As we have seen in recent previous months Vancouver Island has been attracting a high volume of younger buyers along with the usual flow of retirees which has kept the already heated Vancouver Island housing market in high demand. Another driving factor of the inventory strapped Island market is the influx of newly made ‘remote’ […]

With the spring/summer market approaching it couldn’t be a better time for new inventory as February saw the lowest inventory on record for the Vancouver Island board. Another contributor to the strapped housing market in Nanaimo is the recent surge of out of province buyers, retirees and younger buyers that isn’t as common for this […]

Vancouver, BC – January 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 93,953 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2020, an increase of 21.5 per cent from the 77,350 units sold in 2019. The annual average MLS® residential price in BC was $782,027, an 11.7 […]

NANAIMO, BC – The Vancouver Island Real Estate Board (VIREB) reports that sales of single-familyhomes in December increased by 34 per cent from one year ago and were 28 per cent lower than inNovemberLast month, 302 single-family detached properties (excluding acreage and waterfront) sold on the MLS®System compared to 226 in December 2019 and 422 […]

NANAIMO, BC – Last month, 422 single-family detached properties (excluding acreage and waterfront)sold on the MLS® System compared to 318 in November 2019, a 33 per cent increase. Sales dipped by 19per cent from October.In the condo apartment category, sales rose by 65 per cent year over year and decreased by 17 per centfrom October. […]

NANAIMO, BC – The Vancouver Island Real Estate Board (VIREB) recorded 1,066 unit sales (all categories) last month compared to 721 in October 2019.Breaking those numbers down, 524 single-family detached properties (excluding acreage and waterfront) sold in October compared to 342 the previous year, a 53 per cent increase but a decrease of 18 per […]

This February 2020 Nanaimo Real Estate Market Stats, summarize what’s happening in the real estate market in your area. The Nanaimo real estate market stats that analyze the Vancouver Island real estate market north of the Malahat. These Nanaimo real estate market stats can be useful in establishing trends when applied over a period of […]

This December 2019 Nanaimo Real Estate Market Stats, summarize what’s happening in the real estate market in your area. The Nanaimo real estate market stats that analyze the Vancouver Island real estate market north of the Malahat. These Nanaimo real estate market stats can be useful in establishing trends when applied over a period of […]