A total of 588 properties sold in the Victoria Real Estate Board region this March, 0.3 per cent fewer than the 590 properties sold in March 2023 but a 25.1 per cent increase from February 2024. Sales of condominiums were down 10.2 per cent from March 2023 with 177 units sold. Sales of single family … » Learn More about Real Estate Market Update – April 2024
Victoria BC
Real Estate Market Update for Victoria – April 2023
Good news makes for a buoyant market. It looks like the turbulent and uncertain waters of inflation on our real estate market are behind us and it’s back to confidence. The news has been positive on many fronts since my last newsletter. The Bank of Canada held rates for the second time in a row … » Learn More about Real Estate Market Update for Victoria – April 2023
Victoria Real Estate Market Update – May 2022
Is change in the air. Rising inflation, rising interest rates and rising uncertainty seem is simmering just below the surface of a still hot, but markedly cooling real estate market. The Sales-to-Active listings ratio dripped last month to 60%. Although a substantial drop as you’ll realize if you’ve been following my newsletter, it’s also still … » Learn More about Victoria Real Estate Market Update – May 2022
Greater Victoria Mini Hikes
One of the favorite activities of outdoor enthusiasts in Victoria is hiking. The amazing thing about this area is that it only takes 5-15 minutes to drive to a location of a beautiful walk or hike along the coastline or forested area. No better way to break up your day than with some fresh air, … » Learn More about Greater Victoria Mini Hikes
Victoria Real Estate Market Update – November 2021
Once again the Real Estate story remains with tight supply restricting sales. The Sales-to Active Listings ratio for October was a hair under 72% with 745 properties changing hands and just 1036 active listings at month-end. This is roughly 50% of the active listings from the previous year. This remains a great time to sell … » Learn More about Victoria Real Estate Market Update – November 2021
