Tag Archives: Sales Stats
BC Housing Market Recovering From 2012 Slowdown
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
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
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 »
5 Mobile Apps to Make Homebuying Easier
There is now a mobile app for just about anything. The 5 iPhone and iPad apps below will help make the home buying process a little bit easier. From mortgage calculations to moving organization. There’s an app for that! Zoocasa Real Estate Search Searching for real estate in Canada just got easier! Take advantage of Zoocasa’s powerful Continue Reading »
Market Activity Follows Traditional Real Estate Cycle in Greater Victoria
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
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 »
Spring Perks Up Greater Victoria Real Estate Market
VICTORIA BC – The Victoria Real Estate Board reports a total of 394 sales were processed through the Multiple Listing Service (MLS®) in February, an increase of 34% over the previous month. The highest activity was in single-family homes and condominiums. Compared to February 2012, sales were down by 18.26%. Shelley Mann, President of the Continue Reading »
Sales Down but Prices Hold in Greater Victoria Real Estate Market
VICTORIA BC – A slow start to the year in Victoria’s real estate market is evidence that buyers are continuing to wait for prices to drop. Although January 2013 sales are 27% lower than January 2012, the six-month average price for a Greater Victoria home is only down 1% for the same period. “We are Continue Reading »
2012 Ends on a Steady Note for Victoria Real Estate Market
VICTORIA BC – Victoria’s real estate market ended 2012 with relatively flat pricing when compared to 2011, along with similar sales numbers for the third consecutive year. Total MLS® sales in December 2012 were 283, a 17% decrease over December 2011 when 339 units sold. A different picture is told, however, when comparing full years, Continue Reading »
Victoria Real Estate Sales Slow but Steady in Buyers’ Market
VICTORIA BC – While the number of single-family home sales has held relatively steady over the last three months, Greater Victoria REALTORS® are noting a year-over-year decrease that coincided with tighter mortgage regulations imposed in July of this year. Amortization periods were reduced to 25 years for high-ratio buyers – those with less than 20% Continue Reading »
