by Christopher Kutyn

This month’s stats point to increased lot sales in both the Comox Valley and Campbell River markets.  The Comox Valley is up 11%,  while Campbell River is up 48%.  These 12 months comparison figures reflect a 23% increase to $175,446 in the average price for Comox, and a 17% increase to $135,566 in Campbell River.

The sale of unimproved acreages is up 16% in the Comox Valley, reflecting a 12% increase in the average price to $271,665.

In the words of one financial analyst, “never underestimate the importance of the construction industry to the local economy”.

"Not to speak is to speak. Not to act is to act" ~Deitrich Bonhoeffer

Christopher Kutyn

Chris has been appraising Real Estate for over 30 years and has served on the board for the local chapter of the Appraisal Institute of Canada.

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