Market Intelligence

Last month witnessed noteworthy developments in the Vancouver Island Real Estate Board (VIREB) area's housing market, with 324 single-family homes ...

In June of 2023 the Nanaimo real estate market was very similar to one year ago in the majority of categories. From last June to July, the Bank of ...

While July 2022 marked the start of declining real estate prices and transactions, the Nanaimo real estate market has been steadily recovering month ...

The Nanaimo real estate market saw a month over month decrease of 4.8% to the average single family home price from $793,790 to $763,134. While ...

The average single family home price in Nanaimo held steady from January to February. February saw more buyers return to the market. While this ...

The first month of 2023 saw an increase to the average sale price in the Nanaimo single family and towhome real estate markets. The statistics VIREB ...

December marked the end of another year in the Nanaimo real estate market. Nanaimo is starting the new year with an increase in the amount of sales ...

Single Family Detached While single family homes saw an increase of 48.98% month over month, this was still a decrease of 23.96% from October of 2021....

September saw a further decrease in the average home price in Nanaimo. September’s average single family home price was $801,021 – a ...

The average sale price for August increased from the month of July. Part of this increase is due to less properties being listed for sale. July saw ...

Increased Supply Increased inventory in the housing market is something that people have been wanting to see for the last couple of years. From July ...

What Does the Sale to List Ratio Mean for the Nanaimo Housing Market? The average sale to list ratio for the month of June was 99.56% versus 103.25% ...

May's market statistics are now available! Nanaimo saw a slight increase in inventory from April. We typically see this increase in inventory every ...

Nanaimo Real Estate Inventory April Nanaimo real estate market statistics are now available! Nanaimo saw a slight decrease in single family home ...

March statistics have been published by VIREB and we are seeing encouraging signs of increased inventory! While we are seeing a minor decrease in the ...

Today the Bank of Canada raised the overnight rate by .25%, bringing the rate to .5%. While this is still low compared to rates in Canada in ...

A rapidly changing landscape both locally and across Canada remains a top concern. This is our last Market Insight for the year as we round out the ...