Victoria Real Estate
The Victoria Real Estate Board region in Canada saw a decrease in property sales in December 2022 compared to the previous year. A total of 320 properties were sold, a 26.9% decrease from December 2021. Sales of condominiums were down 38.2% and sales of single-family homes decreased by 24.6%. There were a total of 6,804 […]
JANUARY NEWSLETTER Happy New Year! We hope you and your family enjoyed a holiday season that brought you some joy and laughter. January is a time of new beginnings. As we begin a new year in real estate, there are a few legislative changes that may alter the way we do real estate in British Columbia. Federally, there is a two-year ban […]
The current market continues to settle after the covid years that saw an intense market. This is good news for both buyers and sellers. Inventory levels are reaching a point that most are used to so it will feel more normal. The Victoria Real Estate Board region in Canada sold 384 properties in November 2022, […]
DECEMBER NEWSLETTER Happy December! The holiday season is here, and we can’t wait to celebrate with you. We love this time of year because it’s a time for giving—both in terms of sharing our time with loved ones and giving to others who might need some extra joy. We’ve been working hard all year long, […]
October saw a slight uptick in sales and inventory but still isn’t back to pre-covid numbers just yet. There were a total of 480 properties sold in the Victoria Real Estate Board region, 35.6 percent fewer than the 745 properties sold in October 2021. This is a 17.1 percent increase from September however. Sales of […]
NOVEMBER NEWSLETTER It’s getting close to the end of the year, and you may be wondering if it’s still a good time to sell your home. We say: there can be a good strategy for selling your home in the holiday months. We did it ourselves with one of our own properties. We listed in the […]
The Summer real estate market conditions continued into September which is normally the start of a brisker Fall market. We have seen a slight decrease in sales compared to this time last year (stats below), and these lower numbers are likely in part to concern over rising interest rates and inflation. It’s important to note […]
Welcome to October! It’s officially Fall, which means that people are on the move to find their new house and property prior to the holiday season. October is a busy month, and it’s a great time of year to reflect on what we’re thankful for and to make room for new beginnings. We’re looking forward […]
August is typically one of the slower months for real estate in Victoria, and this year was no exception. After two years of market conditions that favoured home sellers, sales have diminished in the past few months, inventory levels have been slowly increasing, and prices are showing signs of stabilizing. 478 properties sold in the […]
