Market Insights May 2022 - Market trending toward normal?
We appear to be trending toward normal market conditions locally. With rising interest rates, the tight inventory levels ...
Posted by Rob Grey on May 18, 2022
Market Insights February 2022
Market trends remain unchanged: no inventory, bidding wars for most listings, and frustration faced by buyers. At the end of January, the inventory ...
Posted by Rob Grey on February 18, 2022
2021 Fall Housing Market Outlook
Click anywhere on this post to read full report
Comprehensive look at the Canadian Real Estate Market. The newly released RE/MAX Canada ...
Posted by Rob Grey on October 13, 2021
First Half 2021 Market Review
With 6 months of market stats under our collective belts, market conditions continue an unpredictable finish to the year. The Canadian Real Estate ...
Posted by Rob Grey on July 14, 2021
Adjusting Prices to Reflect New Market
Our local markets are mirroring many markets across Canada: hot seller's market, multiple bids on many homes, and many sellers obtaining sales well ...
Posted by Rob Grey on March 17, 2021
The 2021 Market Forecast
More buyers than sellers currently.
Money is cheap so buying power is heightened. People are choosing to live in the Central Vancouver Island region ...
Posted by Rob Grey on February 18, 2021
Strong December Home Sales Close Out an Unprecedented Year BCREA 2020 Report Press Release
For immediate release
Strong December Home Sales Close Out an Unprecedented Year
Vancouver, BC – January 13, 2021. The British Columbia ...
Posted by Rob Grey on January 13, 2021
Canadian Housing Market Snapshot
A quick look at the Canadian markets.
Posted by Rob Grey on December 21, 2020
Market Update for November 30, 2020 - Inventories at historic lows
November sales in the Nanaimo market area followed a typical winter-like path with the number of single family homes dropping from 159 in September ...
Posted by Rob Grey on December 2, 2020
Market Update for October 31, 2020 - Prices Likely Heading Higher
Our local market has broken a new average price point: $600,000! Single family sales in October, 2020, were brisk, particularly in the first half ...
Posted by Rob Grey on November 16, 2020
Markets Continue Robust Activity
Single Family Sales continued their brisk activity in August with 127 homes selling, albeit down from the 179 homes which sold in July, 2020, but ...
Posted by Rob Grey on September 11, 2020
The Late Spring/Summer Rebound
Sales Volumes in July were recently revised. With approximately 180 single family home sales in July, this is reflective of volumes between 2003 and ...
Posted by Rob Grey on August 21, 2020