Wayne Myhal

Personal Real Estate Corporation

Cell 250-616-1792

Office 250-756-2112

Email: wmyhal@shaw.ca

Vancouver Island Market Report Infographics

Monday, July 12, 2021 12:53:53 PM UTC
INFOGRAPHICS: June 2021 VIREB Vancouver Island Market Reports
INFOGRAPHICS: June 2021 VIREB Vancouver Island Market Reports

June market cools slightly but high demand continues

The blistering heat that finally gave way to slightly cooler temperatures mirrors what is happening in our housing market, as scorching real estate activity continued its cooling trend in June.

Last month, the Vancouver Island Real Estate Board (VIREB) saw sales of 533 single-family detached properties compared to 531 the previous month and 473 in June 2020. In the condo apartment category, sales dropped by 10% from May 2021 (150 to 134). Row/townhouse sales decreased by 18% from May and were 15% lower than in June 2020. Sales in the VIREB area are tracking at around 400 units more than at this time in 2016, which was our strongest market historically.

Read the full report on the VIREB website!

 

 


 

he following data is a comparison between June 2020 and June 2021 numbers, and is current as of July 2021. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – June 2021 VIREB Market Report

 

 

 

 

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INFOGRAPHICS: May 2021 VIREB Vancouver Island Market Reports
INFOGRAPHICS: May 2021 VIREB Vancouver Island Market Reports

Market Calms Slightly in May But Continues to Sizzle

The Vancouver Island Real Estate Board (VIREB) reports that the housing market calmed slightly in May but is still the strongest experienced since 2016.

May saw sales of 534 single-family detached properties compared to 590 in April, a dip of 9%. In the condo apartment category, 150 units sold last month versus 133 in April, up by 13%. In the townhouse market, sales dropped by 11%, with 94 units selling in May compared to 106 the previous month.

Read the full report on the VIREB website!

 

 


 

The following data is a comparison between May 2020 and May 2021 numbers, and is current as of June 2021. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – May 2021 VIREB Market Report

 

 

 

 

 

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INFOGRAPHICS: April 2021 VIREB Vancouver Island Market Reports
INFOGRAPHICS: April 2021 VIREB Vancouver Island Market Reports

Little Relief for Frustrated Buyers in April

There was little relief for frustrated buyers in April despite an increase in active listings. Inventory of single-family homes and condo apartments rose by 8% and 16%, respectively, but active listings of townhouses dropped by 8%.

April saw sales of 590 single-family detached properties compared to 567 the previous month. In the condo apartment category, 133 units sold last month versus 136 in March 2021. As for townhouses, 106 units changed hands in April compared to 124 the previous month.

Read the full report on the VIREB website!

 

 


 

The following data is a comparison between April 2020 and April 2021 numbers, and is current as of May 2021. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – April 2021 VIREB Market Report

 

 

 

 

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INFOGRAPHICS: March 2021 VIREB Vancouver Island Market Reports
INFOGRAPHICS: March 2021 VIREB Vancouver Island Market Reports

INVENTORY UP SLIGHTLY BUT STILL NO RELIEF FOR BUYERS

Lack of inventory is frustrating potential buyers in the VIREB area, with demand for homes far exceeding supply.While active listings in March were higher than in February, inventory is still at a historical low. There were 508 single-family detached properties for sale last month compared to 394 in February, an increase of 29%. The number of condo apartments for sale rose slightly, up to 171 from 169 in February. Month-over-month townhouse inventory increased by 29%, with 117 units for sale in March compared to 91 in February

Read the full report on the VIREB website!

 

 


 

The following data is a comparison between March 2020 and March 2021 numbers, and is current as of April 2021. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – March 2021 VIREB Market Report

 

 

 

 

 

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INFOGRAPHICS: February 2021 VIREB Vancouver Island Market Reports
INFOGRAPHICS: February 2021 VIREB Vancouver Island Market Reports

Buyer Demand Continues to Outstrip Supply

Buyer demand in the VIREB area continues to outstrip supply, contributing to the lowest inventory on record for the board.

Active listings of single-family detached properties (excluding acreage and waterfront) dropped to 394 in February, down six per cent from January. There were 169 condo apartments for sale last month compared to 212 in January, a drop of 20 per cent. Month-over-month townhouse inventory decreased slightly, with 91 units for sale in February compared to 95 the previous month.

