Category: Uncategorized

We Have Reached the Top!

Our team at dg & associates is so excited to be a part of The Westerly at Fairwinds! We had the pleasure of hosting the inaugural event along with the Fairwinds Community and Seacliff Properties to celebrate the time-honoured structural completion of The Westerly. A great turn out and fun was had by all in the beautiful marina side setting to celebrate. Attendees learned about this new masterfully executed residential community, the Fairwinds lifestyle and signed the commemorative plaque that will become a permanent fixture in the finished building.

Housing Sales Seeing An Increase

Sales of single-family homes in July board-wide rose by three per cent year over year and were 12 per cent higher than in June. Last month, 453 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 406 the previous month and 438 in July 2018 with an increase in townhouse sales by 22 per cent. Some areas remain active and even brisk at specific price points.

REAL 3D VIRTUAL HOME TOURS

We are taking the in-home tour to the next level! You can explore our homes from anywhere in the world with our Real 3D tour that offers realistic details and the experience of our homes without ever setting foot inside our properties.

Vancouver Island Summer Events 2019

Summer has finally arrived on the West Coast and with kids on summer break and out of town family coming to visit, it’s hard to decide what to do. Worry no more! This blog covers several events that will be fun for the whole family; and they’re all happening right here in Nanaimo and surrounding areas during the summer months!

Slower Than Average Spring Housing Market Continues

Sales of single-family homes in May board-wide dropped by 12 per cent but rose by 11 per cent from April. Last month, 459 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 412 the previous month and 519 in May 2018. Sales of apartments dipped by seven per cent year over year while townhouse sales increased by 19 per cent. The British Columbia Real Estate Association reports that on a seasonally adjusted basis, sales in the VIREB area are close to 2014 levels, and current market conditions are expected to continue into the fall.

Pros and Cons of Artificial Grass

As the weather warms up and we start to venture outdoors, around the neighbourhoods far and wide are the sounds of lawn mowers being dusted off and roaring to life. The unmistakable smell of a freshly cut lawn means spring at last but as time becomes more and more precious the argument of artificial grass versus a live lawn is an interesting debate.

Easter Activities in Nanaimo 2019

Easter Long Weekend is fast approaching and we have compiled a list of some family fun activities happening in and around Nanaimo for you to partake in. Events are indoor and outdoor with activities sure to delight young and old. Peruse our list and check out the links for all the specific details. So read on and start planning!

Guideline B-20 Continues to Dampen Housing Sales

Guideline B-20 Stress test continues to impact housing sales in BC but Vancouver Island is a bit more sheltered. The Vancouver Island Real Estate Board, which stretches from North of the Malahat on Vancouver Island, reported sales of single-family homes in February dropped by 28% year over year but were up 10% from January.

Prices still rise but Mortgage Stress Test slowing Vancouver Island Housing Sales

Despite lower demand year-over-year benchmark prices of single-family homes continue to rise board-wide, up around nine per cent from January 2018. Price increases in individual markets ranged from five per cent in Nanaimo to 17 per cent in Port Alberni. Although Vancouver Island has felt the effects of the mortgage stress test. Also referred as Guideline B-20. The toll on single-family housing sales throughout the province in January dropped by 28 per cent from one year ago, albeit they did rise by 23 per cent from December 2018. General demand is lower while potential Buyers adjust however there still is very little supply in active price points keeping the markets somewhat balanced.