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Victoria Area Real Estate

British Columbia Canada

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Cottage and Cabin Trends

Cottage and Cabin Trends

Survey reveals Canadian Millennials’ interest in recreational property ownership higher than ever The RE/MAX 2019 Recreational Property Trends survey conducted by Leger finds that the majority of Millennials (56 per cent) are in the market to purchase a recreational property. This is up 14 per cent from last year, when just 42 per cent of […]

2018 Victoria Real Estate Market Annual Review

2018 Victoria Real Estate Market Annual Review

This 2018 Victoria Real Estate Market Annual Review summarizes what’s happened in 2018 compared to 2017 in the real estate market in Greater Victoria. This annual market stat analyzes the Vancouver Island real estate market for Victoria and surrounding areas. They can be useful in establishing trends when applied over a period of time. The MLS® HPI is […]

RE/MAX 2019 Victoria Housing Market Outlook

RE/MAX 2019 Victoria Housing Market Outlook

RE/MAX 2019 Victoria Housing Market Outlook CANADIAN HOME PRICES EXPECTED TO INCREASE BY 1.7 PER CENT IN 2019 The 2019 Victoria Housing Market Outlookt Outlook suggests modest price increases are expected in 2019 and estimates the average sales price to increase by 1.7 per cent. Housing markets across the country have stabilized in 2018, after […]

2018 Recreational Property Report

2018 Recreational Property Report

BRITISH COLUMBIA The recreational property market in British Columbia is being driven primarily by retirees. Other emerging trends include couples and young entrepreneurs seeking work/life balance, and recreational property buyers cashing in on expensive urban housing markets. Across the board, the region is experiencing a seller’s market due to lack of recreational inventory. The amenities […]