The Vancouver Island Real Estate board has released the December 2009 monthly market stats, in addition to the 2009 Year in Review stats. As predicted it was a very active month in real estate and that momentum is expected to continue well into 2010. Record low interest rates are still driving demand, and home ownership is a viable option for many income brackets. 5 Year fixed rates are being published at 3.79%. For a more detailed analysis of the market, or to determine the best real estate investment strategy for you, please contact John Cooper directly at anytime. Toll Free: 1.866.956.6228. john@islandlifestyle.ca This entry was posted on Friday, January 22nd, 2010 at 12:28 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
News & Updates
Feb
23
23
HOUSE PRICES RISE ALMOST 20% ACROSS CANADA
A new article in the Nanaimo Daily News states that housing prices are on the rise in Canada with the average price of homes up 19.6% from a year ago. The average home is now selling for $328, 537 in January, compared with $274, 711 a year ago. There has been a slight dip in housing resales as shown in the numbers released by the Canadian Real Estate Association. Though year over year, home resales activity is still up 58% .
“The resale market is becoming more balanced in a number of provinces,” said CREA president Dale Ripplinger. “A more balanced market is likely to result in smaller price increases going forward.”
To read the full article, Click Here.
Feb
12
12
NEW LISTING – 4800 NEY DR NORTH NANAIMO
6 Bdm 4 Bath executive home for $519,900. This 3200+ sq.ft. executive main level entry home includes a luxurious legal 2 bedroom suite. The main house includes a spacious great room and an additional 4 bedrooms & 3 bathrooms. There are 3 bedrooms & 2 bathrooms upstairs, with another bedroom & full bathroom downstairs. The downstairs bedroom sits next to a large 15 x 20 rec room. This home includes dark hardwood floors, designer berber carpets, modern paint colours, designer brick fireplace, & beautifully tiled entrance way along with granite. counter tops. For more info Click Here.
Featured Pages
Buying a Home
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Pride of Ownership
Pride of ownership is the number one reason why Canadians desire their own home. There is no landlord looking over your shoulder. You are able to make improvements knowing that any appreciation that results, will be to your benefit. Home ownership gives you and [...]