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Monthly Archives: June 2013

BC Housing Market Recovering From 2012 Slowdown

Written on June 14, 2013 at 6:04 pm, by

The British Columbia Real Estate Association (BCREA) reports that a total of 7,664 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during May, down 0.7 cent from May of 2012. Total sales dollar volume was 2 per cent higher at $4.1 billion. The average MLS® residential price in the province was  Continue Reading »

10 ways to turn off a would-be homebuyer

Written on June 10, 2013 at 12:14 pm, by

What a difference a couple of years makes. Back in 2007, homebuyers would be lined up to purchase your house and multiple offers were common place. Today, although we are trending towards a balanced market in Victoria, BC, buyers still have the upper hand and instead of buying, they’re waiting, convinced that housing prices will continue to drop. What’s  Continue Reading »

SECOND QUARTER STRENGTH IN GREATER VICTORIA REAL ESTATE MARKET

Written on June 3, 2013 at 11:34 pm, by

Greater Victoria real estate sales for May are identical to the same period one year ago: 659 properties sold on the MLS® System.  “We are continuing to see improved consumer confidence in the marketplace,” says Shelley Mann, President of the Victoria Real Estate Board. “Our Members are much busier with showings and writing offers, but say  Continue Reading »