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Your Weekly Construction Briefing Last month, there were 1195 active listings in the VIREB areas for single-family detached properties, compared to 301 in November 2021. There were 286 condos listed, up from 96 listings one year ago, and 266...
Learn MoreA new First-Time Home Buyer GST rebate, introduced on May 27, allows eligible buyers to recover up to $50,000 of the GST paid on new homes purchased from a builder. To qualify, at least one purchaser must be a Canadian citizen or permanent resident, and must not...
Learn MoreIn this week’s Building Links: Bamfield: Community Hall construction update. Courtenay: Building permit submitted for BC Housing’s 143 bed/unit project Quadra Island: RFP issued for site preparation, foundation and slab...
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In May, the Vancouver Island Real Estate Board (VIREB) reported 781 property sales, down 3% from last year, while active listings rose 5% to 4,439. Inventory rose slightly across all categories, supporting a balanced market with nearly six months of supply. The...
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