The below graph represents the Nanaimo area sales and prices for single family homes for July market stats
Tag: Real Estate
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 and waterfront properties), reflecting a 15% drop from June 2023 and a 12% decrease from May 2024. Sales of condo apartments stood at 82, […]
June 2024 Market Report
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 […]
British Columbia’s Housing Landscape Transformation
First-Time Home Buyers Guide
Steps First Time Home Buyers MUST Make in their Your Path to Homeownership Welcome to the exciting journey of homeownership! At DG & Associates, we’re here to guide first-time home buyers through every step of buying your first home. Whether you’re in your 20s or approaching retirement, our comprehensive guide will help you navigate the […]
Investment Living Through Condos in Nanaimo
Are you considering real estate as a potential investment avenue this Spring 2024? If so, diving into Nanaimo’s rental property market could be a smart move. In this blog post, we’ll explore why investing in rental properties, particularly condos, in Nanaimo can offer great prospects for growth and financial stability. The concept of investment living […]
Speculation Tax Expansion January 2024
The speculation and vacancy tax, introduced by the B.C. government in 2018, is set to expand to include several new municipalities, including Parksville, Qualicum Beach, Courtenay, Comox, and Cumberland. This expansion is slated to take effect starting January 1, 2025. As part of this policy change, residential property owners in these communities will be required to declare in January 2025 how they used their property in 2024. This could include whether the property was rented, vacant, etc.
Lakefront Living – Vancouver Island
Have you ever envisioned a life where tranquil waters are just steps away, and nature’s calm envelops your days? Whether you’re a potential homebuyer, a real estate investor, or simply seeking a serene getaway, our exploration of lakefront living on Vancouver Island is tailored just for you. In this article, we delve into why living by the lake is more than a location choice – it’s a lifestyle. From the investment potential of waterfront properties to the peaceful ambiance perfect for retirement, vacation, or everyday living, discover how a lakefront home can transform your life. Read on to learn about the unique blend of tranquility, community, and natural beauty that makes lakefront living on Vancouver Island a dream worth pursuing.
Sustainable Living Homes
The Rise of Eco-Friendly Residences In today’s environmentally conscious world, the concept of sustainable living homes is rapidly gaining traction. This movement isn’t just about reducing our carbon footprint; it’s about creating spaces that promote health, efficiency, and harmony with nature. This article delves into the world of sustainable living homes, offering insights into their benefits, features, and why they are the future of residential living.
Nanaimo Market Update – November 2023
The average home price in Nanaimo increased by roughly $65,000 month over month while the market also saw a decrease in the number of sales. Typically less sales will indicate a slower market with prices decreasing, not increasing.
Romantic Countryside Inspired Homes
In a world that’s increasingly fast-paced and digitally driven, the yearning for tranquillity, simplicity, and a connection to nature has only grown stronger. This desire has led to a resurgence in the popularity of countryside-inspired homes, where the charm of rural living meets the comforts of modern design. One such manifestation is the Romantic Countryside Inspired Home – a blend of classic elegance, natural elements, and a touch of whimsy. In this article, we’ll delve into the captivating designs, popular colour palettes, and defining features of this delightful style.
Cutting-Edge 3D Printed Homes
3D-printed houses are popping up all around the globe! Read on for information on the fascinating world of 3D printed homes, addressing common questions and shedding light on their potential impact on the future of housing.
