Author: remaxna
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The Nanaimo Rotary Bowl
Discover the Vibrant Community Hub: The Nanaimo Rotary Bowl The Nanaimo Rotary Bowl, also known as the Rotary Bowl Stadium – a versatile and dynamic multi-purpose venue that stands as a pillar of the Nanaimo community. Nestled in the heart of Nanaimo, this stadium serves as the epicenter for an array of sports and community…
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Exploring Vancouver Island University
Exploring Vancouver Island University (VIU): A Beacon of Learning and Opportunity in Nanaimo Nestled in the picturesque hub city of Nanaimo, Vancouver Island University (VIU) stands as a cornerstone of education and opportunity on Vancouver Island. As a retired university professor now part of the Scott Parker Real Estate Team, I’ve had the privilege of…
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Nanaimo Annual Garbage Cleanup
I recently volunteered with the Nanaimo Daybreak Rotary Club for their annual Earth Day garbage cleanup. It’s my second year attending this event, and it’s become one of my favorite volunteer activities. The inspiring people I meet there always bring great energy and a positive attitude, which lifts my spirits and makes me love contributing…
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In The Loop: April 2024 Market Statistics
More Inventory Benefits Both Buyer & Sellers The Vancouver Island Real Estate Board (VIREB) recorded 741 unit sales boardwide (all property types) in April 2024. In the single-family category (excluding acreage and waterfront), 376 homes sold in April, down two percent from one year ago and up 29 percent from the previous month. Sales of…
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In the Loop: July 2023 Real Estate Market Stats
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…
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In the Loop: February 2023 Real Estate Market Stats
The February Real Estate Market Stats 2023 show us that last month, 220 single-family homes were sold in the Vancouver Island Real Estate Board (VIREB) area. This is a 37% decrease from one year ago (350) and a 33% increase from January 2023 (165). Sales of condo apartments in February 2023 came in at 64,…
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In the Loop: May 2022 Real Estate Market Stats
Additional inventory is positive news for buyers. Inventory in the Vancouver Island Real Estate Board (VIREB) area is climbing, but the housing supply is still far below the level needed to satisfy current demand. Active listings of single-family homes rose by 34 per cent from April 2021 and by 32 per cent from March of this year.…
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In the Loop: April 2022 Real Estate Market Stats
The April 2022 Nanaimo Real Estate and area inventory is inching up but still far from ideal. Inventory in the Vancouver Island Real Estate Board (VIREB) area is slowly inching up but is still far from ideal. Active listings of single-family homes rose by nine per cent from March 2021 and by 60 per cent…
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In the Loop: March 2022 Real Estate Market Stats
INVENTORY INCHING UP BUT STILL FAR FROM IDEAL Inventory in the Vancouver Island Real Estate Board (VIREB) area is slowly inching up but is still far from ideal. Active listings of single-family homes rose by nine per cent from but increased by 60 per cent from February. VIREB’s inventory of condo apartments in March dipped…
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In The Loop: February 2019 Real Estate Market Stats
Nanaimo Market Stats for February 2019 The spring market is upon us! We are seeing a more balanced market with value for both buyers and sellers (3.6 months of inventory versus 2.5 months a year ago). Average sale price rose from $521,920 a year ago to $558,633 this year although average price has seen a…
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In The Loop: January 2019 Real Estate Market Stats
Nanaimo Market Stats for January 2019 With the holiday season over its time to get back to Real Estate! We are starting to see a more balanced market with value for both buyers and sellers. Average sale price rose from $518,896 a year ago to $558,848 this year although average price has seen a small…
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In The Loop – December
Nanaimo Market Stats for December 2018 The holiday season is upon us! We are seeing a more balanced market with value for both buyers and sellers. Average sale price rose from $518,452 a year ago to $556,820 this year although average price has seen a small decrease this month to $529,766. We’re also seeing a…