Sales of single-family homes in November on Vancouver Island declined by 28 per cent from one year ago and were 21 per cent lower than in October. Last month, 305 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 384 in October and 426 one year ago. Modest inventory increases are helping The Vancouver Island Real Estate market transition from one favouring sellers to a balanced or near-balanced market. Active listings of single-family homes have dropped each month since hitting this year’s high of 1,418, which occurred in July.
Wintertime is not typically when one thinks about shopping for a new home or selling a current residence. Most people are cozy in their homes baking cookies, planning family festivities and getting ready for the upcoming holiday season. Don’t let this month pass you by if you are wanting to buy or sell! There are so many wonderful winter opportunities to be had!
The idea of shopping for Christmas gifts for loved ones can be a daunting task even for the most seasoned shoppers amongst us. Let us help you with some ideas we have gathered that are sure to be enjoyed by even the most difficult on your holiday shopping list! These are some very practical and fun presents that are guaranteed not to be dust collectors!
The erosion of affordability in larger markets is pushing more buyers away. However the purchasing power caused by the mortgage stress test and rising interest rates continue to be a concern though, continuing strong performance in the economy combined with favourable demographics is expected to push home sales above their 10-year average in 2019.
There is a magic in the air this time of year with Christmas around the corner. As families and friends savour quality time together we would like to suggest attending a theatrical performance as an enriching activity to enjoy with your loved ones.
Performing arts is a wonderful source of intellectual learning and inspiration that shouldn’t be forgotten. Whether it be in the form of drama, ballet or music. It is wonderful to watch familiar, old favourite performances or branch out to discover something new.
Sales of single-family homes in September dropped by 32 per cent from one year ago and 25 per cent from August 2018.
Fall has finally arrived to the Island and October is the month of Halloween, so if you’re looking for family activities around Nanaimo, keep reading because we got you covered. This blog covers all the current Halloween activities and provides you with information about pumpkin patches around the Nanaimo area.
Fall in Canada means woollen socks, hot mugs of cocoa, reading by the fireplace and of course good old-fashioned comfort foods.
Our event last night at The Ridge was a fabulous success and we want to thank everyone who came out and attended.
Sales of single-family homes in August were seven per cent higher than in July but dipped by 14 per cent from August 2017.
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