British Columbia Canada
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Expected decrease in recorded home sales as the market continues to settle A total of 384 properties were sold in the Victoria Real Estate Board region this November, 41.2 per cent fewer than the 653 properties sold in November 2021 and 20 percent fewer than in October 2022. Sales of condominiums were down 42.4 percent […]
Victoria’s summer real estate market conditions push into September. A total of 410 properties sold in the Victoria Real Estate Board region this September, 46.1 per cent fewer than the 761 properties sold in September 2021 and a 14.2 per cent decrease from August 2022. Sales of condominiums were down 58.8 per cent from September […]
The shift in the Victoria Real Estate market brings more time for buyers and sellers A total of 510 properties were sold in the Victoria Real Estate Board region in July. This is 38.9% fewer than the 835 properties sold in July 2021, and a 16.7% decrease from June 2022. Sales of condominiums were down […]
Pragmatic policy across interest rates, immigration and taxation could deliver a stable, albeit expensive Canada housing market through to 2027 RE/MAX Canada launches chapter one of Unlocking the Future: 5 Year Outlook Report in partnership with CIBC and The Conference Board of Canada This series of reports, done in collaboration with relevant area experts, will […]
Victoria’s hot housing market levels off, yet supply is still important for long-term attainability. A total of 612 properties sold in the Victoria Real Estate Board region this June, 35 per cent fewer than the 942 properties sold in June 2021 and a 19.6 per cent decrease from May 2022. Sales of condominiums were down […]
Pace of the Greater Victoria real estate market steady into spring. A total of 761 properties sold in the Victoria Real Estate Board region this May, 27.5 per cent fewer than the 1,049 properties sold in May 2021 and a 7.6 per cent decrease from April 2022. Sales of condominiums were down 23.1 per cent […]
Victoria real estate market continues to experience low inventory and high demand A total of 833 properties sold in the Victoria Real Estate Board region this March, 29 per cent fewer than the 1,173 properties sold in March 2021 but a 16 per cent increase from February 2022. Sales of condominiums were down 26 per […]
Record low inventory prevents Victoria real estate market from cooling-off A total of 718 properties sold in the Victoria Real Estate Board region this February, 16.8 per cent fewer than the 863 properties sold in February 2021 but a 51.5 per cent increase from January 2021. Sales of condominiums were down 7.9 per cent from […]
Limited Inventory Continues to be Key in Victoria Real Estate Market A total of 474 properties sold in the Victoria Real Estate Board region this January, 26.6 per cent fewer than the 646 properties sold in January 2021 but an 8.2 per cent increase from December 2021. Sales of condominiums were down 13 per cent […]