February 2020

Found 1 blog entry for February 2020.

 

In Port Alberni, the benchmark price of a single-family home in January came in at $328,900 which rose marginally from December and a grew 9.65% from January last year. Compared to the board-wide average at only 4%, this is a significant increase for all of Vancouver Island. 

 

In the apartment category, the year-over-year benchmark price rose by five per cent, hitting $172,400 with a three percent drop form the month prior. The benchmark price of a townhouse rose by 2.79% year over year, climbing to $192,800, and was virtually the same as in December. 

 

Trend wise, inventory is tightening again, which is one of the factors behind weaker sales. REALTORS® are reporting that there is keen interest among buyers. However, reduced purchasing

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