Affordability and Economy in The Record

Affordability and Economy

Single-family prices below nearby markets

In August 2026, Campbell River's single-family benchmark was $155,400 below Comox Valley and $130,100 below Nanaimo. A lower price does not tell us whether local incomes can afford it.

August snapshots, 2021 to 2026 · Benchmark price ($)

$690,0002026 · Campbell River
$500k$700k$900k2021202320252026
  • Campbell River$690,000
  • Comox Valley$845,400
  • Nanaimo$820,100
Sources & methods

A benchmark is not the price paid by every buyer, and local government cannot claim that it caused regional market movement.

YearCampbell RiverComox ValleyNanaimo
2021$613,900$749,900$727,100
2023$661,200$801,500$801,000
2025$680,800$850,400$812,900
2026$690,000$845,400$820,100

Method notes

  • Every point is an August single-family benchmark from page 6 of VIREB's August 2026 package. Its historical figures are revised onto the same basis. The report provides 2021, 2023, 2025 and 2026 endpoints; connecting lines do not supply missing annual observations.
  • Earlier reports contain different historical values. A September 2022 snapshot from an older edition cannot establish a like-for-like change to August 2026. Inflation-adjusted home-price claims are omitted until a matching August CPI observation is verified.

What should be measured next: Track approval time, completed homes, product type and price relative to local incomes, not just headline market values.