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!
According to the BC Real Estate Association’s (BCREA) latest Economic Now report, new construction starts in BC are 29.5 per cent above October 2021, but fell by 14 per cent using the seasonally-adjusted annual rate (SAAR).
(more…)The BC Construction Association has released their Fall 2022 Industry Stat Pack. Construction continues to rank as BC’s number 1 employer contributing to over $15.6 Billion in wages in 2022.
(more…)Last month, there were 1360 active listings in the VIREB zones for single-family homes. As a comparison, there were under 400 homes listed in October 2021 and over 2,300 in October 2013. Sales from October 2021 are down 37% in single family, 65% in condos and 41 % in townhomes.
(more…)Year-to-date third quarter Building Permit statistics for 2022 show a continued downward trend in the number of permits issued in the Comox Valley and Campbell River. Compared year-over-year, 886 permits were issued up to the end of September in 2021 and only 675 in 2022.
(more…)Significant sewer system upgrades along some of the Comox Valley’s busiest roads will start in 2023 for 18 to 24 months. Information about traffic and construction impacts will be shared at a series of events this November.
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