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Apply Now 2023 Quest for Excellence®

Apply Now 2023 Quest for Excellence®

RE/MAX 2023 Quest for Excellence® The Quest for Excellence scholarship program is a cash scholarship that recognizes students for their ongoing community contributions and pursuit of leadership. New in 2023, RE/MAX Canada is pleased to expand its existing Quest for Excellence scholarship program starting this year, now offering 40 scholarships of $1,000 each to students […]

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 […]

Canada Housing Market Outlook to 2027 The Economy

Canada Housing Market Outlook to 2027 The Economy

Pragmatic policy across interest rates, immigration and taxation could deliver a stable, albeit expensive Canada housing market through to 2027 RE/MAX Canada launches chapter one of Unlocking the Future: 5 Year Outlook Report in partnership with CIBC and The Conference Board of Canada This series of reports, done in collaboration with relevant area experts, will […]

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 […]

February 2022 Nanaimo Real Estate Market Stats

February 2022 Nanaimo Real Estate Market Stats

ADDITIONAL INVENTORY OFFERS LITTLE RELIEF FOR BUYERS February brought additional inventory to the table in the Vancouver Island Real Estate Board (VIREB) area. However, listings are still far below where they need to be to satisfy buyer demand. Active listings of single-family homes were 12 per cent lower last month than the previous February but rose […]

January 2022 Nanaimo Real Estate Market Stats

January 2022 Nanaimo Real Estate Market Stats

New Year Brings Inventory Bump The new year brought a small inventory bump, but demand is still far outpacing supply in the Vancouver Island Real Estate Board (VIREB) area. Active listings of single-family homes were 39 per cent lower last month than the previous January but rose by 15 per cent from December 2021. VIREB’s inventory […]