British Columbia Canada
While the value of homes in Victoria remains stable, the cost to own continues to rise September 2023 Victoria Real Estate Market Stats show that a total of 493 properties were sold in the Victoria Real Estate Board region this September, 20.2 percent more than the 410 properties sold in September 2022 and a 9.4 […]
Spring market begins to grow just in time for summer The May 2023 Real Estate Market Stats are out! They show a total of 775 properties were sold in the Victoria Real Estate Board region this May. This is 1.8% more than the 761 properties sold in May 2022 and a 21.7% increase from April […]
Not enough growth in inventory means spring market sales slow A total of 637 properties were sold in the Victoria Real Estate Board region this April, 22.7% fewer than the 824 properties sold in April 2022 but an 8% increase from March 2023. The sales of condominiums were down 21.8% from April 2022 with 205 […]
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 […]
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 […]
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The Victoria Real Estate Market Sees a Strong Start to 2021! A total of 646 properties sold in the Victoria Real Estate Board region this January, 57.2 per cent more than the 411 properties sold in January 2020 and 2.4 per cent more than the previous month of December. Sales of condominiums were up 83.1 […]
Victoria real estate market continues to experience strong demand, low supply A total of 795 properties sold in the Victoria Real Estate Board region this November, 37.8 per cent more than the 577 properties sold in November 2019 but 19.7 per cent fewer than the previous month of October 2020. Sales of condominiums were up […]
While COVID-19 and social distancing adaptations have proven challenging for the overall economy, there has been an upswing of activity in most BC submarkets since the spring. Here are the Real Estate markets to watch this winter. Although overall, post-COVID economic recovery isn’t in sight just yet. The need for affordable housing options is dire in this province. A large gap remains between available housing options […]
Victoria Real Estate Market continues to outperform in unpredictable times A total of 990 properties sold in the Victoria Real Estate Board region this October, 59.9 per cent more than the 619 properties sold in October 2019 and 0.1 per cent more than the previous month of September 2020. Sales of condominiums were up 70.8 […]