British Columbia Canada
There was little relief for frustrated buyers in April despite an increase in active listings and little relief for frustrated buyers in the April 2021 Nanaimo Real Estate market. Inventory of single-family homes and condo apartments rose by eight per cent and 16 per cent, respectively, but active listings of townhouses dropped by eight per […]
Take a look at how RE/MAX compares to the industry in 2021. Clearly RE/MAX dominates brand awareness and global presence in Canada – big time! Download the PDF REMAX verses the Industry 2021 here. When you choose a to work with RE/MAX you get outstanding agents, a leading brand and unmatched global presence. CONTACT A […]
Here are some renovations that buyers want, according to RE/MAX brokers that interact with home owners and buyers often! What are the home renovations that buyers want to see on the market? It’s a great question, and one you’ve likely pored over if you’re preparing to list your home for sale in the near future, […]
More Inventory on the Market March 2021 Nanaimo Real Estate saw a slight increase in inventory but still no relief for buyers in Nanaimo. Lack of inventory is frustrating potential buyers in the VIREB area, with demand for homes far exceeding supply. While active listings in March were higher than in February, inventory is still at […]
Lowest Inventory on Record! Buyer demand in the VIREB area continues to outstrip supply, contributing to the lowest inventory on record for the board. Active listings of single-family detached properties (excluding acreage and waterfront) dropped to 394 in February, down six per cent from January. There were 169 condo apartments for sale last month compared to […]
Canadian real estate surprised everyone in 2020. While the markets closed the year with red-hot, record-breaking activity, the year brought much uncertainty, financial upheaval, renewed forecasts of a bursting housing bubble, and other news that will likely continue to impact market activity in 2021. With the first week of the new year behind us, here’s […]
Lowest Inventory on Record Continues in Nanaimo The Vancouver Island Real Estate Board (VIREB) reports that sales of single-family homes in January increased by 66 per cent board-wide from one year ago but were five per cent lower than in December. Last month: 286 single-family detached properties (excluding acreage and waterfront) sold on the MLS® System […]
Lowest Inventory on Record Closes Out the Year The Vancouver Island Real Estate Board (VIREB) reports that sales of single-family homes in December increased by 34 per cent from one year ago and were 28 per cent lower than in November. Last month, 302 single-family detached properties (excluding acreage and waterfront) sold on the MLS® […]
Strong buyer demand is hampered by low inventory. 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 19 per cent from October. In the condo apartment category, sales rose by 65 per cent year over […]
As the days begin to get shorter and the colder weather approaches, there is no question that many people are beginning to question their living situation and what they can do to create more space indoors and make the winter months more bearable. COVID-19 is also still at the forefront of many people’s minds, which […]