Victoria Real Estate Market Update-September 2021
September 2021: The Greater Victoria housing market is strong and should continue this way with few changes into the fall. However, there is a significant lack of listings in all categories which continues to put upward pressure on prices and is making it very hard for buyers to get into the market. One reason for […]
Victoria Real Estate Market Update-August 2021
August 2021: Hope you are enjoying your summer. The weather has been great. We do need some rain though to help with the burning fires in our province. July was an active month in the Victoria real estate market, but sales started to slow about mid way through July. Prices were still up […]
Victoria Real Estate Market Update-July 2021
July 2021: The Month of June was another busy month for the Victoria Real Estate market. However, the heat wave did slow the market in the latter part of the month and now with the relaxing of the Covid 19 restrictions as of July 1st, the market seems to have shifted slightly and the frenzy […]
Victoria Real Estate Market Update-June 2021
June 2021: The Greater Victoria real estate market experienced an extremely busy May. Prices continued to climb, listing inventory continued to decline, and the number of sales were again above the 10 year average. The majority of out of country buyers have been on the sidelines due to the travel restrictions. The inter-provincial buyers have […]
Victoria Real Estate Market Update-May 2021
May 2021: Housing Market in Greater Victoria Remains Strong. With prices remaining at record highs, interest rates at record lows, and listing inventory about 40% lower than usual, there appears to be no slow down expected in the Victoria market anytime soon. Below are the statistics for the month of April 2021. Listing Inventory: […]
Victoria Real Estate Market Update-April 2021
April 2021: The month of March was like no other in Victoria when it came to the real estate market. There were almost 1200 sales for the month compared to a seasonally averaged number of about 750. Prices are setting records with multiple offers in the $100,000-$300,000 range above list prices and listing inventory […]
Victoria Real Estate Market Update-March 2021
Happy St. Patrick’s Day Everyone! March 2021: The Victoria Real Estate market is showing no signs of letting up as we approach the busiest season of the year. With sales at extremely high levels and listing inventory at historic lows, the resulting record high prices appear to be with us for the foreseeable future. The […]
Victoria Real Estate Market Update – February 2021
Happy Valentines Day ! February 2021: The continued COVID restrictions in our province is wearing on us all and I wish everyone well during these times. Let’s hope things start to improve in the coming months. This weekend is a special weekend to spend time with loved ones within your bubble as we celebrate Valentine’s […]
Victoria Real Estate Market Update – January 2021
January 2021: Welcome to 2021. Let’s hope things improve with the Vaccine rollout this year so we can all start to get back to a normal life. The Victoria real estate market had a very busy year in 2020, with a grand total of 8,497 properties sold over the course of 2020, 17.1 % more […]
Victoria Real Estate Market Update- December 2020
December 2020: As we enter the Holiday season the Victoria real estate market remains strong and should continue to excel into 2021, even in the face of the pandemic. The positive news of the Vaccine comes at a time when the increased restrictions are creating challenging times for families to get together in the traditional […]