Tag Archives: BC Real Estate Association
Victoria Real Estate Market Changes Tempo for Autumn
A total of 640 properties sold in the Victoria Real Estate Board region this September, 18.1 per cent fewer than the 781 properties sold in September last year. “We can certainly feel the difference in the current market when we compare to last year’s record breaking numbers. Last year the pace of the market was Continue Reading »
Victoria Real Estate Market Statistics for August 2017
A total of 736 properties sold in the Victoria Real Estate Board region this August, 16.6 per cent fewer than the 883 properties sold in August last year. “I admit to being a little surprised by the August numbers,” notes Victoria Real Estate Board President Ara Balabanian. “I expected inventory numbers to be climbing by Continue Reading »
Victoria Real Estate Market Continues Trend of Low Inventory, High Demand
April 2, 2017 – A total of 929 properties sold in the Victoria Real Estate Board region this March, 17.1 per cent fewer than the 1,121 properties sold in March last year. “We predicted early in the year that we wouldn’t see a continuation of the record sales numbers that we saw in 2016,” says Continue Reading »
Competitive Housing Market in Victoria Continues as Inventory Remains Low
A total of 735 properties sold in the Victoria Real Estate Board region this October, a single property more than the 734 properties sold in October last year. Inventory levels remain lower than last year, with 1,938 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of October Continue Reading »
Victoria Property Sales Continue Record Breaking Pace
A total of 883 properties sold in the Victoria Real Estate Board region this August, an increase of 19.2 per cent compared to the 741 properties sold in August last year. “August is a record breaker in more than one way. For the sixth consecutive month, we have a sales record with more sales than Continue Reading »
Victoria Real Estate Market Still Strong and Steady
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
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 »
Spring sales start early in the Victoria BC real estate market
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 »
Should I Buy a House Now or Wait?
In the market for a new home this year? Then you must be quaking in your snow boots after the news agencies reported the recent catastrophic predictions of Duetsche Bank. According to the international Bank’s chief international economist, Torsten Slok, Canadian homes are 63% overvalued—the single largest prediction of doom for this country’s housing market. Continue Reading »
Strong Victoria real estate market again in October
November 3, 2014, Victoria BC – The Victoria Real Estate Board today released its report on real estate activity in the Victoria area for October 2014. 602 properties sold in the Victoria region this October, an increase of 17.6% when compared to the 512 properties sold in the same month last year. “Here Continue Reading »