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The average sale price of houses in Nanaimo for 2011 was approximately $350,000. [37] A recent surge of higher-density real estate development, centred in the Old City / Downtown area, as well as construction of a city-funded waterfront conference centre, has proven controversial.
Nanaimo Straits Lumber Co 0 1912–1942 (some milling to 1950) ... real estate promotion/townsite Tranquille Sanatorium: Padova City, Tranquille Kamloops: Thompson-Nicola
Bill 28, the Miscellaneous Statutes (Housing Priority Initiatives) Amendment Act, 2016, is a British Columbian law that came into force on August 2, 2016. The law was introduced after calls urging the British Columbia provincial government to intervene in the housing market and curb foreign investment that was seen as a major contributor to the rapid rise in home prices.
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The Regional District of Nanaimo is a regional district located on the eastern coast of Vancouver Island, British Columbia, Canada. [3] It is bordered to the south by the Cowichan Valley Regional District , to the west by the Alberni-Clayoquot Regional District , and to the northwest by the Comox Valley Regional District .
It is located in Nanaimo, on the east coast of Vancouver Island. Its geographical coordinates are 49°08′N 123°57′W / 49.133°N 123.950°W / 49.133; -123.950 [ 1 ] The name has been in use since at least 1913, when Harewood referred to a small mining village in the area, no longer existing, having been overtaken by Nanaimo
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