Stay in touch with NIHO!

Business Examiner

Central 1: Caution as pandemic shifts towards greater normalization

Bryan Yu, The Business Examiner, Aug 30, 2021

BRITISH COLUMBIA – It is no secret that housing prices have surged across BC and throughout Canada. Since the onset of the pandemic, average MLS® home prices in Canada have increased 25 per cent with BC 23 per cent higher.

What is often missed, however, is a detailed perspective of urban area performance. MLS® data published by the Canadian Real Estate Association and local real estate boards is current and valuable to assess the current state of the market and resale inventories.

Read more »

Albertans buying into Island’s booming real estate market

Drew Harris, Vancouver Island Real Estate Board, Business Examiner- North,  June 9, 2006

NANAIMO – Ten per cent of Vancouver Island real estate buyers come from Alberta, says the president of the Vancouver Island Real Estate Board.

Darrell Paysen says more than 1,600 buyers were surveyed for VIREB’s annual Buyer’s Profile publication.

“From this we determined the growing percentage of Alberta buyers,” he said, quoting the VIREB Buyer’s Profile published last fall.

Read more »