{"id":237,"date":"2012-09-04T15:39:40","date_gmt":"2012-09-04T22:39:40","guid":{"rendered":"http:\/\/www.themastersgroup.ca\/blog\/?p=237"},"modified":"2012-09-05T15:41:43","modified_gmt":"2012-09-05T22:41:43","slug":"a-steady-flat-real-estate-market-continues-in-greater-victoria","status":"publish","type":"post","link":"https:\/\/www.ingridjarisz.com\/blog\/a-steady-flat-real-estate-market-continues-in-greater-victoria\/","title":{"rendered":"A STEADY, FLAT REAL ESTATE MARKET CONTINUES IN GREATER VICTORIA"},"content":{"rendered":"

VICTORIA, BC\u2014<\/em><\/strong> The August real estate market continues to be steady and flat, considered by the Victoria Real Estate Board to reflect the \u201cwait and see\u201d attitude its Member REALTORS\u00ae are hearing from the buying public.<\/span><\/p>\n

Total MLS\u00ae residential sales for August 2012 was 462 compared to 542 for the same period in 2011. During the month, 240 single family homes sold throughout the Victoria Real Estate Board\u2019s region, 67 fewer than the 307 sold in August 2011. The average price for single family homes sold in Greater Victoria last month was $590,843, down from August 2011\u2019s average of $652,841. The median price is down by $17,000 to $530,000. There are 5,034 active listings.<\/span><\/p>\n

\u00a0<\/span>\u201cSales are down 11.5% over August 2011\u201d says Carol Crabb, President of the Victoria Real Estate Board. \u201cWhen seasonally adjusted, there is little change from July 2012. It\u2019s a flat market which we suspect will continue for the next few months and not trending in either direction.\u201d <\/span><\/p>\n

The overall provincial outlook is strong, with employers replacing part-time positions with full-time, and ongoing low interest rates. The British Columbia Real Estate Association predicts the resulting consumer confidence will move the provincial economy from flat to strong in 2013.<\/span><\/p>\n

\u00a0<\/span>Other categories are also holding steady. Condominium and manufactured home sales are virtually unchanged over August 2011, while townhomes sales continue to be softer. <\/span><\/p>\n

\u00a0<\/span>Total Waterfront Single Family Dwellings sold: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 25, down 3 sales from 2011<\/strong><\/span><\/p>\n

Total Non-waterfront Single Family Dwellings sold:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0 215,<\/strong> down 64 sales from August 2011<\/strong><\/span><\/p>\n

Single Family Dwellings sold over $1 million:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0 10 <\/strong>(1 over $2 million)<\/span><\/p>\n

\"Tablular<\/p>\n

Total Single Family All Areas includes Shawnigan Lake\/Malahat, Gulf Islands and Up Island<\/span><\/p>\n

\"\"<\/a><\/span><\/span><\/p>\n

Summary Report and Graphs<\/p>\n

Monthly Sales Summary<\/a><\/p>\n

Average Selling Price Graphs<\/a><\/p>\n

Active Listings, New Listings and Sales Graphs<\/a><\/p>\n

Stats Quick Reference<\/strong><\/span><\/span><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

VICTORIA, BC\u2014 The August real estate market continues to be steady and flat, considered by the Victoria Real Estate Board to reflect the \u201cwait and see\u201d attitude its Member REALTORS\u00ae are hearing from the buying public. Total MLS\u00ae residential sales for August 2012 was 462 compared to 542 for the same period in 2011. During  Continue Reading »<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,5,4,34],"tags":[36,15,35,13,9,14],"_links":{"self":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/237"}],"collection":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/comments?post=237"}],"version-history":[{"count":10,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/237\/revisions"}],"predecessor-version":[{"id":246,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/237\/revisions\/246"}],"wp:attachment":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/media?parent=237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/categories?post=237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/tags?post=237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}