Comox Valley Real Estate - March 2024

Comox Valley Real Estate - august 2026 update

Comox Valley statistics for the month of July 2026 :

  • Average sell price of a detached home in July was $964,000; this is up 6.6% from last month and up 8.5% from last year.
  • There were 195 active residential listings in July, this is down 1.5% from last month and down 1% from last year.
  • It took an average of 36 days to sell a detached home in July, this is 14% faster than last month and 20% faster than last year.     
  • A total of 56 detached homes sold in July; this is down 16% from last month (67 sold) and down 21% from last year (71 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 July 15, 2026, marking a fifth 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 September 2, 2026.

To read press release, visit:  https://www.bankofcanada.ca/2026/07/fad-press-release-2026-07-15/

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 - open for summer season!

Mount Washington resort is open daily for mountain biking, scenic chairlift rides, ziplining, hiking and more fun! 

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

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


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.