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November 2025 Market Update
The Nanaimo real estate market in November 2025 was generally stable and balanced for single-family homes, with an average sale price of approximately $873,000 and a benchmark price of $801,900 . The market showed two distinct speeds: competitive for properties under $1 million , and slower for those above $1.25 million . Nanaimo Single-Family Home Statistics: The single-family detached home segment saw steady activity with an increase in sales volume year-over
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October 2025 Market Update
In October 2025, the Nanaimo real estate market showed signs of a balanced market with a slight dip in the median sold price to $776,500, down 4% from September. Home sales volume increased significantly compared to the previous year, with 94 sales recorded compared to 89 in October 2024, and active listings remained stable. The Vancouver Island Real Estate Board (VIREB) reported 649 total sales and six months of supply for all property types, indicating a balanced market. K
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Top Home Upgrades to Boost Your Property’s Value
“Spring has a way of bringing everything back to life, even a broken heart—or a dated, messy house.” ~ Willie Nelson (roughly...
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Understanding When Mortgage Penalties Apply
Many homeowners—especially those without a mortgage broker—don’t fully understand mortgage penalties. And I get it! Financing a home can...
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Spring Forward: Preparing Your Finances for the Home-Buying Season
Spring is one of the busiest seasons in the real estate market, with buyers eager to find their dream home before summer. If you're...
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10 Smart Spring-Cleaning Tips to Revitalize Your Home
As the days grow longer and the sun shines brighter, it's the perfect time to refresh your home with a thorough Spring clean! A clean,...
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Understanding Second Mortgages: Are They Right for You?
One of the biggest benefits to purchasing your own home is the ability to build equity in your property. This equity can come in handy...
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Market Outlook for 2025
It’s a new year and as we gear up for the upcoming Spring season, it is a good idea to take a look at the market outlook and what we are...
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12 Tips for Decluttering Your Space
Decluttering can bring a sense of calm and order to your space, especially as the holiday season approaches. Here are some practical tips...
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Resolutions for Your Home and Finance
As the new year approaches, it's a natural time to reflect on our personal goals and set resolutions for the months ahead. Your home and...
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Tips To Improve Your Credit Score
One of the important factors in home ownership is understanding things like your credit score. Some people don’t pay much attention to...
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Fraud Awareness
Protecting yourself and your mortgage from fraud is crucial to safeguard your financial well-being. Understanding some of the more common...
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Exciting Partnership Unveiled: Fitzwilliam Mortgage Teams Up with Mortgage West Brokers Inc.
The principals behind Fitzwilliam Mortgage Corporation, John Woods and Caroline Roach, are thrilled to announce a new path in their...
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Most Commonly Asked Mortgage Questions
1. What’s the best rate I can get? Your credit score plays a big part in the interest rate for which you will qualify, as the riskier you...
6 min read
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