BALANCED MARKET, MEASURED MOMENTUM IN MARCH The Vancouver Island Real Estate Board (VIREB) recorded 636 unit sales (all property types) in March 2026, up one per cent from one year ago. Year-over-year active listings (all property types) were 3,776, up two percent from the previous year. In the single-family category (excluding acreage and waterfront), 302 homes sold in March 2026, up tw... Read more →
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MULTI-FAMILY MOMENTUM BALANCES SLOWER SINGLE-FAMILY SALES The Vancouver Island Real Estate Board (VIREB) recorded 388 unit sales (all property types) in January 2026, down 10 percent from one year ago. Year-over-year active listings (all property types) were 3,157, up six percent from the previous year. In the single-family category (excluding acreage and waterfront), 162 homes sold in J... Read more →
I wanted to share this link to the BC Home Energy Planner so if you are so inclined to plan your home energy upgrades BC is provided this tool to help. https://bchomeenergyplanner.ca/ Read more →
ONE WORD DEFINED VIREB’S HOUSING MARKET IN 2025: RESILIENCE The Vancouver Island Real Estate Board (VIREB) recorded 7,620 unit sales (all property types) in 2025 compared to 7,473 in 2024. There were 412 unit sales in December 2025, down six percentfrom one year ago. Active listings last month were 3,075, up seven percent year over year. In the single-family category (excluding acr... Read more →
CONTINUED STABILITY REFLECTS CONFIDENCE IN HOUSING MARKET The Vancouver Island Real Estate Board (VIREB) recorded 513 unit sales (all property types) in November 2025, down eight percent from one year ago. Year-over-year active listings (all property types) were 3,646, up five percent from the previous year. In the single-family category (excluding acreage and waterfront), 259 homes sold... Read more →
BALANCED CONDITIONS DEFINE LOCAL HOUSING MARKET THIS FALL The Vancouver Island Real Estate Board (VIREB) recorded 649 unit sales (all property types) in October 2025, down nine percent from one year ago. Year-over-year active listings (all property types) were 3,838, down four percent from the previous year. In the single-family category (excluding acreage and waterfront), 317 homes sold... Read more →
SEPTEMBER 2, 2025 MARKET SLOWER THAN IN JULY BUT STILL AHEAD OF LAST YEAR NANAIMO, BC – The Vancouver Island Real Estate Board (VIREB) recorded 692 unit sales (all property types) in August 2025, up six percent from one year ago. Year-over-year active listings (all property types) were 4,405, down three percent from the previous year. In the single-family category (excluding acreag... Read more →
MARKET HOLDING STEADY IN BALANCED TERRITORY The Vancouver Island Real Estate Board (VIREB) recorded 637 unit sales (all property types) in March 2025, down 1% from one year ago. Year-over-year active listings (all property types) rose by six percent, climbing to 3,708 from 3,488 the previous March. In the single-family category (excluding acreage and waterfront), 301 homes sold in March,... Read more →
UNCERTAINTY SURROUNDING TARIFFS HOLDING BACK BUYERS The Vancouver Island Real Estate Board (VIREB) recorded 493 unit sales (all property types) in February 2025, the same as one year ago. Year-over-year active listings (all property types) rose by three percent, climbing to 3,235 from 3,153 in February 2024. In the single-family category (excluding acreage and waterfront), 239 homes sold... Read more →
POSITIVE START TO 2025 TEMPERED BY UNCERTAINTY The Vancouver Island Real Estate Board (VIREB) recorded 434 unit sales and 2,988 active listings (all property types) board-wide on the MLS® System in January 2025, up 26 and five percent, respectively. In the single-family category (excluding acreage and waterfront), 205 homes sold in January, up 36 percent from one year ago and down 10... Read more →
BALANCED MARKET CONDITIONS LIKELY TO CLOSE OUT THE YEAR The Vancouver Island Real Estate Board (VIREB) recorded 566 unit sales and 3,478 active listings (all property types) board-wide on the MLS® System in November 2024, up 17 and three percent, respectively. In the single-family category (excluding acreage and waterfront), 267 homes sold in November, up 14 percent from one year ago... Read more →
BALANCED MARKET OFFERS THE BEST OF BOTH WORLDS The Vancouver Island Real Estate Board (VIREB) recorded 722 unit sales and 4,015 active listings (all property types) board-wide on the MLS® System in October 2024, up 42 per cent and 12%, respectively. In the single-family category (excluding acreage and waterfront), 346 homes sold in October, up 45%from one year ago and eight per cent ... Read more →
SPRING MARKET ARRIVES IN THE FALL on VANCOUVER ISLAND The Vancouver Island Real Estate Board (VIREB) recorded 637 unit sales and 4,465 active listings (all property types) board-wide on the MLS® System in September 2024, up 16 percent and 24 percent, respectively. In the single-family category (excluding acreage and waterfront), 320homes sold in September, up 22 percent from one year... Read more →
FAVOURABLE CONDITIONS TRENDING TOWARDS BUYERS’ MARKET The Vancouver Island Real Estate Board (VIREB) recorded 662 unit sales board-wide and 4,520 active listings (all property types) on the MLS® System in August 2024. In the single-family category (excluding acreage and waterfront), 333 homes sold in August, up three percent from one year ago and down eight percentfrom July. Sa... Read more →
QUIET HOUSING MARKET CLOSES OUT JULY The Vancouver Island Real Estate Board (VIREB) recorded 737 unit sales board-wide and 4,559 active listings (all property types) on the MLS® System in July 2024. In the single-family category (excluding acreage and waterfront), 363 homes sold in July, down 11 percent from one year ago and up one percentfrom June. Sales of condo apartments last mon... Read more →
WAITING IS THE THEME OF VIREB’S SUMMER HOUSING MARKET The Vancouver Island Real Estate Board (VIREB) recorded 737 unit sales boardwide (all property types) on the MLS® System in June 2024. In the single-family category (excluding acreage and waterfront), 359 homes sold in June, down 15 percent from one year ago and 12 percent from May. Sales of condo apartments last month came ... Read more →
More Inventory Benefits Both Buyers and Sellers The Vancouver Island Real Estate Board (VIREB) recorded 741 unit sales boardwide (all property types) in April 2024. In the single-family category (excluding acreage and waterfront), 376 homes sold in April, down two percent from one year ago and up 29 percent from the previous month. Sales of condo apartments last month came in at 75, drop... Read more →
MARCH HOUSING MARKET CALMER THAN EXPECTED Last month, the Vancouver Island Real Estate Board (VIREB) recorded 655 unit sales board-wide (all property types). In the single-family category (excluding acreage and waterfront), 291 homes sold in March, down 22 per cent from one year ago and up 15 per cent from February 2024. Sales of condo apartments last month came in at 84, increasing by 2... Read more →
FEBRUARY SEES SIGNIFICANT SALES INCREASE Last month, 254 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, up 15 per cent from one year ago and 67 per cent from January 2024. Sales of condo apartments in February came in at 68, increasing by 11 per cent year over year and up 45 percent from the previous month. In the row/townhouse category, 59 units changed... Read more →
