Victoria Real Estate Market Update-January 2022
January 2022: Hope you are all having a good start to the year. The Omicron wave has been very unsettling over the last few weeks. Let’s hope the Covid numbers have peaked and are now on there way down. The real estate market has started off with a bang! Prices are at record […]
Victoria Real Estate Market Update-December 2021
December 2021: As we approach the holiday season I wanted to Thank you all for an amazing 2021 and wish you and your families health and happiness through the holidays and into the New Year. I hope that 2022 brings better news for the pandemic, and we can start to get back to some […]
Victoria Real Estate Market Update-November 2021
November 2021: The Greater Victoria real estate market is experiencing unprecedented times due mainly to the lack of listing inventory which is putting a significant strain on the housing market. With so few homes available, sales have decreased while prices are still heading in an upward direction, creating a frustrating environment for buyers […]
Victoria Real Estate Market Update-October 2021
October 2021: Hope everyone had a great Thanksgiving weekend. Next up is Halloween. Can’t wait to see our 4 year old granddaughter who is making the trip from Vancouver to spend Halloween with us. The Victoria real estate market has slowed somewhat over the last two months. Primarily due to the lack of available housing […]
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 […]
