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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 […]

We Run for The Cure

We Run for The Cure

Did you know that an estimated total of 27,700 Canadian women and 260 Canadian men will be diagnosed with breast cancer this year? The CIBC Run For The Cure unites Canadians who are dedicated to changing the future of breast cancer. It is Canada’s largest single-day, volunteer-led event in support of the breast cancer cause, […]

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 […]