Tag Archives: Victoria Market
Who cares about price?
A REALTOR® once told me, “If you ever want to lose somebody at hello, just say ‘statistics.’” Maybe the same can be said for “economics” – but tuning out fundamental economic concepts like supply and demand turns a blind eye to forces that shape the price of everything. Most people pay attention to the bottom Continue Reading »
Strong Sales Activity Continues in Greater Victoria Real Estate Market
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 »
Living in Cordova Bay – Victoria’s Seaside Secret
Look who also loves living along Cordova Bay Golf Course! Mattick’s Green condominiums (in the background) were built by Jawl Development Corporation and offer 1,700 sqft of quality construction, 2 beds/2 baths, family room off kitchen and most with views of the golf course, Mt. Baker & Salish Sea. Residents also have added perks with Continue Reading »
Greater Victoria Real Estate Market Rebounds in 2nd Quarter
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
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 »
10 ways to turn off a would-be homebuyer
What a difference a couple of years makes. Back in 2007, homebuyers would be lined up to purchase your house and multiple offers were common place. Today, although we are trending towards a balanced market in Victoria, BC, buyers still have the upper hand and instead of buying, they’re waiting, convinced that housing prices will continue to drop. What’s Continue Reading »
Should I buy now or wait for prices to fall?
Even though this article focuses on the Toronto condo market, the advice and information can be used for any real estate market including Victoria’s. I’m often asked this question if it’s the right time to sell or buy and it’s always a somewhat difficult one to answer as there are so many factors and individual 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 »
OPEN HOUSE MASTERS WEEKEND – BOTH AT GOLFING COMMUNITIES!
Join Me for an entire Open House weekend at two of my amazing listings located in golfing communities at Bear Mountain and Sayward Hill near Cordova Bay Golf Course. Take a break from watching The Masters and come and explore how your new home could be just steps away from world-class golf! SATURDAY APRIL 13, Continue Reading »