January 2023 Real Estate Market Stats

January 2023 Real Estate Market Stats

CALM START TO THE YEAR HERALDS A GREAT TIME TO BUY Last month, 165 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 24 per cent decrease from one year ago and a drop of 18 per cent from December. Sales of condo apartments in January 2023 came in at 42, […]

January 2022 Nanaimo Real Estate Market Stats

January 2022 Nanaimo Real Estate Market Stats

NEW YEAR BRINGS SMALL INVENTORY BUMP The new year brought a small inventory bump, but demand is still far outpacing supply in the Vancouver Island Real Estate Board (VIREB) area. Active listings of single-family homes were 39 per cent lower last month than the previous January but rose by 15 per cent from December 2021. VIREB’s […]