Read the full report on the VIREB website!

 

 


 

The following data is a comparison between February2020 and February 2021 numbers, and is current as of March 2021. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – February 2021 VIREB Market Report

 

 

 

 

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INFOGRAPHICS: January 2021 VIREB Vancouver Island Market Reports

Lowest inventory on record continues to plague buyers

The Vancouver Island Real Estate Board (VIREB) reports that sales of single-family homes in January increased by 66 per cent board-wide from one year ago but were five per cent lower than in December.

Last month, 286 single-family detached properties (excluding acreage and waterfront) sold on the MLS® System compared to 172 the previous January and 302 in December 2020. In the condo apartment category, sales rose by 46 per cent year over year (63 to 92) but dropped by 26 per cent from the previous month. Row/townhouse sales increased by 75 per cent from January 2020 and 45 per cent from December.

Read the full report on the VIREB website!

 

 


 

The following data is a comparison between January 2021 and January 2020 numbers, and is current as of February 2021. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – January 2021 VIREB Market Report

 

 

 

 

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INFOGRAPHICS: December 2020 VIREB Vancouver Island Market Reports

Lowest inventory on record closes out the year

The Vancouver Island Real Estate Board (VIREB) reports that sales of single-family homes in December increased by 34 per cent from one year ago and were 28 per cent lower than in November.

Last month, 302 single-family detached properties (excluding acreage and waterfront) sold on the MLS® System compared to 226 in December 2019 and 422 in November 2020.

Read the full report on the VIREB website!

 

 


 

The following data is a comparison between December 2019 and December 2020 numbers, and is current as of December 2020. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – December 2020 VIREB Market Report

 

 

 

 

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INFOGRAPHICS: November 2020 VIREB Vancouver Island Market Reports
INFOGRAPHICS: November 2020 VIREB Vancouver Island Market Reports

Strong Buyer Demand Hampered By Low Inventory

Last month, 422 single-family detached properties (excluding acreage and waterfront) sold on the MLS® System compared to 318 in November 2019, a 33% increase. Sales dipped by 19% from October.

In the condo apartment category, sales rose by 65% year over year and decreased by 17% from October. Row/townhouse sales increased by 84% from the previous year but dropped by 8% from October.

Read the full report on the VIREB website!

 

 


 

The following data is a comparison between November 2019 and November 2020 numbers, and is current as of December 2020. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – November 2020 VIREB Market Report

 

 

 

 

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INFOGRAPHICS: October 2020 VIREB Vancouver Island Market Reports
INFOGRAPHICS: October 2020 VIREB Vancouver Island Market Reports

High Demand Continues Despite Pandemic

The Vancouver Island Real Estate Board (VIREB) recorded 1,066 unit sales (all categories) last month compared to 721 in October 2019.

Breaking those numbers down, 524 single-family detached properties (excluding acreage and waterfront) sold in October compared to 342 the previous year, a 53% increase but a decrease of 18% from September. Sales of condo apartments rose by 48% year over year and six% month over month. Row/townhouse sales increased by 51% from October 2019 but dipped by 10% from the previous month.

Read the full report on the VIREB website.

 

 


 

The following data is a comparison between October 2019 and October 2020 numbers, and is current as of November 2020. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – October 2020 VIREB Market Report

 

 

 

 

 

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INFOGRAPHICS: September 2020 VIREB Vancouver Island Market Reports
INFOGRAPHICS: September 2020 VIREB Vancouver Island Market Reports

Robust Housing Market Being Fuelled By Many Factors

VIREB recorded 1,287 unit sales (all categories) last month compared to 692 in September 2019, a healthy showing amid the economic downturn caused by a global pandemic.

Breaking those numbers down, 643 single-family detached properties (excluding acreage and waterfront) sold in September compared to 324 the previous year. Sales of condo apartments rose by 46% year over year while row/townhouse sales increased by 28%.

Read the full report on the VIREB website!

 

 


 

The following data is a comparison between September 2019 and September 2020 numbers, and is current as of October 2020. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – September 2020 VIREB Market Report

 

 

 

 

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.