Nanaimo and Vancouver Island News and updates

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Beyond Vancouver – Investor Hotspots

It’s no surprise that Western Investor recently highlighted Nanaimo as a standout location for real estate investment. With strategic infrastructure developments, booming commercial projects, and a high demand for rental properties, Nanaimo is primed for growth, making it an increasingly attractive destination for investors seeking long-term returns. As leaders in Nanaimo Real Estate and 30 […]

Spring Market Arrives in the Fall

Fall Real Estate Market Update – Vancouver Island The big story right now is the Bank of Canada’s half-point interest rate cut. Dropping the overnight rate by 50 basis points As expected, the Bank of Canada cut its key interest rate by 50bps to 3.75% in its October 2024 decision, with plans to continue lowering […]

Poly-B Pipes

For homeowners looking to sell, replacing Poly-B pipes can also make your home more attractive to buyers and ensure that you’re not faced with last-minute repair requests or insurance complications. If you suspect you have Poly-B piping, act now to avoid future headaches.

Whale Watching on Vancouver Island

Vancouver Island, with its stunning coastal landscapes and vibrant marine life, offers one of the best whale-watching experiences in the world. As summer fades and September rolls in, the island becomes a prime destination for observing these magnificent creatures in their natural habitat. In this blog, we’ll dive into why September is the perfect time […]

June Market Stats

In June 2024, the Vancouver Island Real Estate Board (VIREB) reported a total of 737 property sales across all categories on the MLS® System. This included 359 single-family homes (excluding acreage and waterfront properties), reflecting a 15% drop from June 2023 and a 12% decrease from May 2024. Sales of condo apartments stood at 82, […]

Vancouver Island June Market Recap

The Canadian GDP expanded by 1.7% in annualized terms in the first quarter of 2024, accelerating from a downwardly revised 0.1% increase in the fourth quarter but coming below market expectations of 2.2% growth. The annual inflation rate in Canada eased to 2.7% in April of 2024 from 2.9% in the previous month, in line […]