Tag: November market stats
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In the Loop: October 2022 Real Estate Market Stats
HOUSING MARKET QUIETS AS YEAR-END APPROACHES NANAIMO, BC – The October 2022 Real Estate Market Stats show us that last month, 249 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 37% decrease from one year ago and up by 3% from September. There were 42 condo apartment sales in October…
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In the Loop: February 2022 Real Estate Market Stats
ADDITIONAL INVENTORY OFFERS LITTLE RELIEF FOR BUYERS February brought additional inventory to the table in the Vancouver Island Real Estate Board (VIREB) area. However, listings are still far below where they need to be to satisfy buyer demand. Active listings of single-family homes were 12 per cent lower last month than the previous February but rose…
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In the Loop: November 2021 Real Estate Market Stats
How low can housing inventory go? The November 2021 Real Estate Market Stats show that active listings in the Vancouver Island Real Estate Board (VIREB) area continue to drop. The demand is far outpacing supply, and inventory has hit consecutive historical lows for several months running. The active listings of single-family homes were 44% lower…