Blog

May 2025 Victoria real estate activity has slowed somewhat this spring compared to the last few years. This is most likely due to the ongoing economic uncertainty generated by the ongoing Trade war with the US, and the continued high interest rates. Prices have remained relatively unchanged over the last

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

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.

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

  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

  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

  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

  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

  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