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Province s overall home prices up 22 percent from a year ago

Province s overall home prices up 22 percent from a year ago
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Island real estate market slows slightly, but not enough to cool prices

Island real estate market slows slightly, but not enough to cool prices SHARE ON: Vancouver Island’s scorching real estate market cooled down a bit 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 per cent from May 2021 (150 to 134).  Row/townhouse sales decreased by 18 per cent from May and were 15 per cent 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 the board’s strongest market historically.

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