CPABC: Kootenay home sales pick up in June, after a slower start to 2026

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Postmedia has not reviewed the content. by GlobeNewswire CPABC: Kootenay home sales pick up in June, after a slower start to 2026Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.CRANBROOK, British Columbia, Aug. 06, 2026 (GLOBE NEWSWIRE) — According to the Chartered Professional Accountants of British Columbia’s (CPABC) quarterly BC Check-Up economic release, the Kootenay region’s population was 176,982 on July 1, 2025, after adding 880 new residents during the previous 12 months.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an Account“International migration to the region fell dramatically in 2025, after reaching a record high just two years ago,” said Mike Calder, CPA, CA, partner at MNP. “On the other hand, domestic migration was relatively stable compared with last year.”The Kootenay region gained 119 residents from other countries, down 92.8 per cent year-over-year. Net migration from other regions in British Columbia (+738) and other provinces (+613) also contributed to population growth. Conversely, natural growth – births minus deaths – remained negative, reducing the region’s population by 590 people.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againSince July 1, 2020, the Kootenay region’s population increased by 11,256 people, or 6.8 per cent, with seniors aged 65 and older representing the fastest growing demographic (+6,887 people; +17.7 per cent) over that time span. By comparison, the number of core working-age residents – people aged 25-to-54 – increased by 10.0 per cent (+6,018 people) over five years.“Migration has helped increase the region’s working-age population, despite broader demographic pressures,” noted Calder. “As the population ages, attracting new residents will play an increasingly important role in supporting population and labour force growth.”There were 312 residential home sales within the Kootenay and Boundary region in June 2026, up 4.7 per cent compared with June 2025 sales. The encouraging monthly result follows a period of softer sales volumes. Year-to-date sales totalled 1,355, down 9.0 per cent compared with the first six months of 2025. Meanwhile, the year-to-date average sale price was $574,317, similar to the average sale price recorded one year earlier.“While June brought a welcome increase in housing market activity, year-to-date sales remain lower than a year ago,” concluded Calder. “Homebuyers continue to navigate a period of economic uncertainty, although stable home prices suggest that market conditions remain relatively balanced.”To learn more, visit www.bccpa.ca——————————————————————————————————————————————About CPA British ColumbiaThe Chartered Professional Accountants of British Columbia (CPABC) is the training, governing, and regulatory body for over 40,000 CPA members and 6,000 CPA candidates and students. CPABC carries out its primary mission to protect the public by enforcing the highest professional and ethical standards and contributing to the advancement of public policy.For more information, contact the CPABC Communications Team: news@bccpa.caThis advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.