Market Stats & Trends

Market Stats

Hot Housing Market Puts Home Sellers in Driver’s Seat NANAIMO, BC – Home sellers are in the driver’s seat throughout the VIREB area as buyers compete for available listings.
In May 2016, 771 single-family homes sold on the MLS® System compared to 527 last May, an increase of 46 per cent. Month over month, sales were up by 17 per cent from the 660 sales processed in April 2016. Last month’s active listings totalled 1,684, down 32 per cent from the 2,507 reported in May 2015.