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!
Madison’s Lumber Report in Around Town
Your Weekly Construction Briefing
The price of the benchmark construction framing dimension Western Spruce-Pine-Fir 2×4 #2&Btr fell from US$960 mfbm (end of September) to US$580 mfbm (November 6). In September 2015 the low was US$249 mfbm. The last high was in June 2018, when the price was US$622 mfbm.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Cortes Island: Approvals proceeding for 22 units of non-profit rental housing.
- Cumberland: Public hearing scheduled for three-storey affordable housing project.
- Remembrance Day: Small acts of kindness can mark the day with gratitude and honour its enduring meaning.
Low Inventory, Upward Pressure on Price in Around Town
Your Weekly Construction Briefing
The changes to the Vancouver Island Real Estate Blard (VIREB) statistics/Matrix system for the Single Family Detached market now captures additional property types such as ‘Detached Waterfront’ houses. While this means that some of the past market indicators have been skewed, the numbers continue to provide some insight into the market trends.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Comox: Several tenders released for four apartment/condo buildings.
- Campbell River: Two 6-storey multi-family buildings proposed for Dogwood Street.
- Ucluelet: Thirty-three residential lots in Phase 5 of OceanWest in Ucluelet.
Year to date building statistics in Around Town
Your Weekly Construction Briefing
Comparing the year to date building permit values for the Comox Valley and Campbell River, 2020 now boasts an increase of 23.21% over 2019. The total permit values so far this year are $272.1 million.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Courtenay: Approvals are moving forward for 38 strata units.
- Campbell River: Preliminary approval in place for 32 residential lots.
- Building Statistics: Year to Date – increased by 23% from 2019.
New Home Registry Report In Around Town
Your Weekly Construction Briefing
According to the BC Housing New Home Registry statistics for Alberni-Clayoquot to North Island and Powell River, the number of newly registered homes and multi-units from January to August 2020 vs 2019 has decreased by 14% (836 vs 875 units).
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Comox: 12 acre subdivision with single family, duplexes, and patio homes
- Cumberland: Three-storey, 22 unit affordable housing project
- Ucluelet: 33 lot modular home affordable housing development
Commercial Building Awards Winners in Around Town
Your Weekly Construction Briefing
The 13th edition of the annual Vancouver Island Real Estate Board Commercial Building Awards was held virtually this year. Forty Three projects were up for the event this year, which celebrates the best in commercial, community and industrial buildings north of the Malahat, completed in 2019.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Courtenay: Rezoning approved for a five storey 118 unit apartment building.
- Tofino: Proposed project reduced from 374 mixed commercial residential to 74 residential units.
- Comox Valley: Tender issued for an estimated $7 million in upgrades at the Pollution Control Centre
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