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, upward trend with the predictions of more out of town buyers coming and choosing Victoria as their new home. I don’t believe we have seen this wave coming in yet, as it’s still off in the distance, but feel this is going to have a big tidal shift on these stats going forward!
Buyers’ Origins (All Buyers): January 1, 2013 – December 31, 2013
Buyer already living in Greater Victoria = 74.92%
Total BC buyers 88.69%
Buyer from Alberta = 5.17%
Buyer from Saskatchewan = 0.7%
Buyer from Manitoba = 0.39%
Buyer from Atlantic Canada = 0.46%
Buyer from Northern Canada = 0.2%
Total Canadian buyers 98.36%
Buyer from USA = 0.82%
Buyer from Europe = 0.32%
Buyer from Asia = 0.38%
Other = 0.12%
Total out of Canada buyers 1.64%
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