Category Archives: MLS Sales Stats
Strong October Kicks off Fourth Quarter Real Estate Sales in Greater Victoria
Written on November 2, 2013 at 9:15 pm, by Ingrid Jarisz
Greater Victoria continued to experience strong home sales during the month of October, reports the Victoria Real Estate Board (VREB). According to the Board’s MLS® System, 512 properties sold compared to 373 in October 2012, an increase of 37.27 per cent. There were 4,322 active listings. “While we are all very pleased with the October Continue Reading »
Property sales and price forecasts for 2013 and 2014 in Canada updated
Written on October 9, 2013 at 2:48 pm, by Ingrid Jarisz
National residential property sales in Canada have improved more quickly than anticipated and as a result the Canadian Real Estate Association has updated its forecasts for 2013. Sales are forecast to reach 449,900 units in 2013 and the national average home price is projected to rise by 3.6% to $376,300 in 2013. The sales forecast Continue Reading »
Home Sales Bolstered by Proper Pricing in Greater Victoria
Written on October 1, 2013 at 3:47 pm, by Ingrid Jarisz
VICTORIA, BC–Finishing up the strongest third quarter since 2009, the Victoria Real Estate Board reports that properly priced homes are selling which, along with reduced inventory levels, contributed to favourable market conditions. Q3 sales totalled 1,610, a year-over-year increase of nearly 15 per cent. On a monthly scale, total real estate sales in Greater Victoria Continue Reading »
Strongest Summer in Five Years for Victoria Real Estate Sales
Written on September 3, 2013 at 3:06 pm, by Ingrid Jarisz
Summer-time real estate sales numbers were the best they’ve been in Greater Victoria in five years. There was a total of 1,787 sales in June, July and August. On a monthly scale, total real estate sales in Greater Victoria were up 16.8 per cent in August 2013 over August 2012, the Victoria Real Estate Board Continue Reading »
Who cares about price?
Written on August 14, 2013 at 12:51 pm, by Ingrid Jarisz
A REALTOR® once told me, “If you ever want to lose somebody at hello, just say ‘statistics.’” Maybe the same can be said for “economics” – but tuning out fundamental economic concepts like supply and demand turns a blind eye to forces that shape the price of everything. Most people pay attention to the bottom Continue Reading »
Strong Sales Activity Continues in Greater Victoria Real Estate Market
Written on August 1, 2013 at 7:52 pm, by Ingrid Jarisz
August 1, 2013 – Total real estate sales in Greater Victoria were up 11.5% in July 2013 over July 2012, the Victoria Real Estate Board reports.”Sales numbers are slightly lower than in June, but that’s part of our normal summer market cycle. When seasonally adjusted, our market activity remains strong for this time of year,” Continue Reading »
Greater Victoria Real Estate Market Rebounds in 2nd Quarter
Written on July 2, 2013 at 5:57 pm, by Ingrid Jarisz
VICTORIA BC – For the third consecutive month, the Victoria Real Estate Board reports sales through the MLS® System remained strong with 65% more activity in the current quarter than in the first quarter of 2013. “With 664 sales this month, and 1,938 sales this quarter, the market is definitely rebounding,” says President Shelley Mann. “We Continue Reading »
BC Housing Market Recovering From 2012 Slowdown
Written on June 14, 2013 at 6:04 pm, by Ingrid Jarisz
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 »
Housing Market Conditions Improve on the South Coast
Written on May 15, 2013 at 2:56 pm, by Ingrid Jarisz
The British Columbia Real Estate Association (BCREA) reports that a total of 6,904 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during April, up 1.9 per cent from March on a seasonally adjusted basis, but down 2.2 per cent compared to April 2012. Total sales dollar volume declined 3 per cent Continue Reading »
Greater Victoria Residential Real Estate Transitions to a Balanced Market
Written on May 1, 2013 at 3:41 pm, by Ingrid Jarisz
VICTORIA BC – Weighing in on the best April since 2010, Shelley Mann, President of the Victoria Real Estate Board, is cautiously optimistic that the Greater Victoria is back into a balanced market. “Consumer confidence is increasing,” Mann says. “Our total number of sales for April is 615, a 5% increase compared to April 2012 Continue Reading »
