Nanaimo Real Estate Market Update, Recent June Sales
Join us for the June 2025 - Real Estate Market Update covering Nanaimo, Vancouver Island and Canada as a whole.
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June 2025 – Real Estate Market Update
Join us for the June 2025 - Real Estate Market Update covering Nanaimo, Vancouver Island and Canada as a whole.
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HUGE First-Time Home Buyers GST Exemption
Hey Nanaimo! If you’ve been scrolling through listings, dreaming of that perfect first home by the ocean or tucked away in a quiet neighbourhood, you’re in for some fantastic news. The federal…
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Join us for the May 2025 - Real Estate Market Update covering Nanaimo, Vancouver Island and Canada as a whole.
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December 2024 Market Update
Explore Nanaimo's December 2024 market update including trends and insightful updates featuring market analysis and key insights.
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2024 Year End Market Update
Discover November’s Vancouver Island real estate trends, Nanaimo market insights, and Canadian housing updates. Stay informed and plan ahead for 2025 with Gillette & Associates!
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November 2024 Market Stats
Dive deep into the November 2024 Market stats and how that is going to affect buyers and sellers in the following months.
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Spring Market Arrives in the Fall
Explore fall real estate market with rising inventory, price adjustments, and increased activity in single-family homes and townhouses.
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July 2024 Market Update
Stay informed with July 2025 Market Update for Vancouver Island real estate trends. Get insights to guide your property decisions
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June 2024 Market Update
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…
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June 2024 Market Report
Vancouver Island June Market Recap: April real estate trends, sales stats, Canadian economy overview, and interest rate decision.
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Nanaimo Market Update – November 2023
Stay informed with the Nanaimo Market Update for November 2023. Get the latest trends and insights on Nanaimo's real estate market.
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July 2023 Nanaimo Market Update
Year over year there is less than a 1% difference to the average home price, indicating that home prices are nearly identical to last year. The average home price of $876,671 is also a 5.5% increase…
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May 2023 Market Update
Explore the statistics of the May 2023 Real Estate Market in Naniamo and what to expect in the following months
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June 2023 Market Update
Join Derek Gillette for a June 2023 Nanaimo Market Update where he goes over the latest real estate news of Vancouver Island!
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April 2023 Nanaimo Market Update
Educate yourself on the April 2023 Real Estate Market and where their is potential for your property or to buy a home.
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2023 Q1 Vancouver Island Market Intelligence Report
Learn about the 2023 Q1 Market Report in Nanaimo BC and where the market is heading in the following months.
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March 2023 Market Update
Supply Historically in the Nanaimo real estate market, we experience an increase in new listings from January to February. In only 3 of the last 10 years have we seen a month over month decrease in…
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January 2023 Nanaimo Market Update
January 2023 market stats for the Nanaimo Real estate market
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2020 Real Estate Market – Recap
The fewer surprises and experiences that accumulated in 2020 made it feel like a much longer than normal year. Learning new ways of doing business, including many people transitioning to working from…
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October 2022 Market Report
Explore our October 2022 Market Update with Gillette and Associates
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STRONG POST-COVID RECOVERY CONTINUES
A strong market can bring a distorted perspective as we sometimes focus on the current rather than taking the bigger picture into account, it is important to look at the overall market. Using almost…
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August 2020 Market Update
Market update and report from Derek Gillette, with over 30 years of experience in the Nanaimo Real Estate Market!
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June 2020 Market Report
We have seen listing activity normalize with sales, the active listings are down around 20 per cent year-over-year and, we may see some markets with upward pressure on prices if this continues.…
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May 2020 Market Update
Market update and report from Derek Gillette, with over 30 years of experience in the Nanaimo Real Estate Market!
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Market Conditions Starting to Reflect Seasonal Norms
In Vancouver the first half of 2019, multi-family sales activity throughout Metro Vancouver and Greater Victoria lagged. Between August 1 and November 1, more than $400 million in transactions and…
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Slower Than Average Spring Housing Market Continues
The mortgage stress test (Guideline B-20) continues to hurt housing sales throughout British Columbia, including Vancouver Island. Although the B.C. economy continues to be highly supportive of…
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Guideline B-20 Continues to Dampen Housing Sales
Last month, 228 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 315 in February 2018 and 208 the previous month. Apartment and townhouse categories found sales…
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Prices still rise but Mortgage Stress Test slowing Housing Sales
In the previous month, 209 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 170 in December and 290 in the past year. Sales of apartments were 20 per cent lower…
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December 2017 Market Update
Explore the december 2017 market update with Gillette and Associates today!
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Market Moving Towards Balanced Conditions
Last month, 348 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 467 in August and 511 one year ago. The number of apartments and townhouses changing hands last…
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July 2018 Market Report
July 2018 Market Report The number of apartments changing hands last month was virtually the same as July 2017 (100 compared to 101) Housing demand in the VIREB area has shifted lower so far in 2018,…
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May 2018 Market Report
In its 2018 Second-Quarter Housing Forecast, the British Columbia Real Estate Association (BCREA) anticipates that MLS® residential sales in the province will decline by nine per cent to 94,200 units…
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Updated from Derek Gillette on the local real estate market in Nanaimo monthly. Stay up to date on trends and advatages!
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July 2016 Market Report
Home sales cooled in July, yet still remain significantly higher than last July, with 608 single-family homes sold on the MLS® System compared to 512 this time last year. However, month over month,…
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Market Update May 2016
In April 2016, 662 single-family homes sold on the MLS® System compared to 449 last April, an increase of 47 per cent. Month over month, sales were up by 27 per cent from the 520 sales processed in…
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Market Update Nov 2015
Last month, 369 single-family homes sold on the MLS® System compared to 400 in October 2014, a decrease of eight per cent. Month over month, sales were down by 14 per cent from September 2015. When…
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