MEDIA

May 2024

LARGE INVENTORY INCREASE IN MAY WHILE SALES CONTINUE TO LAG

The Vancouver Island Real Estate Board (VIREB) recorded 824 unit sales board-wide (all property types) on the MLS® System in May 2024. In the single-family category (excluding acreage and waterfront), 409 homes sold in May, down 14 per cent from one year ago and up nine per cent from April. Sales of condo apartments last month came in at 92, increasing by 11 per cent year over year and up 23 per cent from April. In the row/townhouse category, 108 units changed hands in May, up 17 per cent from one year ago and 30 per cent from April.

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May 2024

LARGE INVENTORY INCREASE IN MAY WHILE SALES CONTINUE TO LAG

The Vancouver Island Real Estate Board (VIREB) recorded 824 unit sales board-wide (all property types) on the MLS® System in May 2024. 

READ MORE

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