Tag: Real Estate
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In the Loop: August 2024 Market Statistics
Favourable Conditions Trending Towards Buyers’ Market The Vancouver Island Real Estate Board (VIREB) recorded 662 unit sales board-wide and 4,520 active listings (all property types) on the MLS® System in August 2024. In the single-family category (excluding acreage and waterfront), 333 homes sold in August, up three percent from one year ago and down eight…
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In The Loop: July 2024 Market Statistics
Quiet Housing Market Closes out July The Vancouver Island Real Estate Board (VIREB) recorded 737 unit sales board-wide and 4,559 active listings (all property types) on the MLS® System in July 2024. In the single-family category (excluding acreage and waterfront), 363 homes sold in July, down 11 percent from one year ago and up one…
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In The Loop: May 2024 Market Statistics
The May 2024 real estate Market Stats for Nanaimo show us that VIREB’s inventory of single-family homes rose by 46% in May, while active listings of all property types are up by 33% board-wide…
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In the Loop: May 2023 Real Estate Market Stats
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…
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In the Loop: April 2023 Real Estate Market Stats
Last month, there were 391 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a 22 percent decrease from one year ago (500) and a three percent increase from March 2023 (381). Sales of condo apartments in April came in at 77, declining by 31 percent year over year and increasing…
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In the Loop: January 2023 Real Estate Market Stats
Calm start to the year hardly a great time to buy. Last month, 165 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 24 per cent decrease from one year ago and a drop of 18 per cent from December. Sales of condo apartments in January 2023 came in at 42,…
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Burnt Honey Ice Cream Contest 2021!
The best way we thought to celebrate Myriam getting her Real Estate Licence is to have a Burnt Honey Ice Cream contest. You have a chance to win one of three $20 Gift cards to Burnt Honey Dessert Company! The reasons we chose Burnt Honey: who doesn’t love ice cream? they serve homemade, high quality…
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In the Loop: July 2021 Real Estate Market Stats
Historically low inventory is likely the reasoning for our slightly cooling market. Last month, the Vancouver Island Real Estate Board (VIREB) saw sales of: 450 single-family detached properties compared to 531 in June, a decrease of 15 per cent Condo apartment category, sales dropped by seven per cent from June 2021 Row/townhouse sales rose by…
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Top 5 Renovations for a Return on Your Investment
Adding value to your home is usually the number one concern for most homeowners. It doesn’t matter if you’re prepping to sell or looking to building long-term equity. Knowing the top 5 renovations to invest in is important to ensure you get the most bang for your renovation buck and get a return on your investment.…
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Nanaimo Real Estate Market Statistics for April 2017
Here are the Nanaimo Real Estate Monthly Market Statistics for April 2017 For more information on market conditions, give Scott Parker a call at RE/MAX of Nanaimo. Scott can be reached anytime at (250) 751-1223.