British Columbia Canada
Inventory pressures continue to constrain the Victoria real estate market There was a total of 745 properties was sold in the Victoria Real Estate Board region this October, 24.7 percent fewer than the 990 properties sold in October 2020, and 2.1 percent fewer than the previous month of September. Condominium sales were down 18.1 percent […]
Canadian housing market expected to remain strong this fall, despite Delta variant, say RE/MAX brokers and REALTORS® Young families driving demand for single-detached homes in cities across the country Canadian housing market prices are anticipated to increase by 5% in the remaining months of 2021, according to RE/MAX brokers and agents. 26/29 major Canadian housing […]
A greater commitment to development is required to balance local the housing market. A total of 761 properties sold in the Victoria Real Estate Board region this September, 23.1 per cent fewer than the 989 properties sold in September 2020 and 8.4 per cent fewer than the previous month of August. Condominium sales were up […]
The August 2021 Victoria Real Estate Market Stats show that the Victoria housing market continues to adapt to long-term lack of supply. A total of 831 properties sold in the Victoria Real Estate Board region this August, 15.1 per cent fewer than the 979 properties sold in August 2020 and 0.5 per cent fewer than […]
Victoria housing inventory continues to decline over summer months driving inventory even lower. July 2021 Victoria Real Estate Market A total of 835 properties sold in the Victoria Real Estate Board region this July, 14.7 per cent fewer than the 979 properties sold in July 2020 and 11.4 per cent fewer than the previous month […]
Low inventory and strong demand continue in the Victoria real estate market. A total of 942 properties sold in the Victoria Real Estate Board region this June, 16.6 per cent more than the 808 properties sold in June 2020, but 10.2 per cent fewer than the previous month of May. Condominium sales were up 61.7 […]
May shows an unwavering demand and reinforces the need to support a supply of homes The Victoria market continued to show its strength through the month of May, with a near record setting pace for sales and ongoing record low inventory levels. A total of 1,049 properties sold in the Victoria Real Estate Board region […]
Canadians opt for more affordability and new lifestyle, flocking to recreational property market 57 per cent of markets offer properties below $500K, according to RE/MAX brokers and agents Average sale price anticipated to rise up to 30% in some recreational property markets, according to RE/MAX brokers and agents. 44 per cent of recreational property buyers […]
For immediate release Victoria, BC (May 25, 2021) – Graeme Parker, Braden Wheatcroft, Justus Edmundson and Ray Blender of RE/MAX Camosun in Victoria, BC, are pleased to announce Victoria student receives RE/MAX 2021 bursary. Jade LaFayette of Oak Bay High School is one of the sixteen students chosen from Western Canada to receive the RE/MAX […]
Housing in Greater Victoria remains in high demand in the April 2021 Victoria real estate market. “Comparing last year’s April market to 2021 does not provide us any real insight into long term market trends,” said Victoria Real Estate Board President David Langlois. “Instead of comparing to last year’s numbers, we need to look at […]