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Want to know what your home is worth in today’s Nanaimo market? Comment PRICE and let’s take a look at your numbers. 📧 alvin@alvintan.ca ☎️ 778-762-0707 Follow us for more real estate updates: 🌐 Website: alvintan.ca 📸 Instagram: @alvintanrealestate 📘 Facebook: Alvin Tan Real Estate When the whole country is talking about a “housing market crash”… Why did Nanaimo’s February sales jump 14.75% instead? Here’s what the data actually says: 🏡 70 single-family homes sold (up from 61 last year) 📈 Average price: $856,972 (up 2.7%) 💰 Sales-to-list ratio: 98.44% That’s not crash behavior. Interest rates are stable. Buyers who were waiting are stepping back in. Fixed rates around 4% are creating manageable payments. And while larger cities feel expensive and pressured, Nanaimo continues to offer value, lifestyle, and long-term appeal. A real crash looks like falling sales, forced selling, surging inventory, and sharp price drops. That’s not what we’re seeing here. This looks like a normalized, stable market — not frenzy, not panic. If you’re waiting for a bottom that may not come, the data doesn’t support it (at least for now). If you’re selling, buyers are still active — with the right strategy. #NanaimoRealEstate #NanaimoMarketUpdate #VancouverIslandHomes #BCRealEstate #NanaimoHomes #IslandLiving #RealEstateInsights #MarketUpdate #HomeValues #BuyersMarket #SellersMarket #CanadianRealEstate #InvestmentProperty #NanaimoBC #VancouverIslandLiving #AlvinTanRealEstate