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...
Around Town: VIREB releases November 2017 Housing Sales Statistics
In November 2017, the benchmark price of a single-family home in the VIREB area was $463,200, up 17 per cent from one year ago. (Benchmark pricing tracks the value of a typical home in the reported area.) The benchmark price of an apartment last month rose to...
Editor’s Note: November 22, 2017: Construction has started on Seymour Pacific’s 70-unit, multi-family development in Campbell River
In This Issue: Construction has started on Seymour Pacific’s 70-unit, multi-family development in Campbell River Port Alberni city council gave first and second reading to an OCP and Zoning Amendment application for a multi-family phased development at site of former...
Around Town: VIREB Reports Buyer Demand and Low Inventory in October’s Report
The Vancouver Island Real Estate Board (VIREB) reports that single-family home sales in October 2017 rose by 16 per cent from one year ago but dipped 10 per cent from September. Last month, 460 properties sold on the MLS System® compared to 398 one year ago and 511 in...
Editor’s Note: November 8, 2017: Construction continues on the $13.5 million Campbell River Trades Facility Replacement and Campus Consolidation Project
In This Issue: Construction continues on the $13.5 million Campbell River Trades Facility Replacement and Campus Consolidation Project Phase II tender for Powell River Airport expected to be issued in late November Construction is underway for a planned spill response...Get 8 FREE Issues!
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