Victoria Real Estate Market Update-April 2025
April 2025 The Victoria real estate market remains surprisingly stable during these economically and politically charged times. Victoria is a resilient city and remains a desirable place to call home for a lot of people moving to the island from across BC, Canada, and around the world. Today, the Bank of Canada decided not to […]
Victoria Real Estate Market Update-March 2025
March 2025 February was a steady month for Greater Victoria real estate as listing inventory remained balanced while sales numbers increased at the typical pre-spring rate of previous years. This trend should continue into the spring, but with a few bumps along the way during the tariff war with Trump. The bank of Canada dropped […]
Victoria Real Estate Market Update-February 2025
Happy Valentines Day! Hope you and your loved ones have a very special day February 2025 2025 housing market starts off with a good balance of inventory and stable pricing. The recent interest rate drops and increased tax break thresholds should help increase sales in 2025. The main uncertainty at this point lies with the […]
Victoria Real Estate Market Update-January 2025
January 2025 The Victoria real estate market experienced a strong November with decent sale numbers and a good supply of listings heading into the final month of the year. December will be slower as the holiday season begins to take shape, but the forecast appears to be positive for a good 2025. Especially if […]
Victoria Real Estate Market Update-December 2024
December 2024 The Victoria real estate market experienced a strong November with decent sale numbers and a good supply of listings heading into the final month of the year. December will be slower as the holiday season begins to take shape, but the forecast appears to be positive for a good 2025. Especially if […]
Victoria Real Estate Market Update-November 2024
October 2024 The Victoria real estate market remains balanced this fall with Increased sales, lower interest rates and a healthy supply of listings. These conditions should remain for the balance of 2024 and into the new year. Below are some of the statistics for October 2024 Listing Inventory: There were 3,161 active listings for […]
Victoria Real Estate Market Update-October 2024
October 2024 The Victoria real estate market continues to remain balanced, with a slight edge for Buyers at this time. The latest interest rate drop has helped bring more Buyers into the market, so the sales numbers were up slightly in September. However, the continued high supply of listings has given Buyers more choice […]
Victoria Real Estate Market Update-September 2024
September 2024 Victoria’s Summer real estate market is coming to an end and the Fall market transition has begun. Activity has picked over the last few weeks, which it typically does after the kids have returned to school and summer holidays have ended. The recent Bank of Canada interest rate drop should also bring […]
Victoria Real Estate Market Update-August 2024
August 2024 The Victoria housing market remains steady for buyers and sellers this summer. Hope you are enjoying this great summer weather. The market activity has been pretty good so if the Bank of Canada lowers interest rates again at the next meeting, the Fall market should remain steady as well. Below are some […]
Victoria Real Estate Market Update-July 2024
July 2024 The Victoria real estate market is in a ‘slow but steady’ phase at this time. The high interest rates are keeping sales numbers on the lower side which is contributing to the build up of the listing inventory. This gives more choice for Buyers, while Sellers need to price their properties competitively if […]
