Special Assessment
Additional fees charged to Victoria BC strata owners for major repairs or improvements not covered by regular strata fees. Can significantly impact ownership costs.
Tax Assessments and Rapid Fluctuations
With the rapid fluctuations in the real estate market of late, house prices can quickly go up or down in value, resulting in annual property assesment values that appear significantlyout of line with the current market. Also, with the time lag delays in receiving the actual assessments verse the time it takes the market to change, it can be […]
Victoria Real Estate Market Update-March 2026
March 2026 Victoria Real Estate Board Market Report – March 2026 The Victoria real estate market has held steady through the early months of 2026. With plenty of outside factors keeping both buyers and sellers sidelined, sales numbers have slowed this year, but home prices have remained resilient and continue to hold their ground. That […]
Victoria Real Estate Market Update-February 2026
February 2026 Victoria Real Estate Board Market Report – February 2026 While some large markets across Canada have experienced significant price drops over the last year, the Victoria Real Estate Market has remained quite resilient. Overall sales have slowed in recent months, and listing inventory remains on the higher side, but prices have only dropped […]
Victoria Real Estate Market Update-January 2026
January 2026 Victoria Real Estate Board Market Report – December 2025 The Greater Victoria and Westshore markets were quite resilient in 2025. While the news headlines were geared towards the distractions from South of the border, our region registered a slight increase in overall sales for the year compared to 2024, and prices in most […]
Victoria Real Estate Market Update-December 2025
December 2025 December is here, and the holiday season is rapidly approaching. I wish you and your family all the best over the holidays, and a prosperous New Year! The Victoria Real Estate market has remained stable over the last few months. Sales numbers dropped in November but that is typical as we near the […]
Victoria Real Estate Market Update-November 2025
November 2025 The Victoria Real Estate market continues to remain in a balanced state with great options for Buyers in most sectors of the market. The small interest rate drop by the Bank of Canada was welcomed by the industry and should allow a few more first time Buyers to enter the market. Below are […]
Victoria Real Estate Market Update-October 2025
September 2025 As we enter the fall season, the Victoria real estate market continues to remain in balance. September’s numbers reveal a steady flow of activity, with both sales and inventory adjusting to seasonal and economic trends. Prices must be sharp to attract Buyers, as there are more homes currently for sale than in previous […]
Victoria Real Estate Market Update-September 2025
September 2025 Victoria real estate market has slowed slightly over the course of the summer, while listing inventory has increased over the last year, leaving more choice for Buyers while Sellers must price their properties correctly to attract interest. Below are some of the statistics for August 2025 Listing Inventory: There were 3,600 active listings […]
Victoria Real Estate Market Update – Fall 2015
This fall has been full of surprises. The Blue Jays are in the playoffs, the Canucks started out with a bang, The Seahawks are losing, and oh yeah, Canada has a new Prime Minister – Justin Trudeau of the Liberals. I watched CNN for a while after our election results were finished, and low […]