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Around Town: Homes for sale in VIREB area drop to historic lows

Around Town: Homes for sale in VIREB area drop to historic lows

by Kenzie Andrews | Sep 21, 2016 | Around Town, Blog, Real Estate News, Vancouver Island Real Estate Board

Inventory levels of single-family homes in the VIREB (Vancouver Island Real Estate Board) area dropped to a historic low in August, dipping to 1,394, a 38 per cent decrease from one year ago and down from July’s 1,577 available listings. The last time inventory was...
Around Town: VIREB Statistics for July 2016

Around Town: VIREB Statistics for July 2016

by Kenzie Andrews | Aug 17, 2016 | Around Town, Blog, Real Estate News, Vancouver Island Real Estate, Vancouver Island Real Estate Board

Home Sales a Bit Cooler in July but Significantly Higher Than Last Year Home sales in the VIREB (Vancouver Island Real Estate Board) area cooled somewhat last month but posted a 19 per cent increase over July 2015. In July 2016, 608 single-family homes sold on the...
Around Town: Market Minute by Kutyn Appraisals

Around Town: Market Minute by Kutyn Appraisals

by Kenzie Andrews | Aug 10, 2016 | Around Town, BC Real Estate Appraisers, Blog, Campbell River, Comox Valley, Real Estate Appraiser, Real Estate News, Vancouver Island Real Estate

Chris Kutyn of Kutyn Appraisals has recently published a short analysis of the Comox Valley and Campbell River real estate markets. Here are a few highlights from his August newsletter. The tight rental market forced rental levels up and encouraged first time buyers...
Around Town: Vancouver Island Real Estate Market Cools Slightly in June

Around Town: Vancouver Island Real Estate Market Cools Slightly in June

by Kenzie Andrews | Jul 21, 2016 | Around Town, Blog, Real Estate News, Vancouver Island Real Estate, Vancouver Island Real Estate Board

Home sales in the Vancouver Island Real Estate Board (VIREB) area cooled slightly in June but were still significantly higher than reported one year ago. In June 2016, 713 single-family homes sold on the MLS® System compared to 636 last June, an increase of 12 per...
Around Town: Hot housing market on Vancouver Island puts home sellers in driver’s seat

Around Town: Hot housing market on Vancouver Island puts home sellers in driver’s seat

by Kenzie Andrews | Jun 9, 2016 | Around Town, Blog, Real Estate News, Vancouver Island Real Estate Board

According to the most recent statistics from the Vancouver Island Real Estate Board (VIREB), buyers are competing for available listings on Vancouver Island. In May 2016, 771 single-family homes sold on the MLS® System compared to 527 last May, an increase of 46 per...
Around Town: Buyer demand continues to outpace supply in VIREB area

Around Town: Buyer demand continues to outpace supply in VIREB area

by Kenzie Andrews | May 12, 2016 | Around Town, Campbell River, Comox Valley, Real Estate News, Vancouver Island Real Estate Board

In April 2016, the benchmark price of a single-family home in the VIREB (Vancouver Island Real Estate Board) area was $356,700, up 8.36 per cent from one year ago. Benchmark pricing tracks the value of a typical home in the reported area. The benchmark price of...
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