Building Links Blog
Read our blog to stay informed on the news for the construction and real estate industry for the Comox Valley, Campbell River, Comox, Port Alberni, Powell River, Tofino and Vancouver Island. Stay connected to get connected!
Read our blog to stay informed on the news for the construction and real estate industry for the Comox Valley, Campbell River, Comox, Port Alberni, Powell River, Tofino and Vancouver Island. Stay connected to get connected!
The City of Campbell River is replacing the Building Bylaw and inviting contractors to an Open House on March 7th from 2 to 4 pm.
(more…)Despite home sales in Canada posting their worst start to the year since 2009, recorded sales only decreased by 3% between December 2022 and January 2023. Actual (not seasonally adjusted) monthly activity came in 37.1% below January 2022 while the MLS® Home Price Index (HPI) declined by 1.9% month-over-month and was down 12.6% year-over-year.
(more…)Western Forest Products announced that it will not restart its Alberni-Pacific Division facility in its current configuration.
(more…)Last month, 165 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 24 per cent decrease from one year ago and a drop of 18 per cent from December. Sales of condo apartments came in at 42, declining by 52 per cent. In the row/townhouse category, 36 units sold, down 41 per cent.
(more…)Compared to 2022, the 2023 Vancouver Island property assessments range from -12% to +28%, with the low and high being within the North Island. Increases for the Comox Valley and Campbell River range from 10 to 17% compared to 34 to 38% in 2022 for single family homes.
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