• Spring Market Update 2018 – Prices Still high!

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    If you haven’t heard the news, the Victoria Real estate market set a record again for sale prices in March 2018, with average prices reaching $859,000. Overall sales numbers are down from 2017 by about 25% compared to this time last year but listing inventory …

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  • Victoria 2018 Winter Update

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    The Victoria real estate market has started out very strong in 2018. Prices have remained high, with the average price of a single family home chalking in at just over $831,000, which is about 10% higher than a year ago. Condos, at $445,000 average price, …

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  • Victoria Fall Market Update

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    The Victoria real estate market is undergoing a slight change as the strong market continues into the fall. The average prices appear to have hit a peak as this summer experienced a small price drop for the first time in almost 2 years. The overall …

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  • Summer 2017 – Victoria Real Estate Update

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    The smoke has finally cleared from the air in Greater Victoria, but the fires throughout BC are still burning. Let’s hope some rain comes soon. This summer has been extremely dry as Victoria was on the verge of breaking a 53 day record of no …

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  • Victoria Spring Market Update

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    The real estate market has been very busy again in 2017. This is great news if you are a seller, as prices are up about 20% from one year ago in almost all regions of Greater Victoria. Sales have slowed slightly from the records set …

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  • Victoria Snowy Winter 2017

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    2017 is already into it’s second month and who would have thought that Victoria would have received a severe snowfall in early February? The real estate market is always temporarily frozen when Victoria gets a snow fall, but things should be back to normal in …

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  • Victoria Real Estate Update – Fall 2016

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    Government Intervention – Good or Bad? Wow! The Canadian and BC Governments are sure getting involved with the real estate market in Canada this year, with the intent to try and make real estate more affordable, help Canadians stay in a safer debt range, and …

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  • Victoria Real Estate Update – Summer 2016

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    Greater Victoria Real Estate Summer Outlook The BC Real Estate market has been extremely busy, and the Victoria market has experienced record sales volumes and record price increases over the last 3 months. Also, the BC Government has stepped in to intervene in the market with …

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  • Victoria Real Estate Spring Outlook 2016

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    Greater Victoria Real Estate Spring Outlook If you have read my blogs over the last few years you would see that the Victoria Real Estate market was undervalued and ready for a significant market upturn. However, no one could have predicted the rapid ascent that …

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  • Victoria Real Estate Update – Winter 2016

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    The Greater Victoria real estate market has been extremely busy so far in 2016. The average prices are up 10% from a year ago, and the listing inventory is down about 25% from a year ago (3200 down to 2400). Sales increased by 50% this …

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