Nanaimo’s local real estate market was healthy throughout the summer and it looks as though the momentum is expected to continue into fall. It’s not unusual to see the listings and sales volumes decline in July and August. Despite sales volumes being slower than previous months, the volume remained VERY strong, particularly when compared to the same month last year.
August 2015 Market Highlights
You’ll be happy to know that prices continue to rise but at a very reasonable rate keeping our affordability very attractive, and giving homeowners the increase in equity they always want to see.