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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.

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.