British Columbia Canada
Housing Market Holding Steady Despite Uncertainty The Vancouver Island Real Estate Board (VIREB) recorded 786 unit sales (all property types) in April 2025, up eight percent from one year ago. Year-over-year active listings (all property types) rose by four per cent, climbing to 4,080 from 3,913 the previous April. In the single-family category (excluding acreage […]
Market Holding Steady in Balanced Territory The Vancouver Island Real Estate Board (VIREB) recorded 637 unit sales (all property types) in March 2025, down one percent from one year ago. Year-over-year active listings (all property types) rose by six percent, climbing to 3,708 from 3,488 the previous March. In the single-family category (excluding acreage and […]
Positive Start to 2025 Tempered by Uncertainty The Vancouver Island Real Estate Board (VIREB) recorded 434 unit sales and 2,988 active listings (all property types) board-wide on the MLS® System in January 2025, up 26 and five percent, respectively. In the single-family category (excluding acreage and waterfront), 205 homes sold in January, up 36 percent […]
2024 Ends with a Balanced Market and a Positive Outlook The Vancouver Island Real Estate Board (VIREB) recorded 7,489 unit sales (all property types) in 2024 compared to 7,297 in 2023 and 7,810 in 2022. December 2024 saw unit sales of 443 (all property types) and 2,883 active listings. In the single-family category (excluding acreage […]
Balanced Market Offers The Best of Both Worlds The Vancouver Island Real Estate Board (VIREB) recorded 722 unit sales and 4,015 active listings (all property types) board-wide on the MLS® System in October 2024, up 42 percent and 12 percent, respectively. In the single-family category (excluding acreage and waterfront), 346 homes sold in October, up […]
Favourable conditions trending towards buyers’ market The Vancouver Island Real Estate Board (VIREB) recorded 662 unit sales board-wide and 4,520 active listings (all property types) on the MLS® System in August 2024. In the single-family category (excluding acreage and waterfront), 333 homes sold in August, up three per cent from one year ago and down […]
Waiting is the theme of VIREB’s Summer Housing Market. The Vancouver Island Real Estate Board (VIREB) recorded 737 unit sales boardwide (all property types) on the MLS® System in June 2024. In the single-family category (excluding acreage and waterfront), 359 homes sold in June, down 15 percent from one year ago and 12 percent from May. […]
Large Inventory Increase in May While Sales Continue to Lag The Vancouver Island Real Estate Board (VIREB) recorded 824 unit sales boardwide (all property types) on the MLS® System in May 2024. In the single-family category (excluding acreage and waterfront), 409 homes sold in May, down 14 percent from one year ago and up nine […]
More Inventory Benefits Both Buyers & Sellers The April 2024 Real Estate Market Stats show that the Vancouver Island Real Estate Board (VIREB) recorded 741 unit sales board-wide (all property types) in April 2024. In the single-family category (excluding acreage and waterfront), 376 homes sold in April, down two percent from one year ago and […]
March Housing Market Calmer Than Expected Last month, the Vancouver Island Real Estate Board (VIREB) recorded 655 unit sales board-wide (all property types). In the single-family category (excluding acreage and waterfront), 291 homes sold in March, down 22 per cent from one year ago and up 15 per cent from February 2024. Sales of condo […]