land sovereignty, mineral rights, and resource industries
The impact of Indigenous land claims on property rights, taxation, and local economies
The importance of voting and political engagement for property owners’ future
The economic repercussions of land disputes, including capital flight and government debt
Timestamps:
Resources & Links:
Yuri Fulmer Campaign
BC Real Estate Association
Robin Younger - Indigenous Law Expert
UNDRIP Official Document
Gitsan Case / Dripa Legislation
Connect with Dallas Brodie:
LinkedIn
Twitter
March 19, 202629 min
The Latest On Mortgage News What You Need To Know
In this episode, mortgage broker Harj Seekon shares insights on the current economic climate, the impact of Bank of Canada's decisions, and tips for first-time homebuyers navigating a complex market. Discover how recent regulations like the LTI and changes in interest rates affect your home buying journey.
March 16, 202645 min
Everything Related To Furnaces & Heat Pumps
In this episode of the Kamloops Real Estate Insider podcast, host Parker Bennett interviews Luke Hartley from Hartley and Co. Heating and AC. They discuss Luke's journey into the HVAC industry, the importance of understanding HVAC qualifications, the evolution of heat pumps, and the significance of proper installation and sizing in both residential and commercial applications. The conversation also touches on the usability of heat pumps, comfort considerations, and the advantages of dual fuel systems compared to full electric heat pumps. In this conversation, Parker Bennett discusses various aspects of HVAC installations, including the importance of optimizing placement for efficiency and aesthetics, navigating the BC building code, and the ongoing debate between electrification and natural gas heating systems. He emphasizes the significance of dual fuel systems for flexibility and the necessity of regular maintenance for modern HVAC systems. The discussion is interspersed with humorous anecdotes from his experiences in the field, providing insights into the challenges and realities of the HVAC industry.
February 20, 202630 min
Foreclosures & court ordered sales - What you need to know
In this episode of the Kamloops Real Estate Insider Podcast, Parker Bennett breaks down exactly what foreclosures and court-ordered sales mean in British Columbia. From foreclosure proceedings and Certificates of Pending Litigation (CPLs) to Schedule A clauses and “as is, where is” conditions, Parker walks you through how the process works — and what buyers need to know before stepping into one of these transactions.
Drawing from over 20 years of experience as both a former building inspector and a top-producing real estate agent, Parker shares real-life stories — including his own first foreclosure purchase — and explains the serious risks buyers often overlook. From hidden material latent defects to the possibility of last-minute damage before possession, foreclosure purchases can carry significant uncertainty. He also explains the unique court approval process, including how competing buyers can show up on court day and outbid an accepted offer.
Finally, Parker explores whether foreclosures are actually on the rise in Kamloops, separating market data from market perception, and offers practical tips for navigating these opportunities strategically.
If you've ever wondered whether foreclosures are truly lucrative or simply high-risk, this episode gives you the straight goods — no hype, just experience.
February 13, 202626 min
Attic Mold Issues
In this episode of the Kamloops Insider Podcast, Parker Bennett discusses the complexities of attic spaces, focusing on mold growth, its causes, and solutions. He emphasizes the importance of understanding attic mechanics, the role of ventilation, and how to address mold issues effectively. The conversation provides valuable insights for home buyers and owners, particularly regarding inspection and maintenance of attic spaces.
takeaways
If you see discoloration in your attic, don't panic.
Understanding attic mechanics is crucial for home maintenance.
Mold requires three components to grow: organic material, moisture, and temperature.
Isolated mold issues can often be fixed by managing moisture.
Generalized mold discoloration indicates ventilation problems.
Severe mold issues may require structural repairs and professional help.
Regular inspection of attic spaces can prevent major issues.
Home inspectors use specific terminology to describe mold-related issues.
Ventilation is key to preventing mold growth in attics.
Homeowners should monitor attic conditions throughout the year.
February 10, 202616 min
A real estate opportunity hiding in plain sight!
This conversation explores the housing and investment opportunities in Logan Lake, BC, highlighting its economic stability, community development, and the impact of the mining industry. Parker Bennett discusses the affordability of real estate in Logan Lake compared to Kamloops, the potential for growth due to the mine's life extension, and the benefits of living in a safe, family-friendly environment. The discussion emphasizes the emerging rental market and the overall appeal of Logan Lake as a viable option for homebuyers and investors.
takeaways
Logan Lake presents a unique housing opportunity.
Economic stability is linked to home ownership.
The community is family-oriented and safe.
Mining activities drive local economic growth.
The average home price in Logan Lake is significantly lower than in Kamloops.
There is a strong rental market due to job influx from the mine.
Logan Lake has seen a population increase of 12% in six years.
The mine's life extension project will create long-term jobs.
Investing in Logan Lake is a smart choice for first-time homebuyers.
The area offers a high quality of life with outdoor activities.
February 7, 202645 min
The latest on the Kamloops rental market
Podcast Description – Kamloops Real Estate Insider
With Parker Bennett | Kamloops Rental Market Update
In this episode of the Kamloops Real Estate Insider Podcast, Parker Bennett sits down with returning guest and professional property manager Rohit Kumar to break down what’s really happening in the Kamloops rental market—and how it connects directly to the broader Kamloops real estate landscape.
Parker Bennett opens the episode with a candid update on Kamloops real estate sales data, highlighting one of the slowest January markets on record, longer days on market, and what this shift means for homeowners, landlords, renters, and every real estate investor operating in Kamloops. While sales volume is down, benchmark pricing remains resilient—reinforcing that pricing strategy, not panic, is shaping outcomes in today’s real estate environment
The conversation then pivots to the Kamloops rental market, where Rohit introduces the concept of the “sorting effect”—a defining trend for 2026. In this balanced market, rental outcomes are no longer uniform. Instead, A-grade rental properties lease quickly, B-grade properties take longer, and C-grade properties linger—often forcing price corrections. For any real estate investor in Kamloops, understanding where a property falls in this spectrum is now critical.
