Nanaimo real estate stats

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...

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...

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,...

Absorption rates for September 2015 

Absorption rate is one of the key indicators on how the Nanaimo real estate market is faring.  It tells us the rate at which properties are selling.

I’ve reviewed the latest real estate stats published by VIREB (Vancouver Island Real Estate Board). ...

The real estate market in Nanaimo is very active.  Looking at the year-to-date sales as at August 31, 2015 as compared to August 31 2014 there was an increase of 20% more homes sold and an increase of 7% in the average sale price of single family homes. The average sale price for a single family...

I was reviewing the real estate sales, in Nanaimo, for June 2015. Based on the number of sales that occurred compared to the number of active listings, I thought it would be interesting to see how absorption rates have changed since January 2015.

The definition of absorption rates is the...

I have been reviewing the Nanaimo Real Estate stats published by VIREB (Vancouver Island Real Estate Board). The single family home market was quiet during the month of February in comparison to the same time last year. On February 28, 2015 the average single family sale price was the same as it...

I have been reviewing the Nanaimo Real Estate stats published by VIREB (Vancouver Island Real Estate Board). The single family home market was quiet during the month of February in comparison to the same time last year.

On February 28, 2015 the average single family sale price was the...

Real Estate in Nanaimo - Absorption rates for January 2015 

The latest real estate stats were released today, by the Vancouver Island Real Estate Board, for January 2015.  With help from my calculator I calculated the real estate in Nanaimo absorption rates as of the end of January 2015.  

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