Tag Archives: real estate

Last month 370 single family homes sold throughout the Victoria Real Estate Board’s region, whereas 348 sold in June 2011. The average price for single family homes sold in Greater Victoria last month was $580,557, a decrease from June 2011’s average of $618,429.It’s been a typical spring market in Greater Victoria real estate with good  Continue Reading »

Recently the Minister of Finance announced changes to the standards governing government-backed insured mortgages: the maximum amortization period was reduced from 30 years to 25years; the maximum amount Canadians can withdraw in refinancing their mortgages was lowered to 80 per cent from 85 per cent of the value of their homes; the maximum gross debt  Continue Reading »

Consumers are showing confidence in the Greater Victoria real estate market, evidenced by a spike of 71 residential sales in May 2012 over the previous month. “During the last two or three months, we’ve seen many potential buyers out looking,” says Carol Crabb, President of the Victoria Real Estate Board. “During May, they made their  Continue Reading »

VICTORIA, BC – Pricing and sales numbers for most categories are essentially the same as in March 2012, spelling out a balanced real estate market for Greater Victoria. “That’s good news for both buyers and sellers,” says Carol Crabb, President of the Victoria Real Estate Board. “The one category with increased sales is condominiums with  Continue Reading »

Welcome to the award-winning Selkirk Waterfront Community. Located near Downtown Victoria, British Columbia along the beautiful coastal waters of the Upper Harbour, the Selkirk Waterfront Community offers you the best of all worlds. It is here where you’ll discover how the convenience of city living, natural beauty, and thoughtful planning combine to bring you the  Continue Reading »

Here on the southern tip of Vancouver Island, Victorians enjoy a beautiful city, a magnificent setting and a climate that is the envy of the rest of Canada. It’s not surprising that so many people have come here to settle and make Victoria their home and those who discover the natural beauty and unique setting  Continue Reading »

VICTORIA, BC-The story continues from last month when the Victoria Real Estate Board reported a relatively stable market when compared to the same time in 2011, but REALTORS® report they are optimistic that new provincial HST transition rules and a New Home First-time Buyers Bonus will stimulate sales of new properties. February’s sale volume was  Continue Reading »