Category Archives: Real Estate
Victoria Real Estate Market Continues to Stabilize
Written on October 1, 2018 at 6:01 pm, by Ingrid Jarisz
A total of 533 properties sold in the Victoria Real Estate Board region this September, 16.7 per cent fewer than the 640 properties sold in September of last year, and a 10.3 per cent decrease from August 2018. Sales of condominiums were down 30.4 per cent from last year in September with 149 units sold. Continue Reading »
Victoria’s Real Estate Market Simmers at the End of Summer
Written on September 4, 2018 at 3:43 pm, by Ingrid Jarisz
A total of 594 properties sold in the Victoria Real Estate Board region this August, 19.3 per cent fewer than the 736 properties sold in August of last year, and an 8.8 per cent decrease from July 2018. Sales of condominiums were down 5.3 per cent from last year in August with 195 units sold. Continue Reading »
A Return to Balance for BC Housing Market
Written on July 13, 2018 at 2:17 pm, by Ingrid Jarisz
Vancouver, BC – July 13, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 7,884 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in June, a 32.5 per cent decrease from the same month last year. The average MLS® residential price in BC was Continue Reading »
Continued uncertainty brings predictable results for the Victoria real estate market
Written on July 3, 2018 at 8:53 pm, by Ingrid Jarisz
A total of 708 properties sold in the Victoria Real Estate Board region this June, 29.8 per cent fewer than the 1,008 properties sold in June of last year, and a 6.2 per cent decrease from May 2018. The sales of condominiums were down 25.1 per cent from last year in June with 230 units Continue Reading »
Price Pressure Continues on Lower-Priced Housing in the Capital Regional District
Written on June 1, 2018 at 5:38 pm, by Ingrid Jarisz
A total of 755 properties sold in the Victoria Real Estate Board region this May, 25 per cent fewer than the 1,006 properties sold in May of last year, and a 2.5 per cent decrease from April 2018. The sales of condominiums were down 17.4 per cent from last year in May with 237 units Continue Reading »
Outside Influences Impact Spring Real Estate Market in Victoria
Written on April 3, 2018 at 1:27 pm, by Ingrid Jarisz
A total of 688 properties sold in the Victoria Real Estate Board region this March, 25.9 per cent fewer than the 929 properties sold in March last year, but a 26.2 per cent increase from the month previous. The sales of condominiums were down 28.2 per cent from last year in March with 211 units Continue Reading »
BC’s new real-estate taxes: what you need to know
Written on February 26, 2018 at 6:50 pm, by Ingrid Jarisz
MIKE KOZAKOWSKI, CITIFIED.CA Published February 26, 2018 The provincial government has introduced new tax legislation as part of its BC Budget for 2018 that it hopes will cool British Columbia’s rapidly escalating housing prices. Here’s what you need to know if you’re a homeowner in the Capital Region or are planning to purchase property in Continue Reading »
Victoria Real Estate market begins the new year with low inventory and high demand
Written on February 1, 2018 at 10:42 pm, by Ingrid Jarisz
A total of 431 properties sold in the Victoria Real Estate Board region this January, 9.8 per cent fewer than the 478 properties sold in January last year. The sales of condominiums were down 30.6 per cent from last year in January – with 118 sold. Single family homes were 4 per cent Continue Reading »
Victoria Real Estate Market Strong to the End of 2017
Written on January 2, 2018 at 3:00 pm, by Ingrid Jarisz
A total of 462 properties sold in the Victoria Real Estate Board region this December, 1.9 per cent fewer than the 471 properties sold in December last year. A grand total of 8,944 properties sold over the course of 2017, 15.8 percent fewer than the record breaking 10,622 that sold in 2016. 2017 sales came Continue Reading »
Victoria Real Estate Market Experiences a Burst of Activity
Written on December 1, 2017 at 12:35 pm, by Ingrid Jarisz
A total of 671 properties sold in the Victoria Real Estate Board region this November, 12 per cent more than the 599 properties sold in November last year. “We suggested last month that some buyers may accelerate their purchase timeline to buy a new home in anticipation of the mortgage stress test on uninsured buyers Continue Reading »