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We have some valuable information and advice to share with you that will help you enjoy your adventure home! Receive essential insights and current statistics into buying a home in Campbell River, Vancouver Island.
Campbell River is quite possibly the best place in the world to live and the rest of the world has found us. With the new direct Comox to Toronto flight opening up, the potential for growth increases, especially with the world of “working from home” being so common now.
The value of your property has doubled in the last five years and Campbell River property owners have a huge equity base as the result. Using the Equity in your home to secure investment financing can open doors not available just a short time ago.
The cost to borrow money is historically low and helps create this amazing opportunity.
INCREASE IN HPI (HOME PRICE INDEX)
To quote the Vancouver Island Real Estate Board’s market statistics for May, 2021:
Campbell River has seen an increase in the HPI (Home Price Index) of Single Family Homes of 31.2% in the last eight months.
The Vancouver Island Real Estate Board reports an increase in Campbell River Single Family Homes HPI over April of 2018, a three-year period, of 47.16%.
The Vancouver Island Real Estate Board reports an increase in Campbell River Single Family Homes HPI over April of 2016, a five-year period, of 113.7%.
This unprecedented increase in property value offers a unique opportunity for you and
time is of the essence.
Please contact Anita to discuss leveraging this new found equity in your property to help grow your portfolio.
250 202 5578