Housing sales activity across Vancouver Island was up eight per cent in May compared to last year, while average sale prices were comparable.
The average price of a single family home sold within the Vancouver Island Real Estate Board region in May was $342,395, remaining close to average price for May 2012 at $343,662.
Nanaimo’s average sales price was up two per cent to $357,443 and the city saw a 12-per cent increase in unit sales from May last year.