Key insights for Kamloops real estate investors include:
Why many unsold Kamloops real estate listings convert to rentals after 60 days
How vacancy rates in Kamloops are realistically closer to 4–5%, not 1%
Why tenants now have more leverage in the Kamloops rental market
How overpricing leads to longer vacancies and higher cash-flow risk for investors
Why chasing premium rents often attracts higher-risk tenants instead of better ones
Parker Bennett and Rohit also discuss the surge in purpose-built rental developments across Kamloops, the impact on long-term cap rates, and why investors must rethink assumptions made during the ultra-competitive 2021–2023 market. As Parker Bennett explains, Kamloops doesn’t have a housing shortage—it has an affordability problem, which is reshaping both real estate and rental decisions across the city.
This episode is essential listening for:
Kamloops real estate investors
January 23, 202616 min
2025 Kamloops Realestate In Review And What To Expect In 2026
2025 Market Snapshot: The Numbers
Across Canada, there were 470,313 residential sales in 2025, representing a 1.9% decline compared to 2024.
In British Columbia, we recorded 70,233 residential transactions, down 5.7% year over year, reflecting a more cautious market environment provincially.
Kamloops, however, told a slightly different story. The market recorded 2,391 residential transactions—only eight fewer than 2024, and 52 more than 2023. In other words, our local market remained remarkably stable relative to broader provincial trends.
From a pricing standpoint:
Canada’s average sale price in 2025: $673,335
BC’s average sale price: $964,371
Kamloops’ average sale price: approximately $800,000, with a benchmark price of $664,600, closely aligned with the national average
Homes in Kamloops sold for an average of 97.7% of asking price and spent about 47 days on market throughout the year.
As we begin 2026, there are currently 1,477 residential properties active across our district, including 739 listings within Kamloops city limits. Of those, 235 are single-family detached homes.
Understanding the Hesitation
Many British Columbians are now becoming familiar with legislation and concepts that weren’t part of everyday conversation even a year ago: Reconcilliation, DRIPA, Land Claims
Ongoing land claims and reconciliation discussions
At the provincial level, there is a growing perception among tax-paying residents that legislation has moved faster than communication and clarity. That perception—fair or not—has influenced confidence across real estate, development, and investment sectors.
We’ve also seen isolated examples where private landowners faced complex and costly processes after discoveries on their own properties. While these cases are not widespread, they raise concerns about precedent and due process, which amplifies uncertainty.
The 2026 Outlook: Two Parts
According to the Canadian Real Estate Association, national residential sales are expected to rise 5.1% in 2026, driven by pent-up demand and lower interest rates. However, much of that growth is forecasted for provinces such as Quebec, Saskatchewan, and Alberta, where sales are projected to increase between 5% and 8%.
For British Columbia, CREA projects a more modest 1.9% increase in unit sales and a 2.3% increase in average sale price.
BC Real Estate Association, has offered a bolder outlook, forecasting a 12.8% increase in unit sales as buyers re-engage with the market.
My own outlook for 2026
I believe the first part of 2026 will remain cautious as buyers and sellers wait for clearer direction—particularly around the appeal process following recent court decisions and how DRIPA will ultimately be interpreted in practice.
The Opportunity
Importantly, there is no hard data showing that Kamloops housing prices are declining due to land-claim discussions. Sales volume may be softer, but that is consistent with uncertainty—not a market collapse.
For clients who are both selling and buying, the risk is extremely limited. Even modest price softening can create stronger buying opportunities on the next purchase.
For those exiting the market entirely, it means staying informed and strategic. Thus far, prices and activity levels have not shifted meaningfully from where they were since, March 2025.
Kamloops recorded 2,391 residential sales in 2025, consistent with post-COVID annual norms. My expectation for 2026 is roughly 2,400 sales once again, with the year starting slowly and gaining momentum once one of two things happens:
Greater clarity is provided around DRIPA and land-claim implications, or
There is a change in provincial leadership or policy direction that restores broader market confidence.
August 8, 202538 min
Could Solar be in your Homes Future?
On this episode Parker speaks to Steve Moe from Riverside Energy Systems and they discuss solar panels and the viability of adding a custom solar system on your home in BC. They also discuss the advantages and financial strategies to help pay for the installation of the system. A really good listen, if you have always wondered if solar would be a good fit for your home.
June 19, 20258 min
Mid June 2025 Real Estate Market Report
📊 Kamloops Real Estate Market Update – June 19, 2025
What’s happening in the Kamloops real estate market right now:
Sales are down 13% compared to this time last year.
235 homes sold in May.
So far in June (as of June 18), 156 sales have taken place.
We’re on pace for 230–240 sales this month, which is in line with a normal June.
Seasonal Trends:
February to June are typically the busiest months for sales.
July slows down, usually making up just 6–8% of annual sales.
Inventory Levels:
2,152 homes are currently listed for sale in Kamloops.
In May, we added 610 new listings, but only sold 235 homes.
That means buyers have lots of options and more leverage.
Right now, we have about 10 months’ worth of inventory on the market.
If you’re selling:
Only 10% of homes are selling each month.
Pricing your home correctly is key to getting offers.
Selling Stats:
Average days on market: 48 days
Homes are selling for just over 96% of list price
High-End Market Snapshot:
273 homes currently listed over $1 million
Only 23 sold in the last 30 days
93 new listings over $1M came to market in the same time
The million-dollar market is slower and more competitive
If you’re thinking of buying or selling—or just curious about your home’s value—reach out anytime. I’m always happy to help.
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