March Housing Market Calmer Than Expected Last month, the Vancouver Island Real Estate Board (VIREB) recorded 655 unit sales board-wide (all property types). In the single-family category (excluding acreage and waterfront), 291 homes sold in March, down 22 per cent from one year ago and up 15 per cent from February 2024. Sales of condo […] The post March 2024 Real Estate Market Statistics appeared first on RE/MAX of Nanaimo ..read more

February Sees Significant Sales Increase The February 2024 Market Statistics show us that last month, 254 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, up 15 percent from one year ago and 67 percent from January 2023. Sales of condo apartments in February came in at 68, increasing by 11 percent […] The post February 2024 Real Estate Market Statistics appeared first on RE/MAX of Nanaimo ..read more

Normal January kicks off 2024 with an Optimistic Outlook The January 2024 Real Estate Market Stats show us that last month, 152 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, down six percent from one year ago and up slightly from December 2023. Sales of condo apartments in January came in […] The post January 2024 Real Estate Market Statistics appeared first on RE/MAX of Nanaimo ..read more

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 […] The post November 2023 Real Estate Market Stats appeared first on RE/MAX of Nanaimo ..read more

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 […] The post September 2023 Real Estate Market Stats appeared first on RE/MAX of Nanaimo ..read more

Quiet Market Closes Out The Summer The August 2023 Nanaimo Real Estate Market Stats show that last month, there were 324 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a seven percent increase from one year ago (304) and down by 21 percent from July 2023 (414). Sales of condo […] The post August 2023 Real Estate Market Stats appeared first on RE/MAX of Nanaimo ..read more

Steady Sales make for a busier-than-usual July The July 2023 Real Estate Market Stats show that last month, there were 414 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a 41 percent increase from one year ago (294) and down by two percent from June 2023 (424). Sales of condo […] The post July 2023 Real Estate Market Stats appeared first on RE/MAX of Nanaimo ..read more

Busier June than expected despite rate hike! The June 2023 Real Estate Market Stats are here, and they show that last month, there were 424 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a five percent increase from one year ago (403) and up by 13 percent from May 2023 […] The post June 2023 Real Estate Market Stats appeared first on RE/MAX of Nanaimo ..read more

Return to a more traditional spring market is welcome! The May 2023 Real Estate Market Stats are here, and they show that last month, there were 488 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, an eight percent increase from one year ago (450) and a 25 percent increase from […] The post May 2023 Real Estate Market Stats appeared first on RE/MAX of Nanaimo ..read more

    Call today to speak to one of our REALTORS® about how these numbers might affect your real estate investments!  (250) 751-1223 CONTACT A REALTOR®  | SEARCH FEATURED PROPERTIES  | HOMES FOR RENT Original Source: VIREB The post April 2023 Real Estate Market Stats appeared first on RE/MAX of Nanaimo ..read more