Vancouver Island Real Estate Board reports Septembers Statistics

Posted on Oct 5, 2010

Parksville/Qualicum Beach Jumped 10% in Sales for September 2010

Vancouver Island Real Estate Board (VIREB) released the Multiple Listing Service (MLS) sales summary data for September 2010 which shows declines in unit sales on Vancouver Island compared to 2009.

There were 267 sales of Vancouver Island single family properties in the VIREB area through the MLS in September 2010, down 41% from the 449 sales in September 2009.

“We are beginning to see a plateau in inventories while prices are holding their own, “says VIREB President Cliff Moberg.” “With historically low interest rates still available, it may be as good a time as any to consider buying a home”, he adds.

In September of this year, 679 single family Vancouver Island homes came on the market in compared with 687 in September of last year.

The average sale price across the VIREB region for September 2010 was $325,336; a 2 % decrease from the $333,117 posted a year ago.

For the 12-month period from the end of September 2009 to September 2010, average Vancouver Island sale prices across VIREB’s six zones were:

Excerpted from 1stView.ca.

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Elemental Energy Conduct Air Leakage Test on Vancouver Island Homes

Posted on Oct 2, 2010

As the leaves turn on Vancouver Island and Fall is upon us, the temperature outside begins to drop.  This is also the time when thermostats are being turned up and the wood stoves are getting fired up again.

There are a few things to keep in mind regarding home maintenance as the cold weather approaches Vancouver Island.  What maintenance have you done on your Vancouver Island home and heating system?

  • Re-caulking windows & doors and replacing weather stripping;
  • Changed filters, duct cleaning and chimney cleaned & inspected;
  • Vacuuming out of baseboards and checking for foreign debris such as crayons.

Another option is to complete an Air Leakage Test in your Vancouver Island home to see where you are loosing heat.

Cristi with Elemental Energy Advisors can come and complete an Air Leakage Test on your home and show you exactly where you need to tighten up your Vancouver Island home, to keep the heat in and reduce your utility bills.

For more information or if you have any questions about your Vancouver Island home energy efficiency, contact cristi@elementalenergyadvisors.ca or call 250-830-8000.

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Vancouver Island Housing Starts on Par with Five-Year Average

Posted on Sep 12, 2010

Victoria Accounts for Half of Vancouver Island’s Housing Starts in August

There were 329 housing starts across urban Vancouver Island centres recorded by Canada Mortgage & Housing Corporation (CMHC) in August 2010. This is an increase from July 2010 and it is on par with the five-year average for August.

The most active Urban Vancouver Island residential construction market in August was the Vancouver Island apartment condominium market. In Victoria CMA there were 160 apartment condominiums that started construction in August, this number represents nearly half of all August housing starts recorded across Urban Vancouver Island. Single detached homes accounted for over 80% residential construction activity on Vancouver Island (outside of Victoria CMA) which consists of Duncan CA, Nanaimo CA, Parksville CA, and Courtenay CA.

Nationally, the seasonally adjusted annual rate of total housing starts dipped to 183,300 units in August. In British Columbia, August’s seasonally adjusted rate of urban housing starts moved higher to 25,400 units, from 20,100 units in July.

Excerpted from 1stView.ca.

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Vancouver Island Commercial Building Energy Consumption

Posted on Aug 23, 2010

Elemental Energy Advisors in the Comox Valley Conduct Energy Audits

Commercial buildings on Vancouver Island, such as hotels, warehouses or small storefronts, consume large amounts of energy to help keep the environment comfortable for the tenants. Elemental Energy Advisors located in the Comox Valley on Vancouver Island, are able to determine where the power is going and what they can do to reduce energy consumption.

An Energy audit can be conducted in order to calculate the energy being used in a commercial building; this is useful to identify large areas of loss.  When these areas are identified, they can be rectified so that your Vancouver Island commercial building is operating as efficiently as possible.

Cristi with Elemental Energy Advisors in the Comox Valley can assist you in lowering operating expenses on your commercial building located on Vancouver Island.

For more information view Elemental Energy Advisors .

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BC Hydro Provides Funding for EnerGuide Labeling

Posted on Aug 5, 2010

Energy Efficient Homes on Vancouver Island

BC Hydro is providing funding to cover approximately 90% of the cost towards EnerGuide labeling, when building a new Vancouver Island home. There is a time frame in regards to this funding and it will only be available until the BC Building Codes changes in 2011. Changes in the BC Building Codes could result in mandatory EGH labeling of all new construction on Vancouver Island.

In the City of Vancouver, it is now mandatory to have EGH labeling on all new construction in order to obtain an occupancy permit.

In order to gain a competitive market edge on Vancouver Island, why not prove that the construction of your new Vancouver Island home is energy efficient through a Natural Resources Canada EGH label on your breaker panel.

Cristi from Elemental Energy Advisors on Vancouver Island, can assist you on EGH labeling, air leakage testing and help Build Green Builders register their homes.

Excerpted from 1stView.ca.

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Majestic Stones and Granite Retailer & Wholesaler of Imported Granite

Posted on Jul 29, 2010

Showroom located in the Cowichan Valley

Majestic Stones and Granite is a Vancouver Island retailer and wholesaler of imported granite countertops, stone sinks, and other natural stone products such as flooring, mortuary stone, fountains, and garden decor which is located in the Cowichan Valley.

The most popular product of this Vancouver Island business is its pre-fabricated granite countertops and kitchen islands. Counter tops come in standard lengths of 96 x 26 inches and are the most affordable retail granite option and may be used to renovate, or when building, your Vancouver Island home. Custom orders are also available.

Majestic Stones and Granite has a showroom located at 150 Station Street in Duncan on Vancouver Island and they may be contacted at phone number is (250) 597-4351. Their cell number is (250) 701-2539 and their fax number is (250) 597-4352.  Come in and see what this Vancouver Island business has in stock.

For more information see Majestic Stones.

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