Nanaimo Real Estate Blog

Nanaimo Real Estate market as of November 1, 2016

The real estate market in Nanaimo continues to be very active. Looking at the year-to-date sales as at October 31, 2016 as compared to October 31 2015, there was an increase of 21% more homes sold and an increase of 13% in the average sale price...

Are you among the ninety-five percent of Canadian homeowners who are unaware of the market value of their homes?

Countless Canadians diligently check the stock market every day—on TV, online and in print—but fail to take stock of an even weightier investment: their own home.

In...

Nanaimo real estate Market update – Condos

We are now at the end of September and three quarters the way through 2016 which makes it a great time to have a look back at what has happened with the Nanaimo condo market over the past 9 months.

Upon reviewing the stats supplied by VIREB (...

Nanaimo real estate Market update – Single family homes

We are now three quarters of the way through the year 2016. It’s the perfect time to have a look back at what has happened with the single family home market over the past 9 months here in Nanaimo.

Using the stats supplied by VIREB...

Market indicators

In anticipating the growth potential of the commercial real estate market in Nanaimo, the following indicators should be considered: 

  • Population - Population growth rates reflect the economic health of a region. Sustained population growth creates demand for services...
  • Choosing the right floor plans for your new home in Nanaimo is probably one of the most important things you'll ever do in your house purchase.

    Selecting the proper floorplan is important for a number of reasons.

    First, you want to make sure that the floorplan or layout of the...

    Are you looking for an affordable home to purchase in Nanaimo?   For everything worthwhile in life there is a give and a take and buying an economical home is no exception.  Here are 5 things you will probably have to sacrifice to find what you're looking for in Nanaimo.   1.  Location   You've...
    Investment properties in Nanaimo - A good time to buy

    If you have been considering purchasing a rental property in Nanaimo, 2016 may be the time to do it.

    I just received a rental update from Bastion Homes, a property management group, here in Nanaimo.  I do not work in property...

    You and your realtor have invested a tremendous amount of time and effort to put together a deal on your home for sale in Nanaimo.  Finally all of the marketing, open houses, showings and work have paid off and you've got an accepted offer to buy your home.

    Then the worst possible thing...

    The Nanaimo real estate market in 2016

    The burning question for anyone considering buying or selling real estate in 2016 is, “How’s the market?”

    If you spend a little time on the internet, you will find many articles on what analysts expect to happen to the real estate market in Canada,...