Posted in Market Stats 2021 ,Market Stats ,
The May Team - Vancouver Island Real Estate Updates
VIREB MONTHLY STATISTICS PACKAGE - AUGUST 2021
INCREASING HOUSING SUPPLY IS KEY TO AFFORDABILITY
NANAIMO, BC – Historically low inventory in the Vancouver Island Real Estate Board (VIREB) area continues to plague potential buyers and hamper sales. Active listings of single-family homes and row/townhouses are 50 percent lower than in August 2020, while VIREB’s inventory of condo apartments dropped by 61 percent year over year.
There were ...