Victoria Real Estate
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 back September! Summer might be coming to an end, but this is one of the best times of the year. The weather is still fantastic and the leaves start to change, bringing new colours for us to enjoy in our beautiful city! As the weather shifts, so does the real estate market, which means […]
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 […]
Summer is moving fast, and thankfully we are seeing some warmer temperatures! As we step into August, there are still several weeks to enjoy beautiful local beaches, summer BBQ’s, and the company of your friends and family. Check out the article below on how to create a low-maintenance garden at home while you are out and […]
In the Victoria Real Estate Board region, 38.9 per cent fewer properties sold this July. A total of 510 properties sold this July compared to 835 properties sold in July 2021. This accounts for a 16.7% decrease. Sales of single-family homes decreased 35.9 per cent from July 2021 with 254 sold. We continue to see […]
Wishing you all a Happy July! The busiest season is upon us…summer! Inventory appears to be on an—albeit— slow, but steady increase. This is great news for Buyers, but also for Sellers as sales remain steady as well. If you or someone you know is looking to move, please do not hesitate to connect. Also, […]
Last June, there were 942 properties sold. This June was down 35% with 612 properties sold in the Victoria region. This decline is not a bad thing. The market is starting to return to a more normal level than we are used to in the region. More inventory is making its way to the market […]
Have you been wondering what is happening with the market right now? You may have seen some news articles floating around about shifts in the market. Well here is what that all means: This May saw fewer properties sell than May of 2021. 27.5% fewer to be exact and that’s still down from April of […]
July 2, 2020 Victoria real estate market impacted by many different factors in June A total of 808 properties sold in the Victoria Real Estate Board region this June, 9.2 per cent more than the 740properties sold in June 2019 and 76.8 per cent more than the previous month of May 2020. Sales ofcondominiums were […]
