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Low Inventory, Upward Pressure on Price in Around Town

Low Inventory, Upward Pressure on Price in Around Town

by Kenzie Andrews | Nov 5, 2020 | Around Town, Blog, Campbell River, Comox Valley, Kutyn Property Services, Real Estate Sales

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...
Sales, Sales, Sales!  In Around Town

Sales, Sales, Sales! In Around Town

by Kenzie Andrews | Jul 9, 2020 | Around Town, Blog, Kutyn Property Services, Real Estate Sales, Vancouver Island Real Estate Board

Your Weekly Construction Briefing In the Comox Valley, single family house sales in June were up 293% compared to May. Sales were up 56% this June compared to June 2019, with a 16% increase in the average price to $627,920 on 96 sales. In Campbell River, June sales...
Sales down, prices stable in Around Town

Sales down, prices stable in Around Town

by Kenzie Andrews | May 7, 2020 | Around Town, Blog, Kutyn Property Services, Real Estate News

Your Weekly Construction Briefing While the COVID pandemic has resulted in lower sales volumes, the possibility of sharp downward pressure on price, at least until now, has not materialized. Kutyn Real Estate Appraisers have released their assessment of the Vancouver...

Snap, Crackle and…. In Around Town

by Kenzie Andrews | Mar 5, 2020 | Around Town, Blog, Kutyn Property Services, Real Estate News, Vancouver Island Real Estate Board

Has the bubble just popped?  The cyclical property market trend suggests that we have been due for a correction for some time.  Closer to home, after strong sales figures in the single-family market in November and December, sales were off sharply for the month of...
Kutyn Market Minute in Around Town

Kutyn Market Minute in Around Town

by Kenzie Andrews | Nov 7, 2019 | Around Town, Blog, Kutyn Property Services, Real Estate Appraiser, Real Estate News

For both the Comox Valley and Campbell River, the single-family statistics point to higher inventories and longer days to sell. The year to date statistics indicate lower sales volumes, but again average prices are up.   In this week’s Around Town, Kutyn...

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