May 2020 Market Stats Nanaimo Real Estate

May 2020 Market Stats Nanaimo Real Estate

HIGHER MAY SALES INDICATE A RECOVERING MARKET NANAIMO, BC – While COVID-19 had a significant impact on the Vancouver Island Real Estate Board’s (VIREB) housing market in April, the board’s May numbers indicate that the market may already be recovering. Last month, 246 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to […]

Can I Close on a Home Remotely?

Can I Close on a Home Remotely?

The past few months have been a whirlwind of emotions for many. As we all wrap our minds around the current situation, there’s no doubt that coronavirus has dramatically affected the way we live and how our society operates. There is no clear answer on when things will be back to normal, but the real estate […]

April 2020 Nanaimo Market Stats

April 2020 Nanaimo Market Stats

The impact of of COVID-19 hits home in April. The anticipated impact of COVID-19 on VIREB’s housing market became a reality in the April 2020 Nanaimo Market Stats, with sales of single-family homes dropping by 54 per cent year over year. April 2020 Nanaimo Market Stats Last month, 189 single-family homes sold on the Multiple Listing Service® […]