Steady As She Goes
In the single family house sector, both the Comox and Campbell River markets continue to point to reduced sales volumes, combined with some upward pressure on price. Both markets have more active listings than at this time last year; Comox shows a 40% increase to 258, and Campbell River shows a 21% increase to 132. This is good news, but more listings are needed to meet the pent up demand.
Similar trends apply in the Condo sector – apartments, patio homes and townhouses. Inventory level s are low in Comox, and almost non-existent in Campbell River.