Posts Tagged: vancouver island

Lots of Real Estate Inventory on Vancouver Island

Slow and steady wins the race. At least, that was the lesson from The Tortoise and the Hare, and it might be the only consolation for Vancouver Island realtors and home sellers comparing their market conditions to those of the Lower Mainland. While sales activity and prices in Greater Vancouver are surging, the market in… Read more »

Canada: Vancouver Island Real Estate Lagging Behind Mainland

Nanaimo’s condo market is flatlining, as condominium sales improve in B.C.’s bigger markets. Slashed prices are being used to push unit sales at one of Nanaimo’s biggest downtown condo towers, while another building remains shelved for the foreseeable future. Greater Vancouver is enjoying a bullish market, especially in condo sales, fuelled by Chinese investors looking… Read more »

Vancouver Island Real Estate Market Improving

Real estate sales picked up in Greater Victoria and Vancouver Island last month compared with January but still lagged behind February of last year. Continuing low interest rates and national job growth are credited with supporting Canadian housing demand, but the market will likely soften this year and into 2012, Scotiabank Group said in a… Read more »