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In the Loop: November 2025 Market Statistics on Vancouver Island
VIREB recorded 513 unit sales in November 2025. That’s down eight per cent from last year. Year-over-year active listings (all property types) were 3,646, up five per cent from the previous year. In the single-family category (excluding acreage and waterfront), 259 homes sold in November, down one per cent from one year ago and 18…
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What Is The Difference Between An Appraisal And A Home Inspection — Explained Simply
When buying a home, you’ll often hear terms like “appraisal” and “home inspection” thrown around. Many buyers—and sometimes sellers—confuse them, thinking they serve the same purpose. But mixing them up can lead to costly misunderstandings: an appraisal might arrive lower than expected, or an inspection might uncover major repair issues you didn’t budget for. As…
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How to Find Homes for Sale in Nanaimo Before They Hit the Market
The best way to find new homes for sale in Nanaimo is to combine online MLS searches with proactive tools like Private Client Services (PCS) alerts and a trusted real estate team. While MLS listings may take days to appear, realtors often know about homes before they’re public. Using PCS updates, monitoring scottparker.ca, and working…
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In the Loop: October 2025 Market Statistics on Vancouver Island
October 2025 brought steady activity and balanced conditions to the Vancouver Island real estate market. The Vancouver Island Real Estate Board (VIREB) reported moderate year-over-year declines in sales, small shifts in inventory, and benchmark prices that remain relatively stable across the region. For buyers and sellers, balanced market conditions continue to offer solid opportunities. October…
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In the Loop: September 2025 Market Statistics
The Vancouver Island Real Estate Board (VIREB) recorded 653 unit sales (all property types) in September 2025, up three per cent from one year ago. Year-over-year active listings (all property types) were 4,293, down four per cent from the previous year. In the single-family category (excluding acreage and waterfront), 307 homes sold in September, down…
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In the Loop: August 2025 Market Statistics
The Vancouver Island Real Estate Board (VIREB) recorded 692 unit sales (all property types) in August 2025, up six per cent from one year ago. Year-over-year active listings (all property types) were 4,405, down three per cent from the previous year. In the single-family category (excluding acreage and waterfront), 339 homes sold in August, up…
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In the Loop: July 2025 Market Statistics
The Vancouver Island Real Estate Board (VIREB) recorded 806 unit sales (all property types) in July 2025, up 10 per cent from one year ago. Year-over-year active listings (all property types) were 4,512, up one per cent from the previous year. In the single-family category (excluding acreage and waterfront), 420 homes sold in July, up…
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In the Loop: June 2025 Market Statistics
The Vancouver Island Real Estate Board (VIREB) recorded 858 unit sales (all property types) in June 2025, up 18 per cent from one year ago. Year-over-year active listings (all property types) were 4,542, up one per cent from the previous year In the single-family category (excluding acreage and waterfront), 474 homes sold in June, up…
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In the Loop: May 2025 Market Statistics
The Vancouver Island Real Estate Board (VIREB) recorded 781 unit sales (all property types) in May 2025, down three per cent from one year ago. Year-over-year active listings (all property types) rose by five per cent, climbing to 4,439 from 4,242 the previous May. In the single-family category (excluding acreage and waterfront), 409 homes sold…
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In the Loop: April 2025 Market Statistics
The Vancouver Island Real Estate Board (VIREB) recorded 786 unit sales (all property types) in April 2025, up eight per cent from one year ago. Year-over-year active listings (all property types) rose by four per cent, climbing to 4,080 from 3,913 the previous April. In the single-family category (excluding acreage and waterfront), 401 homes sold…
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In the Loop: March 2025 Market Statistics
The Vancouver Island Real Estate Board (VIREB) recorded 637 unit sales (all property types) in March 2025, down one percent from one year ago. Year-over-year active listings (all property types) rose by six percent, climbing to 3,708 from 3,488 the previous March. In the single-family category (excluding acreage and waterfront), 301 homes sold in March,…
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In the Loop: February 2025 Market Statistics
Uncertainty surrounding tariffs holding back buyers The Vancouver Island Real Estate Board (VIREB) recorded 493 unit sales (all propertytypes) in February 2025, the same as one year ago. Year-over-year active listings (all property types) rose by three per cent, climbing to 3,235 from 3,153 in February 2024. In the single-family category (excluding acreage and waterfront),…
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In the Loop: January 2025 Market Statistics
Positive Start To 2025 Tempered by Uncertainty The Vancouver Island Real Estate Board (VIREB) recorded 434 unit sales and 2,988 active listings (all property types) board-wide on the MLS® System in January 2025, up 26 and five percent, respectively. In the single-family category (excluding acreage and waterfront), 205 homes sold in January, up 36 percent…
