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Category Archives: Victoria Real Estate Board

Strong October Kicks off Fourth Quarter Real Estate Sales in Greater Victoria

Written on November 2, 2013 at 9:15 pm, by

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 »

Home Sales Bolstered by Proper Pricing in Greater Victoria

Written on October 1, 2013 at 3:47 pm, by

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

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 »

Strong Sales Activity Continues in Greater Victoria Real Estate Market

Written on August 1, 2013 at 7:52 pm, by

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

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

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

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

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 »

Market Activity Follows Traditional Real Estate Cycle in Greater Victoria

Written on April 2, 2013 at 2:47 pm, by

Greater Victoria’s real estate market is following tradition with a spring upswing in activities with month-over-month increases in showings, new listings and total sales. The Victoria Real Estate Board reports a total of 483 sales processed through the Multiple Listing Service (MLS®) in March 2013, an increase of 23% over the previous month. Sales figures  Continue Reading »

Victoria’s Feb 2013 Average House Price of $463,265 Is Virtually Unchanged From Feb 2012

Written on March 15, 2013 at 1:54 pm, by

BC Real Estate Association reports that February BC home sales continued at modest pace & pent-up demand is growing. Victoria’s February 2013 Average House Price of $463,265 is virtually unchanged from 2012’s average of $464,570 (down only -0.3%) and our listing volume has only increased 4% over February 2012 to 3,252 overall residential listings, even  Continue Reading »