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Mid Island Multifamily Market Report 2021

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research article

The Nanaimo and Mid Island Multifamily market have a highly active year in 2021. This was a result of high demand, stable returns, and low interest rates. All these factors combined created a highly competitive market.

  • Investment activity for the Mid Vancouver Island was at an all time high in 2021, as transaction volumes reached $203 million, a 66% increase over the record set in 2017 ($122 million).
  • The Nanaimo rental vacancy increased a nominal 0.8% to 1.8% year-over-year.  


Mid Island Multifamily Market Report 2021

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Pour plus d’informations, veuillez contacter:

Tyler Dolan

Managing Director | Vancouver Island


As Managing Director, Tyler is responsible for execution of Colliers business strategy on Vancouver Island.  Tyler has and has been active in the commercial real estate industry since 2001, and spent the majority of his career in both real estate and commercial finance with major financial institutions. In May 2018, Tyler assumed the role of Managing Director for the Colliers Vancouver Island office.

Tyler's priorities include business development, employee engagement, professional development, recruiting, financial management and performance, market identity and public relations. Tyler also takes an active role to ensure that all services offered by Colliers are offered to our clients.

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Leo Lee

Directeur national Opérations, Recherche | Canada

Toronto Downtown

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