Comox Valley Real Estate - March 2024

Comox Valley Real Estate - may 2026 update

Comox Valley statistics for April 2026 :

  • Average sell price of a detached home in April was $942,800; this is up 5.2% from last month and up 0.8% from last year.
  • There were 194 residential listings in April, this is up 31% from last month and down 6.3% from last year.
  • It took an average of 36 days to sell a detached home in April, this is 24% slower than last month and 12% faster than last year.     
  • A total of 59 detached homes sold in April; this is up 28% from last month (46 sold) and down 28% from last year (82 sold).

For detailed information, visit Comox Valley Real Estate Statistics or contact me directly. 

Interest rate remains unchanged

Bank of Canada holds Interest rate at 2.25%

The Bank of Canada maintained its policy rate at 2.25% on April 29, 2026, marking a third consecutive hold for the year following a cut in October 2025. Citing continued uncertainty due to the conflict in the Middle East —affecting global energy prices— and ongoing trade uncertainties, the Bank of Canada maintained a cautious stance. The next rate announcement is scheduled for June 10, 2026.

To read press release, visit:  https://www.bankofcanada.ca/2026/04/fad-press-release-2026-04-29/

To help understand and analyze how changes in interest rates affect your mortgage, please visit my mortgage calculator

Interest rate remains unchanged

zoning density amendments for municipalities

Recent provincial legislation regarding increased densification of communities came into effect on July 1st, 2025. This new zoning allows single family lots to have multiple dwellings.  For more information on these new regulations and the opportunities (and challenges) they offer, please contact me.

Mount Washington Ski Seaon

Mount Washington Alpine resort - summer season is next!

Mount Washington resort is now closed and they are busy getting the mountain ready for mountain biking, ziplining, hiking and more activities! The winter season wrapped up on Sunday, April 12, 2026 - next up, Summer Fun!

For the latest resort update, please click website link:  mountwashington.ca

For real estate questions about buying or selling Mt Washington properties, please contact me.  


Powered by myRealPage.com
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.