Dean Thompson
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First Time Home Buyer Incentive Now In Effect

The federal government’s First Time Home Buyer Incentive plan to boost Canadian homeownership among middle class families was launched September 2, 2019.

The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a portion of their home purchase through a form of shared equity mortgage with the Government of Canada.

For detailed information visit First Time Home Buyers Incentive.



 Comox Valley real estate statistics for October 2019

  • The average sell price of a single-family home in the Comox Valley was $582,029 in September 2019.  This is an increase of 7% year to date.  (Median sell price was $555,000 for September).  

  • Currently, it takes an average of 43 days for a Comox Valley single-family home to sell. This is an increase of 17% from last year, when the average was 37 days.

  • As of the end of September, there have been 35 sales over $1,000,000 in the Comox Valley so far in 2019.

  • On September 30, the total number of single-family home listings in the Comox Valley sits at 1,109 year-to-date, this is an increase from 1,058 at the same point last year. 

  • The total sales dollars generated through real estate transactions in the Comox Valley in 2019 were up 19% from September 2018; the year-to-date totals are down 11% from 2018 results.

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


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