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Victoria Area Real Estate

British Columbia Canada

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Victoria Fall 2021 Canadian Housing Market Outlook

Victoria Fall 2021 Canadian Housing Market Outlook

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 […]

July 2021 Victoria Real Estate Market Stats

July 2021 Victoria Real Estate Market Stats

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 […]

June 2021 Victoria Real Estate Market Stats

June 2021 Victoria Real Estate Market Stats

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 […]

March 2021 Victoria Real Estate Market Stats

March 2021 Victoria Real Estate Market Stats

The fast pace of Victoria real estate market surges on with a total of 1,173 properties sold in the Victoria Real Estate Board region this March, 92.9 per cent more than the 608 properties sold in March 2020 and 35.9 per cent more than the previous month of February. Sales of condominiums were up 111.8 […]

Commercial Investor Report 2021

Commercial Investor Report 2021

Resilient commercial real estate markets in Western Canada expected to rebound in latter half of 2021, says RE/MAX Industrial and multi-unit residential asset classes to lead the way Kelowna, BC (February 25, 2021) — While endless challenges faced commercial real estate markets in 2020, investors and end users in Western Canada showed incredible resilience in their […]

January 2021 Victoria Real Estate Market Stats

January 2021 Victoria Real Estate Market Stats

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 […]

BC Real Estate: The Real Estate Markets to Watch this Winter

BC Real Estate: The Real Estate Markets to Watch this Winter

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 […]

October 2020 Victoria Real Estate Market Stats

October 2020 Victoria Real Estate Market Stats

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 […]

September 2020 Victoria Real Estate Market Stats

September 2020 Victoria Real Estate Market Stats

Consumer interest in homeownership in Victoria unwavering over course of pandemic A total of 989 properties sold in the Victoria Real Estate Board region this September, 60.6 per cent more than the 616 properties sold in September 2019 and 1 per cent more than the previous month of August 2020. Sales of condominiums were up […]

June 2020 Victoria Real Estate Market Stats

June 2020 Victoria Real Estate Market Stats

The Victoria Real Estate Market is Impacted by Many Different Factors in June A total of 808 properties sold in the Victoria Real Estate Market Board region this June, 9.2 per cent more than the 740 properties sold in June 2019 and 76.8 per cent more than the previous month of May 2020. Sales of […]