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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 […]

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 […]

October 2021 Nanaimo Real Estate Market Stats

October 2021 Nanaimo Real Estate Market Stats

The predominant theme running through the housing market in the Vancouver Island Real Estate Board (VIREB) area is one of “A different month, but the same issues continue” 398 single-family homes sold in October, a 23 three percent decrease from one year ago. There were 122 condo apartment sales last month, a six percent decrease […]

September 2021 Nanaimo Real Estate Market Stats

September 2021 Nanaimo Real Estate Market Stats

The housing market closes out the summer the way it began with historically low inventory and rising prices. Active listings of single-family homes were 47 per cent lower last month than in September 2020, while VIREB’s inventory of condo apartments and row/townhouses dropped by 57 per cent and 48 per cent, respectively, from one year […]