We present an analysis of the properties of HI holes detected in 20 galaxies that are part of "The HI Nearby Galaxy Survey." We detected more than 1000 holes in total in the sampled galaxies. Where they can be measured, their sizes range from about 100pc (our resolution limit) to about 2kpc, their expansion velocities range from 4 to 36km/s, and their ages are estimated to range between 3 and 150Myr. The holes are found throughout the disks of the galaxies, out to the edge of the HI disk; 23% of the holes fall outside R25. We find that shear limits the age of holes in spirals (shear is less important in dwarf galaxies) which explains why HI holes in dwarfs are rounder, on average than in spirals.