Your Weekly Construction Briefing Western Forest Products announced that it will not restart its Alberni-Pacific Division facility in its current configuration. The Alberni mill will remain closed while a...
Learn MoreYour Weekly Construction Briefing 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...
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Your Weekly Construction Briefing 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...
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Your Weekly Construction Briefing Compared to 2021, total building permit values in 2022 decreased by 24 per cent from $452 to $334 million. The number of permits issued also decreased by 26 per cent from...
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Your Weekly Construction Briefing The new buyer protection initiative came into force January 3, 2023. The ‘cooling off period’ will allow buyers to change their minds within three days of having...
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Your Weekly Construction Briefing House prices across the country have fallen precipitously in response to rising interest rates. The Canadian Real Estate Association (CREA) recorded a decline in their...
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