Around Town: Single-family benchmark price surpasses $500,000 in May

Around Town: Single-family benchmark price surpasses $500,000 in May

The benchmark price of a single-family home in the Vancouver Island Real Estate Board (VIREB) area broke the $500,000 mark in May, rising to $507,700, a 17 per cent increase from one year ago. Sales of single-family homes were down 17 per cent from last year but...
Around Town: Real estate prices continue to rise on Vancouver Island

Around Town: Real estate prices continue to rise on Vancouver Island

Sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area rose by 20 per cent month over month in April but remained static from one year ago. Demand is still outpacing supply in the VIREB area, particularly in some price ranges. Properties...