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Nanaimo

British Columbia Canada

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December 2023 Real Estate Market Statistics

December 2023 Real Estate Market Statistics

Lacklustre December Closes Out 2023 The Vancouver Island Real Estate Board (VIREB) recorded 7,297 unit sales in 2023 compared to 11,045 in 2021 and 7,810 in 2022. High-interest rates are primarily to blame for the weaker sales, as there was significant demand, but many buyers opted to wait for an anticipated 2024 rate cut. Last […]

November 2023 Real Estate Market Stats

November 2023 Real Estate Market Stats

The housing market is winding down and the year ends on a slow note The November 2023 Real Estate Market Stats show that there were 236 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, down two percent from last November and three percent from October. Sales of condo apartments in […]

September 2023 Real Estate Market Stats

September 2023 Real Estate Market Stats

Quiet September Market Favours Buyers The September 2023 Real Estate market stats show that last month, there were 266 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, an 11 percent increase from one year ago (239) and down by 18 percent from August 2023 (324). Sales of condo apartments in […]

December 2021 Nanaimo Real Estate Market Stats

December 2021 Nanaimo Real Estate Market Stats

2021 ends with near-record sales and record-low inventory The December 2021 Nanaimo Real Estate market stats show that the Vancouver Island Real Estate Board (VIREB) recorded 11,045 unit sales (all property types) in 2021, close to the 12,014 and 11,341 unit sales seen in 2016 and 2017. It is a remarkable outcome notwithstanding since it […]

June 2020 Nanaimo Real Estate Market Stats

June 2020 Nanaimo Real Estate Market Stats

The House Market Rebounds in June The COVID-19 effect on VIREB’s housing market seemingly wore off in June, with sales rebounding significantly from May and posting year-over-year increases in most markets according to the June 2020 Nanaimo Real Estate Market Stats. 479 Single family homes sold on the Multiple Listing Service® (MLS®) System compared to […]

September 2019 Nanaimo Real Estate Market

September 2019 Nanaimo Real Estate Market

September 2019 Nanaimo Real Estate Market Stats summarize what’s happening in the real estate market in your area. Monthly Nanaimo real estate market stats that analyze the Vancouver Island real estate market north of the Malahat. These Nanaimo real estate market stats can be useful in establishing trends when applied over a period of time. Keep in mind that the […]

February 2019 Nanaimo Real Estate Market Stats

February 2019 Nanaimo Real Estate Market Stats

February 2019 Nanaimo Real Estate Market Stats summarize what’s happening in the real estate market in your area. Nanaimo Real Estate Market Stats Monthly Nanaimo real estate market stats that analyze the Vancouver Island real estate market north of the Malahat. These Nanaimo real estate market stats can be useful in establishing trends when applied over a […]

January 2019 Nanaimo Real Estate Market Stats

January 2019 Nanaimo Real Estate Market Stats

Nanaimo Real Estate Market Stats January 2019 Nanaimo Real Estate Market Stats summarize what’s happening in the real estate market in your area. Monthly Nanaimo real estate market stats that analyze the Vancouver Island real estate market north of the Malahat. These Nanaimo real estate market stats can be useful in establishing trends when applied over a […]