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June 2009 - Posts

May 2009 Sales Data - Nanaimo
In Nanaimo, for the period May 2009 compared to the previous year May 2008, the number of units sold decreased 12% from 141 units to 124 units. The number of days to sell a listing increased 39% from 42 days to 58 days and finally the Average Selling Read More...

Posted Friday, June 19, 2009 10:14 AM by Kim Bihari | 0 Comments

VIREB - May 2009 Prices
Average sale prices across VIREB's six zones, from May 2008 to May 2009 are as follows: Campbell River was down 17% (to $280,261), the Comox Valley was down 14% (to $327,844), Cowichan Valley was down 9% (to $343,856), Nanaimo decreased only 6% (to Read More...

Posted Friday, June 19, 2009 9:42 AM by Kim Bihari | 0 Comments

VIREB - May 2009 Sales Figures
Data released by the Vancouver Island Real Estate Board (VIREB) for May 2009 showed sales volume continuing its trend of decreases over this time last year, with prices also declining on a month over month basis. The average sale price across the VIREB Read More...

Posted Friday, June 19, 2009 9:39 AM by Kim Bihari | 0 Comments

Airport Expansion On Track
The extension of the Nanaimo Airport runway is moving ahead as scheduled. Contractors broke ground in early April and a recent conversation I had with Mike Hooper, Nanaimo Airport’s President and CEO, confirmed that the expansion is currently under Read More...

Posted Friday, June 19, 2009 9:34 AM by Kim Bihari | 0 Comments