Around Town: Home sales down from 2018 but prices still rising due to limited inventory
Although the national average price of a home dropped in March by 10.4 per cent, Vancouver Island saw big increases compared to the year before. The Canadian Real Estate Association (CREA) says to buy a home in Victoria, it will cost an average of $658,600, a 14.6 per...
Around Town: Vancouver Island Construction Report for Q4 2017
Construction activity on Vancouver Island remained robust during the fourth quarter of 2017. While there were normal seasonal declines in building permits issued during the fourth quarter, several new major projects where started. Employment in the industry rose by 11...
Editor’s Note February 14, 2018: Tenders released for BC Transit operations and maintenance facility in Campbell River
In This Issue: Tenders released for BC Transit operations and maintenance facility in Campbell River, Heritage Alteration permit submitted in Cumberland, and New five-storey project being proposed in Port Alberni. Tenders released for BC Transit operations...
Editor’s Note: January 24, 2018: $30 million upgrade for Highway to Tofino will begin in the spring
In This Issue: A $30 million upgrade for Highway to Tofino will begin in the spring A Cannabis Innovation Centre is proposed for the Town of Comox Design work is underway for a $27 million sewage treatment facility upgrade in Port Alberni A $30 million upgrade for...
Around Town: VIREB posts strongest December on record
The British Columbia Real Estate Association (BCREA) notes that the housing market in B.C. is thriving due to strong economic fundamentals, such as robust retail sales, job growth, and population growth. BCREA expects economic growth to slow in 2018, expanding at a...Get 8 FREE Issues!
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