Nanaimo and Vancouver Island News and updates

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How to Winterize Your Home

Protecting Your Nanaimo Property from Winter’s Chill Nanaimo’s winters can be unpredictable, bringing everything from mild, rainy days to occasional snowstorms and freezing temperatures. As local real estate professionals, we know that properly winterizing your home is crucial for protecting your investment and ensuring comfort during the coldest months. Exterior Preparation Start by focusing on […]

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 […]