No Cooling Trend in Sight
Market activity remains strong, especially in the Comox Valley where house sales for the month of June were up by 25% over last June. The strength in this sector is complemented with the sale of improved acreages up 8%, lots up 12%, and waterfront homes up 13%.
In Campbell River the annual house sales volume is up 4%, with a 5% increase in the average price to $313,632. Once again, active market conditions are reflected in other sectors. Sales volumes for apartment condos are up 35% in sales for the month of June compared to last June. Perhaps more significant is the dramatic increase in lot sales; up 29% for the past 12 months. The average price has increased 20% to $132,466,