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Tag Archives: real estate

Surprising Summer Sales for Victoria and Area Real Estate

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 »

Where are buyers coming from? Not where you might think!

The Victoria Real Estate  Board recently released some interesting statistics on where buyers are coming from in our region.  I have personally seen a marked interest in both buying and selling with the Greater Victoria region in the past few weeks and months which leads me to believe that this is the start of a small, but moderate,  Continue Reading »

Strongest May for Home Sales Since 2007

Vancouver, BC – June 13, 2014.  The British Columbia Real Estate Association (BCREA) reports that a total of 8,729 residential sales were recorded by the Multiple Listing Service® (MLS®) in May, up 13.9 per cent from May 2013. Total sales dollar volume was $4.9 billion, an increase of 20.6 per cent compared to a year  Continue Reading »

Victoria Real Estate Market is on Track and Steady for Spring

The Victoria Real Estate Board today released its monthly report on real estate activity in the Victoria area for April 2014. 664 properties sold in the month of April 2014, compared to 615 in April 2013 – an increase of nearly 8% year over year. Compared to last month in March, there were 15.5% more  Continue Reading »

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

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 »

7 Signs Of An Up-And-Coming Neighborhood

Live in a town large enough for a time long enough, and you’ll undoubtedly be made privy to a story of the one that got away. The neighborhood that got away, that is – the neighborhood that all the locals saw as down for the count, pshawing away little sprouts of area upturn, until one  Continue Reading »

Real Estate Activity Continues Ahead of Spring Market

VICTORIA BC – Real estate market activity in the first two months of 2014 remained slightly ahead of the same period in 2013. Total MLS® sales in February were 412, a 4.6 per cent increase over February 2013 when 394 units sold and a 20.5 per cent increase over the 342 sales reported to the  Continue Reading »

CMHC to Increase Mortgage Insurance Premiums

OTTAWA, February 28, 2014 — Following the annual review of its insurance products and capital requirements, CMHC will increase its mortgage loan insurance premiums for homeowner and 1 – 4 unit rental properties effective May 1, 2014. The increase applies to mortgage loan insurance premiums for owner occupied, self-employed and 1-to-4 unit rental properties, including  Continue Reading »

January Real Estate Market Starts on Solid Ground

Victoria’s real estate market had a solid start in January, re-establishing momentum after the holiday season. Total MLS® sales in January were 342, a 16.3% increase over January 2013 when 294 units sold. January sales were close to the 355 sales reported to the Victoria Real Estate Board (VREB) in December 2013. 2014 VREB President,  Continue Reading »

Helpful Moving Tips For You & Your Pet

Moving to a new home can be stressful on your pets, but there are many things you can do to make the process as painless as possible Update your pet’s tag. Make sure your pet is wearing a sturdy collar with an identification tag that is labeled with your current contact information. The tag should  Continue Reading »