by Kenzie Andrews | Jun 7, 2018 | Blog, Campbell River, Comox Valley, Nanaimo, Parksville, Port Alberni, Qualicum Beach, Real Estate News, Vancouver Island Real Estate Board
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...
by Kenzie Andrews | May 23, 2018 | Blog, Campbell River, Construction News, Courtenay, Powell River, Real Estate News
In This Issue: Campbell River’s newest five-storey, 68-unit multi-family project on South Dogwood Street has been issued an $8.3 million building permit. Pre-sales are underway for the condominiums at Newport Village, 3070 Kilpatrick Avenue in Courtenay. Powell...
by Kenzie Andrews | May 10, 2018 | Around Town, Blog, Campbell River, Comox Valley, Duncan, Nanaimo, Port Alberni, Real Estate News, Vancouver Island Real Estate Board
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...
by Kenzie Andrews | Apr 19, 2018 | Around Town, Blog, Campbell River, Canadian Real Estate Association, Comox Valley, Port Alberni, Real Estate News, Vancouver Island Real Estate Board
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...
by Kenzie Andrews | Mar 15, 2018 | Around Town, Blog, Real Estate News, Vancouver Island Real Estate Board
There were 812 single-family homes for sale in February compared to 749 in January and 947 one year ago in the Vancouver Island Real Estate Board (VIREB) region (north of the Malahat). The supply of apartments and townhouses also rose slightly from 2017, up three per...
by Kenzie Andrews | Mar 7, 2018 | Blog, Comox Valley Regional District, Construction News, Editor's Note, Powell River, Real Estate News, Union Bay
In This Week’s Issue: A ‘notice of upcoming tender’ is expected to be issued later this month for the new Comox Valley Regional District (CVRD) regional office building Work on the water treatment plant in Union Bay is expected to begin this fall in preparing...