NAI Commercial Central Vancouver Island

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Nanaimo Economic Development Corporation quarterly update

November 26, 2014

By: Louise Turch

The NEDC has released their update for the third quarter of 2014.

According to the update, within the last year there has been a significant increase in single family housing construction. The sales of lots have seen a HUGE increase (158% since last year), with the average price of the lots increasing by an average of 3%.

Check out the entire report here on the Nanaimo Economic Development Corporation's website.