Market Updates

Feb. 4, 2023

Victoria Market Statistics Update, Sell Your Home Faster, High Borrowing Costs, Pitfalls of New Builds, Kitchen Renos, Limited Supply & More

A slow start to the year may not foretell the future for the Victoria housing market

February 1, 2023  A total of 278 properties sold in the Victoria Real Estate Board region this January, 41.4 per cent fewer than the 474 properties sold in January 2022 and a 13 ...

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Jan. 4, 2023

Happy New Year! What to expect from inflation, interest rates and the housing market in 2023. Does your Home Still Match your Lifestyle? Synthetic and Composite Countertops & More

The 2022 Victoria Real Estate Market Year in Review

January 3, 2023  A total of 320 properties sold in the Victoria Real Estate Board region this December, 26.9 per cent fewer than the 438 properties sold in December 2021 and a 16.7 per cent decrease from November ...

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Dec. 17, 2022

Helping Homeowners and Buyers Navigate New Federal Tax Changes, What Consumers Need to Know Video, Re-energize, Showcase and Leverage.

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5 Ways to Re-Energize in Just 5 Minutes

December tends to be a busy month for most people. It’s all-too-easy to feel drained and even burned-out. Unfortunately, you may not have the luxury of time to relax with a good book or go to ...
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Dec. 2, 2022

BC Government Removes Age and Rental Restrictions to Strata Title Properties, Balanced Market and Listings, Sales and Avg. Prices are down

A total of 384 properties sold in the Victoria Real Estate Board region this November, 41.2 per cent fewer than the 653 properties sold in November 2021 and 20 per cent fewer than in October 2022. Sales of condominiums were down 42.4 per cent from November 2021 with ...

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Nov. 2, 2022

Victoria Real Estate Market update, Ban on Foreign Investment, Secrets for Selling your Home, Ban on Off-Market Listings

Victoria Real Estate Board Market Update
 

A slight uptick in sales and inventory, but Victoria market still requires commitment to homes

November 1, 2022  A total of 480 properties sold in the Victoria Real Estate Board region this October, 35.6 per cent fewer than the 745 properties sold in October 2021 but a ...
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Oct. 27, 2022

Closing Day, Renos Yay or Nay? Interest Rate Rise & More...

Should You Buy a Home that Needs Work?

Imagine you find a home on the market that checks all the boxes. There’s only one issue. It needs work. Perhaps the paint has faded, or the kitchen is old, or there are repairs needed.

Should you make an offer on that ...

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Oct. 3, 2022

Victoria's summer real estate market conditions push into September

Victoria Real Estate Board MLS® Statistics

Victoria's summer real estate market conditions push into September

October 3, 2022  A total of 410 properties sold in the Victoria Real Estate Board region this September, 46.1 per cent fewer than the 761 properties sold in September 2021 and a ...
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Sept. 30, 2022

National Day for Truth and Reconciliation

National Day for Truth and Reconciliation
Each year, September 30 marks the National Day for Truth and Reconciliation.

The day honours the children who never returned home and Survivors of residential schools, as well as their families and communities. Public commemoration of the tragic and painful history and ongoing impacts ...
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Sept. 19, 2022

This week in the real estate news, Older Homes & More!

WHAT TO WATCH FOR WHEN VIEWING OLDER HOMES

Buying an older property definitely has its advantages. The neighbourhood will already be well-established, so you’ll be able to get a sense of the community. The trees will be grown. The area will have a defined character. This combination of an older ...

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Sept. 2, 2022

Less Pressure on Buyers in August in the Victoria Real Estate Market

 
VICTORIA REAL ESTATE BOARD MLS® STATISTICS

Less pressure on buyers in August in the Victoria real estate market

September 1, 2022  A total of 478 properties sold in the Victoria Real Estate Board region this August, 42.5 per cent fewer than the 831 properties sold in ...
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