Year to Date Permit Statistics Around Town
Compared to 2018, the 2019 year to date construction values for the Comox Valley and Campbell River have decreased by 1.14% ($2.4 million). Cumberland and Comox continue to show a decline in single-family and secondary dwellings with 48% and 37% respectively, while the Comox Valley Regional District recorded the regions largest increase at 9% (99 to 108).
The number of all multi-family (2+) units has decreased by 70 in Campbell River and increased by 67 in the Comox Valley, with an overall total of 353 units.
Despite the slight decline in construction values and single-family units, the statistics continue to show a robust local construction industry and permits have been issued for 710 dwellings (down slightly from 734 in 2018). When comparing the first three quarters over the past four years, the overall construction values were $139 million in 2016, to $155 million in 2017, to $223.4 million in 2018, and $220.8 million this year.
For more information contact Pam BeynonBrown at pam@buildinglinks.ca.
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