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 […]
Did you know that average house prices in Nanaimo saw the biggest increase in all of Canada for the start of the 3rd quarter in 2020 (14%). Clearly there is a demand for living in one of the best geographical places in Canada! The Nanaimo housing market saw an uptick in sales activity in late […]
In the span of a month, the public health crisis that has emerged as a result of the COVID-19 pandemic has dramatically shifted the global economy, our lifestyles, and the functioning of our global communities in eluding the Vancouver housing market. Unfortunately, the real estate market is not immune to the impact of the global […]
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