Around Town: Home sales shifting

Around Town: Home sales shifting

Housing demand in the Vancouver Island Real Estate Board (VIREB) area, Duncan to Port Hardy, has shifted lower in the first half of 2018. Despite lower sales thus far, lack of inventory continues to tilt the market in favour of sellers and push prices upwards. June...
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: New Affordable Housing Funding

Around Town: New Affordable Housing Funding

BC Housing has announced funding opportunities through a Community Housing Fund. The new program is expected to create over 14,000 new residential units across BC over the next 10 years. Projects can be combined with an existing mixed-use site or existing housing if...