Date: January 14, 2026 Category: Market Statistics, Real Estate News
As we close the book on 2025, the Canadian real estate landscape tells a story of resilience and rebalancing. For buyers and sellers in Campbell River and across Vancouver Island, understanding the broader national trends—from the busy streets of Toronto to the coastal communities of BC—is key to making informed decisions in 2026.
December’s data reveals a shift towards more balanced markets across major centres, with inventory levels rising and price growth moderating. Let’s dive into the year-end numbers to see what they mean for your real estate goals.
Vancouver Island Real Estate Board (VIREB)
Focus: Campbell River, Nanaimo, Parksville-Qualicum, Comox Valley
The Vancouver Island market has demonstrated remarkable stability in the face of economic headwinds. While sales activity saw a typical seasonal dip in December, the year-over-year picture shows a market that is holding its value well. For local buyers in Campbell River and the Discovery Islands, this stability offers a predictable environment for entering the market or upgrading.
December 2025 Key Statistics:
Total Unit Sales: 412 (Down 6% year-over-year)
Active Listings: 3,075 (Up 7% year-over-year)
Single-Family Benchmark Price: $773,000 (Up 1% year-over-year)
Apartment Benchmark Price: $405,400 (Up 3% year-over-year)
Townhouse Benchmark Price: $537,200 (Down 2% year-over-year)
Roman’s Take: "The slight increase in inventory gives buyers more breathing room, but the resilience in single-family home prices proves that demand for the Island lifestyle remains strong."
Visualizing the Island Market:
Greater Vancouver REALTORS® (GVR)
Focus: Metro Vancouver, Burnaby, Richmond, North Shore
2025 SAW LOWEST ANNUAL SALES TOTAL IN OVER 2 DACADES.
The Metro Vancouver market ended 2025 with sales activity at a two-decade low, firmly placing the region in Buyer’s Market territory. With a sales-to-active listings ratio of 12.7%, downward pressure on prices has created opportunities for those who were previously priced out.
Last year’s sales total was 24.7 per cent below the 10-year annual sales average (31,625).
December 2025 Key Statistics:
Residential Sales: 1,537 (Down 12.9% year-over-year)
New Listings: 1,849 (Up 10.3% year-over-year)
Total Active Listings: 12,550 (Up 14.6% year-over-year)
Sales-to-Active Ratio: 12.7%
Composite Benchmark Price: $1,114,800 (Down 4.5% year-over-year)
Market Balance Indicator:
Calgary Real Estate Board (CREB)
Focus: Calgary, Airdrie, Cochrane
Calgary continues its shift toward balance. A surge in new listings throughout 2025 helped alleviate the chronic supply shortages of previous years. This influx has cooled price growth, making the market more accessible compared to the frenzied pace of 2024.
December 2025 Key Statistics for City of Calgary:
Total Sales: 1,126 (Down 14.57% year-over-year)
New Listings: 1,219 (Up 6% year-over-year)
Total Inventory: 3,860 units
Months of Supply: 3.43 months (Balanced)
Benchmark Price: $554,700
Toronto Regional Real Estate Board (TRREB)
Focus: GTA, York Region, Peel Region
The GTA market is seeing improved affordability as we head into 2026. With mortgage rates trending lower and selling prices adjusting, TRREB anticipates a potential recovery in buyer activity as consumer confidence returns.
December 2025 Key Statistics:
Home Sales: 3,697 (Down 8.9% year-over-year)
New Listings: 5,299 (Up 1.8% year-over-year)
Average Selling Price: $1,006,735 (Down 5.1% year-over-year)
Year-Over-Year Comparison:
What This Means for You in 2026
Whether you are looking to sell your home in Campbell River, buy a vacation property on Quadra Island, or invest in the broader market, the data points to a year of opportunity. Inventory is healthy, and price volatility has stabilized.
Thinking of making a move this year? Let’s chat about how these stats apply to your specific neighbourhood and property type.
Roman Krzaczek Your Local Expert for Campbell River & The Discovery Islands 📞 Cell: 604-787-4594 ✉️ Email: Contact Me
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