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Category Archives: Living in Cordova Bay

An Early Spring for the Victoria Real Estate Market?

Written on February 1, 2016 at 11:53 am, by

The Victoria Real Estate Board today released its report on Multiple Listing Service® real estate activity in the Victoria area for the month of January 2016. 2016 started with the busiest month of sales in January since 2002. A total of 539 properties sold in the Victoria Real Estate Board region this January, an increase  Continue Reading »

Strong Victoria Real Estate Market Continues

Written on November 2, 2015 at 3:18 pm, by

November 2, 2015, Victoria BC – The Victoria Real Estate Board today released its report on real estate activity for October 2015. A total of 734 properties sold in the Victoria Real Estate Board region this October, an increase of 21.9% compared to the 602 properties sold in the same month last year. There were  Continue Reading »

Victoria Real Estate Market Still Strong and Steady

Written on June 1, 2015 at 5:39 pm, by

The Victoria Real Estate Board today released its report on real estate activity in the Victoria area for May 2015. A total of 905 properties sold in the Victoria Real Estate Board region this May, a 26.8% increase compared to the 714 properties sold in the same month last year. “May was another great month  Continue Reading »

Victoria Real Estate Market Activity Continues to Exceed Expectations

Written on May 4, 2015 at 12:00 pm, by

The Victoria Real Estate Board today released its report on real estate activity in the Victoria area for April 2015. A total of 840 properties sold in the Victoria region this April, a 26.5% increase compared to the 664 properties sold in the same month last year. “We’ve seen modest sales increases in the area  Continue Reading »

Another Busy Month for the Victoria Real Estate Market

Written on April 1, 2015 at 8:45 pm, by

The Victoria Real Estate Board today released its report on real estate activity in the Victoria area for March 2015. A total of 734 properties sold in the Victoria region this March, a 27.7% increase compared to the 575 properties sold in the same month last year. “We saw 393 single family homes in the region  Continue Reading »

Spring sales start early in the Victoria BC real estate market

Written on March 2, 2015 at 11:09 pm, by

The Victoria Real Estate Board today released its report on real estate activity in the Victoria area for February 2015. 542 properties sold in the Victoria region this February, a 31.6% increase compared to the 412 properties sold in the same month last year and a 54.4% increase compared to the 351 properties sold last  Continue Reading »

Winners and losers in Canada’s housing market

Written on August 16, 2014 at 12:00 pm, by

Canada Mortgage and Housing Corp. released a new forecast this week that was more bullish about Canadian prices, sales and construction than its prior forecast in May. But the national figures meld together very different markets from coast to coast. Here’s a regional breakdown of what CMHC is expecting. BRITISH COLUMBIA Overview: -Housing starts are  Continue Reading »

Surprising Summer Sales for Victoria and Area Real Estate

Written on August 1, 2014 at 2:04 pm, by

The Victoria Real Estate Board today released its monthly report on real estate activity in the Victoria area for July 2014. 681 properties sold in the region in the month of July 2014, compared to 583 last year in July – an increase of nearly 17%. June 2014 saw 680 sales. When compared with year-to-date  Continue Reading »

Spring Sales Continue to Rise in the Victoria Market

Written on June 2, 2014 at 10:31 am, by

The Victoria Real Estate Board today released its monthly report on real estate activity in the Victoria area for May 2014. 714 properties sold in the region in the month of May 2014 compared to 659 in May 2013 – an increase of over 8% year over year. Compared to last month in April, there  Continue Reading »

No bubble trouble: Genworth’s predictions for the Canadian condo market

Written on April 8, 2014 at 12:02 pm, by

Victoria Declining economic output and employment rates curbed growth in 2013, limiting demand for condos. Though with an improving economy, modest improvement is expected for 2014, lifting sales by about 2 per cent. Active condo listings dropped 9.5 per cent in 2013 and the report suggests a further 15 per cent drop is on the  Continue Reading »