Your Weekly Construction Briefing Despite home sales in Canada posting their worst start to the year since 2009, recorded sales only decreased by 3% between December 2022 and January...
Learn MoreYour Weekly Construction Briefing Last month, 165 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 24 per cent decrease from one year ago and a drop of 18 per cent from...
Learn MoreYour Weekly Construction Briefing The new buyer protection initiative came into force January 3, 2023. The ‘cooling off period’ will allow buyers to change their minds within three days of having...
Learn MoreYour Weekly Construction Briefing House prices across the country have fallen precipitously in response to rising interest rates. The Canadian Real Estate Association (CREA) recorded a decline in their...
Learn MoreYour Weekly Construction Briefing Last month, there were 1360 active listings in the VIREB zones for single-family homes. As a comparison, there were under 400 homes listed in October 2021 and over 2,300 in...
Learn MoreYour Weekly Construction Briefing Inventory in the VIREB area (north of Victoria) rose significantly last month, with listings of single-family homes more than doubling from June 2021. At the same...
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