Real Estate Market Fourth Quarter 2010

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Nanoose Bay to Qualicum Beach & Area

  • Photograph of Tom Whitfield
  • Parksville Qualicum Beach REALTOR®
  • Published: Jan 1st, 2011 at 3:08 pm

The 2011 real estate market looks quite promising. Prices have remained stable in our area and new listings are anticipated in the latter part of January. This will provide a terrific selection of properties to choose from. We have built up buyer demand, realized through fewer sales over 2008, 2009 and 2010 as we worked our way through that post-recession period. Our economy appears quite stable in terms of interest rates, unemployment figures, inflation and other such variables. Even south of the border, the US economy seems to have somewhat stabilized. Consumer confidence should be back on track and we do anticipate a strong spring 2011 sales season.

Arrow graphic Real Estate Market Fourth Quarter (pdf)

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