Around Town: Buyer demand continues to outpace supply in VIREB area
In April 2016, the benchmark price of a single-family home in the VIREB (Vancouver Island Real Estate Board) area was $356,700, up 8.36 per cent from one year ago. Benchmark pricing tracks the value of a typical home in the reported area. The benchmark price of... Around Town: Buyer Demand Outpacing Supply in the VIREB Area, March 2016 Statistics
VIREB’s (Vancouver Island Real Estate Board) real estate market set a brisk pace in March, with buyer demand outpacing supply in most markets. In March 2016, 520 single-family homes sold compared to 420 last March, an increase of 24 per cent. Month over month, sales...
Around Town: Vancouver Island Real Estate Board Reports 2015 Sales Statistics
A total of 4,886 single-family homes sold on the Multiple Listing Service® (MLS®) in the Vancouver Island Real Estate Board (VIREB) region in 2015, an increase of 13 per cent over the 4,335 sales recorded the previous year. Both the benchmark and average prices... Around Town: Vancouver Island Real Estate Board Reports November Activity
Last month, 351 single-family homes sold on the Multiple Listing Service® (MLS®) compared to 299 in November 2014, an increase of 17 per cent. Inventory levels are continuing their downward trend, with active listings showing a reduction of 17 per cent from one year...
Around Town: VIREB Housing Statistics for September
Vancouver Island Real Estate Board reported that in September 431 single-family homes sold on the Multiple Listing Service® (MLS®) compared to 405 in September 2014. This is an increase of six per cent. However, inventory levels are still declining, with active...Get 8 FREE Issues!
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