A Traveller’s Guide to the City of Nanaimo

The City of Nanaimo sprawls over a strip of the eastern coastline of Vancouver Island. It’s a popular tourist destination, with two ferry terminals to bring in vehicles and travellers from Horseshoe Bay and Tsawwassen from the lower mainland. One airport serves the city with frequent flights from Alberta and Vancouver connecting the city to…

Read More

Nanaimo Real Estate Market Update – January 2018

Nanaimo real estate market continues to experience a shortage in housing supply. The inventory of single family homes dropped 16 percent in January compared to one year ago while apartments and townhouses dropped 19 and 30 percent respectively. These are record lows for the area. This creates a very competitive and fast moving market for…

Read More

BC Property Assessment

BC Property Assessment

You should have received your 2018 BC Property Assessment Notice in the mail and if you are in the Nanaimo area then you likely saw a nice increase in property value. Of course, this will mean that to follow will be an increase in property taxes but be happy that your investment has gone up!…

Read More

Do You Know About These 4 Major Projects Planned for Nanaimo?

Nanaimo is the fastest growing region on Vancouver Island according to the latest State of the Island Economic Report. Alongside our impressive growth we have 4 Major Projects planned for Nanaimo in the next couple of years. These major projects will be big economic drivers for Nanaimo promoting growth, jobs and business opportunities. All projects…

Read More

Nanaimo Real Estate Market Update – December 2017

The Nanaimo Real estate market closed off the year with the busiest December on record with 667 housing units selling last month. Sales of single-family homes increased by 35 per cent from December 2016. Apartments and Townhomes increased by twenty four per cent and twenty six per cent respectively. The year end numbers report that there…

Read More

Nanaimo Real Estate Market Update – November 2017

The Nanaimo Real Estate market for November is seeing a decrease in sale volume as we enter the winter season with 116 sale in November vs. 128 sales in October. Overall price of real estate continues to climb steadily with an average sale price increase of 13% from one year ago. Nanaimo home owners are…

Read More

Nanaimo Real Estate Market Update – September 2017

The Nanaimo Real Estate market has seen a small decrease in the number of sales from the busy summer with unit sales down 3%. Overall price of real estate continues to climb steadily with an average sale price increase of 10% from one year ago. Nanaimo home owners are seeing an 18% increase in return from…

Read More

Nanaimo Waterfront Homes for Sale

Do you dream of having a home right on the ocean? Would you enjoy seeing orcas in the distance while you sip on your morning coffee? Would you love to see your kids enjoy their own private beachfront ? How about being able to go for a paddle at dusk? Well, Nanaimo has some beautiful…

Read More

Nanaimo Real Estate Market Forecast

The Nanaimo real estate market is red hot and will continue to see growth throughout 2018. With the strong BC economy, influx of new residents to the area and shortage of housing in Nanaimo – real estate will continue to see high demand for years ahead but the market has “cooled” somewhat compared to the…

Read More

Are Rental Homes a Good Investment?

Investing in a rental property can be a lot more intuitive and controlled compared to other forms of investment. Of course, before you decide to invest, you need to know the real estate market, the rental market and decide if this type of investment will yield good return on investment. Furthermore, outside regular home ownership,…

Read More