Lacklustre December Closes Out 2023 The Vancouver Island Real Estate Board (VIREB) recorded 7,297 unit sales in 2023 compared to 11,045 in 2021 and 7,810 in 2022. High-interest rates are primarily to blame for the weaker sales, as there was significant demand, but many buyers opted to wait for an anticipated 2024 rate cut. Last […]
Housing Market Brisker Than Expected in March Last month, there were 381 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a 26 percent decrease from one year ago (515) and a 73 percent increase from February 2023 (220). Sales of condo apartments in March 2023 came in at 66, declining […]
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 percent decrease from one year ago and a drop of 18 percent from November. Sales of condo apartments in December came in at 35, declining by 53 percent year […]
The 2021 home sales in BC are now officially record-high! The British Columbia Real Estate Association (BCREA) reported that 2021 homes sales set a new annual record for BC. A total of 9,159 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November 2021. This is a decrease of 3.4 percent from […]
The Scott Parker Team Invites you to an Art Tasting Thursday, March 14th at 5:00 pm Hi, I’m Ken Hammer with the Scott Parker Real Estate Team. We’re on location at the Nanaimo Art Gallery in the heart of downtown Nanaimo to promote our “Art Tasting” event at the Art Gallery this Thursday, March […]
Here are the Nanaimo Real Estate Monthly Market Statistics for April 2017 For more information on market conditions, give Scott Parker a call at RE/MAX of Nanaimo. Scott can be reached anytime at (250) 751-1223.
As we have heard effective August 2 foreigners who buy residential property in the Vancouver area will have to pay an extra 15-per-cent tax. The B.C. government plans to slow the foreign speculation that many blame for making the region’s homes the most unaffordable in Canada. Using some initial data from 19 days in June, […]
You’re trusting a REALTOR® with your most valuable possession, your home. REALTORS® take this responsibility very seriously. Here’s what we promise you: Your REALTOR® is a trained professional REALTORS® take extensive pre-licensing courses in order to obtain credentials for practicing in real estate. Your REALTOR® is continuously trained REALTORS® keep pace with the times by […]