Around Town: Apartment Condos are Selling (but!) for Less in the Comox Valley and in Campbell River
In the apartment/condominium sector, the average prices of properties are down; 14% in the Comox Valley and 18% in Campbell River. The analysis from Kutyn Appraisers indicates that the market in Campbell River is balanced; although the Sell/List ratio is 64% in the...
Around Town: British Columbia Housing Starts to Remain Stable in 2016 and 2017
Housing starts in British Columbia are forecast to remain relatively stable, ranging between 25,500 to 34,100 units in 2016 with a point forecast of 30,800 units, according to Canada Mortgage and Housing Corporation’s Housing Market Outlook report. In 2017, housing...
Around Town: Vancouver Island Real Estate Board Reports 2015 Sales Statistics
A total of 4,886 single-family homes sold on the Multiple Listing Service® (MLS®) in the Vancouver Island Real Estate Board (VIREB) region in 2015, an increase of 13 per cent over the 4,335 sales recorded the previous year. Both the benchmark and average prices...
Around Town: BC Assessment Sends out Vancouver Island Property Assessments for 2016
During the first part of January, more than 360,000 properties throughout the Vancouver Island Region can expect to receive their 2016 property assessment notices which reflect market value as of July 1, 2015. The majority of residential home assessments within the...
Around Town: Update on John Hart Replacement Project
Work is progressing on time at the John Hart Dam generating station replacement project in Campbell River. The work site is expanding as more aspects of the project come under construction, and various components of the project begin to come together. Steel bracing...Get 8 FREE Issues!
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