2019 Buyer Profile in Around Town
Your Weekly Construction Briefing
The Vancouver Island Real Estate Board as released their 2019 Buyers Profile with 1378 survey respondents.
Campbell River: 48% of buyers where locals; 27% from elsewhere on Vancouver Island (VI); 19% first time home buyers; and 54% retired.
Comox Valley: 36% were locals; 55% new to the area with 24% from elsewhere on VI, 18% Vancouver, 15% other BC, 11% each for Alberta and Ontario, and 2% out of country; and 53% retired.
Port Alberni/West Coast: 34% were locals; 55% new to the area with 43% from elsewhere on VI, 13% other BC, 9% each Vancouver and Victoria; and 54% were retired.
North Island: 10 buyers responded with all being new to the area, 50% from elsewhere on VI, and seven purchasing their retirement home.
Powell River: The PR-SC Real Estate Board statistics from January to July 2019 showed in an equal 50%-50% split of local and out-of-town buyers with 13% being first home owners. Of the out-of-town buyers, 50% where from the Lower Mainland, 12.5% from each VI and Alberta, and 4% from outside Canada.
For more information see: http://www.vireb.com/assets/uploads/2019_buyer_profile_1840.pdf
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