In The Loop: April 2024 Market Statistics

In The Loop: April 2024 Market Statistics

More Inventory Benefits Both Buyer & Sellers The Vancouver Island Real Estate Board (VIREB) recorded 741 unit sales boardwide (all property types) in April 2024. In the single-family category (excluding acreage and waterfront), 376 homes sold in April, down two percent from one year ago and up 29 percent from the previous month. Sales of […]

In The Loop: February 2024 Market Statistics

In The Loop: February 2024 Market Statistics

February Sees Significant Sales Increase The February 2024 Market Statistics show us that last month, 254 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, up 15 percent from one year ago and 67 percent from January 2024. Sales of condo apartments in February came in at 68, increasing by 11 percent […]

In the Loop: November 2023 Real Estate Market Stats

In the Loop: November 2023 Real Estate Market Stats

The housing market is winding down and the year ends on a slow note Last month, there were 236 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, down two percent from last November and three percent from October. Sales of condo apartments in November came in at 56, increasing by […]

In the Loop: October 2023 Real Estate Market Stats

In the Loop: October 2023 Real Estate Market Stats

Interest Rates Taking a Toll on Housing Market The October 2023 Real Estate Market Stats show that last month, there were 244 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area. This is the same number as last October and down by eight percent from September 2023 (266). Sales of condo […]

In the Loop: September 2023 Real Estate Market Stats

In the Loop: September 2023 Real Estate Market Stats

Quiet September Market Favours Buyers The September 2023 Real Estate market stats show that last month, there were 266 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, an 11 percent increase from one year ago (239) and down by 18 percent from August 2023 (324). Sales of condo apartments in […]

In the Loop: August 2023 Real Estate Market Stats

In the Loop: August 2023 Real Estate Market Stats

Quiet Market Closes Out The Summer The August 2023 Nanaimo Real Estate Market Stats show that last month, there were 324 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a seven percent increase from one year ago (304) and down by 21 percent from July 2023 (414). Sales of condo […]

In the Loop: May 2023 Real Estate Market Stats

In the Loop: May 2023 Real Estate Market Stats

Return to a more traditional spring market is welcome! The May 2023 Real Estate Market Stats are here, and they show that last month, there were 488 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, an eight percent increase from one year ago (450) and a 25 percent increase from […]

In the Loop: April 2023 Real Estate Market Stats

In the Loop: April 2023 Real Estate Market Stats

Last month, there were 391 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a 22 percent decrease from one year ago (500) and a three percent increase from March 2023 (381). Sales of condo apartments in April came in at 77, declining by 31 percent year over year and increasing […]

In the Loop: March 2023 Real Estate Market Stats

In the Loop: March 2023 Real Estate Market Stats

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 […]


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