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Nanaimo News Bulletin

House sales up, prices down

Chris Bush, Nanaimo News Bulletin, July 7, 2009

Real estate sales in Nanaimo climbed through June, continuing a trend that started in February.

Multiple Listing Service statistics released by the Vancouver Island Real Estate Board reports show 161 unit sales for June, beating May’s 124 units and well above June 2008, when just 111 units changed ownership in Nanaimo.

While sales are up, Nanaimo prices are down slightly from April’s average unit price of $352,555 – the highest so far this year.

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