Posted in Market Stats ,Market Stats 2023 ,
The May Team - Vancouver Island Real Estate Updates
VIREB MONTHLY STATISTICS PACKAGE - MAY 2023
RETURN TO A MORE TRADITIONAL SPRING MARKET IS WELCOME
NANAIMO, BC – Last month, there were 488 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, an eight per cent increase from one year ago (450) and a 25 per cent increase from April 2023 (391). Sales of condo apartments in May came in at 86, declining by seven per cent year over year and increasing by 12 p ...
VIREB MONTHLY STATISTICS PACKAGE - APRIL 2023
BUYERS TAKING MEASURED APPROACH IN SPRING MARKET
NANAIMO, BC – Last month, there were 391 sales of single-family homes in the Vancouver Island RealEstate Board (VIREB) area, a 22 per cent decrease from one year ago (500) and a three per cent increase from March 2023 (381). Sales of condo apartments in April came in at 77, declining by 31 per cent year over year and increasing by 17 per cent ...
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VIREB MONTHLY STATISTICS PACKAGE - MARCH 2023
MARKET PICKING UP STEAM AS WE HEAD TOWARDS SPRING
NANAIMO, BC – Last month, there were 381 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a 26 per cent decrease from one year ago (515) and a 73 per cent increase from February 2023 (220). Sales of condo apartments in March 2023 came in at 66, declining by 46 per cent year over year and increasing by three ...
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VIREB MONTHLY STATISTICS PACKAGE - FEBRUARY 2023
MARKET PICKING UP STEAM AS WE HEAD TOWARDS SPRING
NANAIMO, BC – Last month, 220 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 37 per cent decrease from one year ago (350) and a 33 per cent increase from January 2023 (165). Sales of condo apartments in February 2023 came in at 64, declining by 40 per cent year over year and increasing by 52 per cent from t ...
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VIREB MONTHLY STATISTICS PACKAGE - JANUARY 2023
CALM START TO THE YEAR HERALDS A GREAT TIME TO BUY
NANAIMO, BC – 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, declining by 52 per cent year over year and increasing by 20 per cent from December. In the r ...
Posted in Market Stats ,Market Stats 2023 ,
VIREB MONTHLY STATISTICS PACKAGE - DECEMBER 2022
QUIET DECEMBER CLOSES OUT THE YEAR
NANAIMO, BC – Last month, 200 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 10 per cent decrease from one year ago and a drop of 18 per cent from November. Sales of condo apartments in December came in at 35, declining by 53 per cent year over year and dropping by 36 per cent from November. In the row/townhouse category, ...
Posted in Market Stats 2022 ,Market Stats ,
VIREB MONTHLY STATISTICS PACKAGE - NOVEMBER 2022
CONTINUING INVENTORY GAINS POSITIVE SIGN FOR NEW YEAR
NANAIMO, BC – Last month, 244 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 30 per cent decrease from one year ago and down by two per cent from October. There were 54 condo apartment sales in November 2022, a decline of 50 per cent year over year and up by 29 per cent from October. In the row/townhous ...
Posted in Market Stats 2022 ,Market Stats ,
VIREB MONTHLY STATISTICS PACKAGE - OCTOBER 2022
HOUSING MARKET QUIETS AS YEAR-END APPROACHES
NANAIMO, BC – Last month, 249 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 37 per cent decrease from one year ago and up by three per cent from September. There were 42 condo apartment sales in October 2022, a decline of 65 per cent year over year and down by 19 per cent from September. In the row/townhouse ca ...
Posted in Market Stats 2022 ,Market Stats ,
VIREB MONTHLY STATISTICS PACKAGE - SEPTEMBER 2022
FALL BRINGS MORE BREATHING ROOM FOR BUYERS
NANAIMO, BC – Last month, active listings of single-family detached properties nearly tripled from September 2021, jumping to 1,417. VIREB’s inventory of condo apartments was 332 in September 2022, up from 167 listings one year ago. There were 295 row/townhouses for sale last month, nearly tripling from the 106 reported one year ago.
Although there ...
Posted in Market Stats 2022 ,Market Stats ,
VIREB MONTHLY STATISTICS PACKAGE - AUGUST 2022
CALMER MARKET CONDITIONS AS SUMMER DRAWS TO A CLOSE
NANAIMO, BC – Inventory was up, and sales were down in August, reminiscent of a typical summer market in pre-COVID times.
Last month, active listings of single-family detached properties (not acreage or waterfront) jumped to 1,368, a 153 per cent increase from August 2021. VIREB’s inventory of condo apartments hit 332 last month, up from 1 ...
Posted in Market Stats 2022 ,Market Stats ,