Luke Bouma - RE/MAX Professionals

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Luke Bouma - RE/MAX Professionals Determined to serve the public and our profession by providing the highest quality real estate service.

11/03/2026

How did VIREB's housing market perform in October? There were 582 unit sales (all property types) last month, down nine per cent from one year ago. Year-over-year active listings (all property types) were 4,173, up nine per cent from the previous year.

In the single-family category (excluding acreage and waterfront), 298 homes sold in October 2026, a decrease of four per cent from one year ago and up seven per cent from last month. Sales of condo apartments in October came in at 56, down 19 per cent from last year and up two per cent from September. In the row/townhouse category, 49 units changed hands in October, a drop of 38 per cent from one year ago and down two per cent from September.

Active listings of single-family homes were 1,319 in October, up from 1,224 one year ago. VIREB’s inventory of condo apartments was 353 last month, dropping from the 362 properties listed in October 2025. There were 317 row/townhouses for sale last month compared to 319 the previous year.

Benchmark prices for October were as follows.

• Single-family - $780,400 (down 1% y-o-y)
• Apartment - $400,000 (down 3% y-o-y)
• Townhouse - $579,800 (up 6% y-o-y)

📊 Our full October 2026 Statistics Package is available at https://bit.ly/4iXRJub. For local market insights, please contact a REALTOR® in your area. 🏡

Nanaimo Real Estate Market Stats - October 2026🏠Reach out with any questions or inquiries. I am always happy to help!
11/03/2026

Nanaimo Real Estate Market Stats - October 2026🏠
Reach out with any questions or inquiries. I am always happy to help!

Nanaimo Real Estate Market Stats - October 2026🏠Reach out with any questions or inquiries. I am always happy to help!   ...
11/03/2026

Nanaimo Real Estate Market Stats - October 2026🏠
Reach out with any questions or inquiries. I am always happy to help!

10/28/2026

The Bank of Canada has raised its benchmark interest rate to 2.5%. What could this mean for Canada's housing market and mortgages?

Here is a breakdown of the latest rate decision and what buyers, sellers and homeowners should know: https://rem.ax/BOCRa

Nanaimo Real Estate Market Stats - September 2026🏠Reach out with any questions or inquiries. I am always happy to help! ...
10/02/2026

Nanaimo Real Estate Market Stats - September 2026🏠
Reach out with any questions or inquiries. I am always happy to help!

Nanaimo Real Estate Market Stats - September 2026🏠Reach out with any questions or inquiries. I am always happy to help!
10/02/2026

Nanaimo Real Estate Market Stats - September 2026🏠
Reach out with any questions or inquiries. I am always happy to help!

10/01/2026

How did VIREB's housing market fare last month? Conditions favoured buyers, with a 13 per cent absorption rate and nearly eight months of inventory on the books.

VIREB recorded 562 unit sales (all property types) in September 2026, down 13 per cent from one year ago. Year-over-year active listings (all property types) were 4,457, up four per cent from the previous year.

In the single-family category (excluding acreage and waterfront), 279 homes sold in September 2026, a decrease of eight per cent from one year ago and down six per cent from last month. Sales of condo apartments in September came in at 55, down seven per cent from last year and 21 per cent from August. In the row/townhouse category, 50 units changed hands in September, a drop of 36 per cent from one year ago and down 37 per cent from August.

Active listings of single-family homes were 1,458 in September, up from 1,424 one year ago. VIREB’s inventory of condo apartments was 359 last month, dropping from the 390 properties listed in September 2025. There were 332 row/townhouses for sale last month compared to 341 the previous year.

Benchmark prices for September were as follows.

• Single-family - $777,300 (down 1% y-o-y)
• Apartment - $401,700 (down 4% y-o-y)
• Townhouse - $557,000 (up 1% y-o-y)

📊 Our full September 2026 Statistics Package is available at https://bit.ly/4z9ey4j. For local market insights, please contact a REALTOR® in your area. 🏡

09/02/2026

The Bank of Canada has once again held its key interest rate at 2.25%, maintaining stability for borrowers as policymakers continue to balance economic growth and inflation concerns. What does today's decision mean for homebuyers, sellers, and the housing market this fall?

Read more: https://rem.ax/BOCRa

Nanaimo Real Estate Market Stats - August 2026🏠Reach out with any questions or inquiries. I am always happy to help!
09/02/2026

Nanaimo Real Estate Market Stats - August 2026🏠
Reach out with any questions or inquiries. I am always happy to help!

Nanaimo Real Estate Market Stats - August 2026🏠Reach out with any questions or inquiries. I am always happy to help!    ...
09/02/2026

Nanaimo Real Estate Market Stats - August 2026🏠
Reach out with any questions or inquiries. I am always happy to help!

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RE/MAX Professionals 1-5140 Metral Drive
Nanaimo, BC
V9T2K8

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