2025 was the year of resilience for Vancouver Island real estate. Discover how Comox Valley and Campbell River markets are shifting as we enter 2026. The 2025 market review highlights a steady 1.7% increase in sales across the Vancouver Island Real Estate Board (VIREB). While the Lower Mainland faced volatility, the Comox Valley and Campbell River areas maintained balance. Waterfront properties and retirees moving from Ontario drove demand, even as new construction slowed due to development uncertainty following the Cowichan indigenous title ruling. Benchmark prices in Campbell River sit at $670,900, while the Comox Valley rose to $847,200. With Bank of Canada interest rates holding at 2.25% in early 2026, the focus has shifted from a frenzied market to intentional, long-term decisions. Downsizing remains a major trend as retirees seek walkable communities and healthcare access in the Valley. Despite a first-ever population decline of younger residents leaving for work, the 65+ demographic continues to support housing demand. Looking at 2026, stability is expected to reward patient buyers and sellers who prioritize local knowledge over headlines. https://www.heatherclifford.com/free-... Home Evaluation ⬆️ 📲 Let’s connect and bring your Vancouver Island lifestyle to life. Phone • Guidance • Expertise — from someone who’s proud to call the Valley home. Heather Clifford heatherclifford.com