Market Update

February 2024 Mid-Vancouver Island Market Update and the BoC Holds the Rate!

Posted on Mar 12, 2024 in Market Update


Check out the market update for the Parksville/Qualicum and Nanaimo areas for February 2024. 

Looks like Spring Market has arrived for 2024. Listing and sales are up versus the same time in 2023 but prices are also on the rise. This all despite the Bank of Canada holding the rate for the fifth consecutive time. 

This all leads up to the inevitable ra...

Read More

January 2024 Mid-Vancouver Island Market Update

Posted on Feb 22, 2024 in Market Update


Check out the January mid-Vancouver Island market update and stay tuned as I let you know the three keys to the start of the Spring market. 

The market here on mid-Vancouver Island has been very stable since the summer. Prices are relatively the same as in the same period last year. Listings and sales are steady across all property types as we start...

Read More

July 2023 Mid-Vancouver Island Update in 60 Seconds!

Posted on Aug 14, 2023 in Market Update

Check out the July mid-Vancouver Island market update given to you in 60 seconds or less!! 

As I have been mentioning for quite a while, we have finally come to that point where the market has been stable for about a year. Prices now are very similar to what they were in July 2022. This has been the case deposit the rapid interest rate increases by...

Read More

May 2023 Mid-Vancouver Island Market Update in 60 Seconds

Posted on Jun 15, 2023 in Market Update


Check out the May mid-Vancouver Island market update given to you in 60 seconds or less!! 

Still seeing the downward price trend for single-family homes in both Parksville/Qualicum and in Nanaimo versus the same time in 2022. However, month over month we are seeing prices continue to increase since the start of 2023. 

The Bank of Canada interest rate...

Read More

April 2023 Mid-Vancouver Island Update in 60 Seconds

Posted on May 18, 2023 in Market Update


Here is another mid-Vancouver Island update, this time for April 2023, given to you in 60 seconds or less! LET'S GET AT IT!!! 

Still in the thick of the spring market here in Parksville/Qualicum and Nanaimo. People are certainly looking to buy, but there is still minimal inventory for them to look at. Also, buyers are very discerning when it comes t...

Read More

March 2023 Mid-Vancouver Island Update in 60 Seconds

Posted on Apr 18, 2023 in Market Update


Here are the mid-Vancouver Island market stats for March 2023 given to you in 60 seconds or less! LET'S DO THIS!!! 

March certainly brought the beginning of what is appearing to be a very busy spring and summer here on mid-Vancouver Island! 

Compared to last year we are still seeing price decreases and days on market increases. However, we have been...

Read More