INFOGRAPHICS: September 2021 VIREB Vancouver Island Market Reports
Housing Market Closed Out Summer the Way It Began
The housing market in the Vancouver Island Real Estate Board (VIREB) area finished summer the way it began, with historically low inventory and rising prices.
Active listings of single-family homes were 47% lower last month than in September 2020, while VIREB’s inventory of condo apartments and row/townhouses dropped by 57% and 48%, respectively, from one year ago.
There were 932 unit sales in the VIREB area last month, down 27% from one year ago. By
category, 447 single-family homes sold in September, down three% from August and 30 per
cent year over year. September saw 122 condo apartment sales compared to 123 one year ago and
101 in August. In the row/townhouse category, there were 86 sales last month, down 21% from September 2020 and five% from the previous month.
The following data is a comparison between September 2020 and September 2021 numbers, and is current as of October 2021. Click here to check out last month’s infographics.
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