Vancouver Island Real Estate Board

Residential Activity

Residential sales activity in the Vancouver Island area rose in the fourth quarter of 2019 when compared to the fourth quarter of 2018.

Residential property sales numbered 1,621 units in the fourth quarter of 2019, edging up 1.8% when compared to the same quarter in 2018.

Single detached home sales rose 7.1% on a year-over-year basis in the fourth quarter of 2019.

Annually, residential property sales numbered 7,539 units in all of 2019. This was down 10.2% when compared to the 8,391 units recorded in 2018.