Welcome to your August Market Update, focused exclusively on South Nanaimo, including the University District, Old City Quarter, and surrounding areas.
Category: Real Estate Market Updates
August 2025 Luxury Nanaimo Update
July marked a shift in Nanaimo’s luxury real estate market, with the first monthly decline in available inventory this year. A reduction in listings, combined with an uptick in sales, has created a more balanced landscape in the high-end segment.
August 2025 Market Update
Welcome to the August 2025 Market Update. If you’re watching Nanaimo’s housing market, you know it’s shifting beneath our feet—but what’s really happening right now? Before the official boards release their monthly figures, this deep-dive blog post gives you:
Subsidized Rental Housing Development Advances Near Downtown Nanaimo
Ballenas Housing Society, will introduce 116 much-needed rental units, with a substantial majority being subsidized to ensure affordability.
July 2025 Luxury Update
Welcome to our Nanaimo luxury real estate market update for June 2025. Whether you’re looking to buy, sell, or just stay informed, this update offers the latest market insights.
July 2025 South Nanaimo Update
Despite macroeconomic headwinds and rising unemployment, the South Nanaimo market is demonstrating resilience. The increase in the sales ratio suggests a shift toward a more balanced and active market, with nearly half of all listings converting to sales.
Nanaimo Real Estate Market Update, Recent June Sales
Actionable Data, First June stats to Market—From Gillette & Associates.
We break down the latest 90-day data for single family homes—providing the numbers and insights you need weeks before they appear in official market reports. Our analysis covers average price per square foot, hottest neighbourhoods, days on market, and the true impact of price drops. If you want to price your home right or buy with an edge, these are the numbers to know.
Vancouver Island Real Estate Emerges as a Hotspot Amid Lower Mainland Pressures
Despite the current fall of housing prices in British Columbia’s Lower Mainland from their excessive heights, a growing number of homebuyers and investors are turning their attention to Vancouver Island real estate. With its comparatively lower property prices, relaxed lifestyle, and strong community ties, the island is quickly becoming a compelling alternative for those seeking both affordability and quality of life.
June 2025 – Real Estate Market Update
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 government just dropped a major game-changer that could make Nanaimo homeownership a much more attainable reality for many of you: a brand-new GST […]
May 2025 – Real Estate Market Update
Welcome back to the Gillette and Associates May 2025 – Real Estate Market Update, we are going to cover the landscape of where the market has came to and where it headed throughout this post.
December 2024 Market Update
Factors we are watching in 2025
