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 […]
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 […]
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 […]
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