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November 2022 Real Estate Market Stats

November 2022 Real Estate Market Stats

CONTINUING INVENTORY GAINS POSITIVE SIGN FOR NEW YEAR NANAIMO, BC – The November 2022 Real Estate Market Stats show that last month, 244 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 30 percent decrease from one year ago and down by two percent from October. There were 54 condo apartment […]

September 2022 Nanaimo Real Estate Market Stats

September 2022 Nanaimo Real Estate Market Stats

FALL BRINGS MORE BREATHING ROOM FOR BUYERS Last month, active listings of single-family detached properties nearly tripled from September 2021, jumping to 1,417. VIREB’s inventory of condo apartments was 332 in September 2022, up from 167 listings one year ago. There were 295 row/townhouses for sale last month, nearly tripling from the 106 reported one […]

August 2022 Nanaimo Real Estate Market Stats

August 2022 Nanaimo Real Estate Market Stats

Calmer market conditions as summer draw to a close The August 2022 Nanaimo Real Estate Market Stats show up that inventory was up, and sales were down in August. This is reminiscent of a typical summer market in pre-COVID times. Last month, active listings of single-family detached properties (not acreage or waterfront) jumped to 1,368, […]

July 2022 Nanaimo Real Estate Market Stats

July 2022 Nanaimo Real Estate Market Stats

July brings more options for buyers Due to a significant increase in inventory, July brought more options for buyers in the Vancouver Island Real Estate Board (VIREB) area. Last month, active listings of single family homes (not acreage or waterfront) climbed by 142% from July 2021 and 15% from June 2022, reaching 1,387. VIREB’s inventory […]

June 2022 Nanaimo Real Estate Market Stats

June 2022 Nanaimo Real Estate Market Stats

Rising inventory is a hopeful sign for buyers! Inventory in the Vancouver Island Real Estate Board (VIREB) area rose significantly last month, with listings of single-family homes more than doubling from June 2021. At the same time, sales dipped across the board area in most markets. Last month, active listings of single-family homes (not acreage […]

May 2022 Nanaimo Real Estate Market Stats

May 2022 Nanaimo Real Estate Market Stats

Additional inventory is positive news for buyers. Inventory in the Vancouver Island Real Estate Board (VIREB) area is climbing, but the housing supply is still far below the level needed to satisfy current demand. Active listings of single-family homes rose by 34 per cent from April 2021 and by 32 per cent from March of this year. […]

April 2022 Nanaimo Real Estate Market Stats

April 2022 Nanaimo Real Estate Market Stats

The April 2022 Nanaimo Real Estate and area inventory is inching up but still far from ideal. Inventory in the Vancouver Island Real Estate Board (VIREB) area is slowly inching up but is still far from ideal. Active listings of single-family homes rose by nine per cent from March 2021 and by 60 per cent […]

March 2022 Nanaimo Real Estate Market Stats

March 2022 Nanaimo Real Estate Market Stats

INVENTORY INCHING UP BUT STILL FAR FROM IDEAL Inventory in the Vancouver Island Real Estate Board (VIREB) area is slowly inching up but is still far from ideal. Active listings of single-family homes rose by nine per cent from but increased by 60 per cent from February. VIREB’s inventory of condo apartments in March dipped […]