MID-ISLAND REAL ESTATE SALES INCREASING

DUNCAN - It looks like Vancouver Island real estate on the mid-island could be well on its way to recovery.

The latest sales statistics released by the Vancouver Island Real Estate Board show sales are up significantly over last year. 

Unit sales for this October are up 93% over October 2008.

In the 6 zones of the Vancouver Island Real Estate Board all had increases in sales.

Campbell river 52%

Comox valley 105%

Cowichan valley 87%

Nanaimo 134%

Oceanside 76%

Port alberni/west coast 62%

But the increase in sales, didn't go hand in hand with prices - for the most part, average prices in the Vancouver Island Real Estate Board area are slightly down over last October.

 

 

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