Kelowna Housing 2025: $812K Avg Price
CMHC housing starts, completions, and price trends for the Kelowna CMA
In 2025, Kelowna CMA housing data from CMHC showed an average home price of $812,000, +1.8% up year-over-year, with 3,050 housing starts and 3,020 completions. Housing starts were +4.5% up year-over-year, and completions were +5.2% up year-over-year. Figures are sourced from CMHC (Canada Mortgage and Housing Corporation) housing starts, completions, and price data for the Kelowna Census Metropolitan Area.
What are housing prices in Kelowna?
Housing Starts (Latest)
3,050
Completions (Latest)
3,020
Avg Home Price
$812K
Total Starts (All Years)
25,160
Housing Starts by Year
| Date | Value |
|---|---|
| 2018 | 3,180 |
| 2019 | 2,850 |
| 2020 | 3,420 |
| 2021 | 3,810 |
| 2022 | 3,250 |
| 2023 | 2,680 |
| 2024 | 2,920 |
| 2025 | 3,050 |
Completions by Year
| Date | Value |
|---|---|
| 2018 | 2,940 |
| 2019 | 3,100 |
| 2020 | 2,780 |
| 2021 | 3,050 |
| 2022 | 3,380 |
| 2023 | 3,150 |
| 2024 | 2,870 |
| 2025 | 3,020 |
Average Home Price by Year (CMHC)
| Date | Value |
|---|---|
| 2018 | $512K |
| 2019 | $498K |
| 2020 | $545K |
| 2021 | $720K |
| 2022 | $815K |
| 2023 | $785K |
| 2024 | $798K |
| 2025 | $812K |
Housing Data by Year
| Year | Starts | Completions | Avg Price |
|---|---|---|---|
| 2018 | 3,180 | 2,940 | $512K |
| 2019 | 2,850 | 3,100 | $498K |
| 2020 | 3,420 | 2,780 | $545K |
| 2021 | 3,810 | 3,050 | $720K |
| 2022 | 3,250 | 3,380 | $815K |
| 2023 | 2,680 | 3,150 | $785K |
| 2024 | 2,920 | 2,870 | $798K |
| 2025* | 3,050 | 3,020 | $812K |
* 2025 figures are preliminary estimates
About This Data
Historical housing data is sourced from CMHC (Canada Mortgage and Housing Corporation) for the Kelowna Census Metropolitan Area. Housing starts measure new residential construction projects begun, while completions track finished units. Average home prices reflect the CMHC benchmark for the region. 2025 figures are preliminary estimates. For current market listings and sales data, see the Real Estate section.
