{"id":458,"date":"2013-03-15T13:54:46","date_gmt":"2013-03-15T20:54:46","guid":{"rendered":"http:\/\/www.ingridjarisz.com\/blog\/?p=458"},"modified":"2013-03-15T13:54:46","modified_gmt":"2013-03-15T20:54:46","slug":"victorias-feb-2013-average-house-price-of-463265-is-virtually-unchanged-from-feb-2012","status":"publish","type":"post","link":"https:\/\/www.ingridjarisz.com\/blog\/victorias-feb-2013-average-house-price-of-463265-is-virtually-unchanged-from-feb-2012\/","title":{"rendered":"Victoria’s Feb 2013 Average House Price of $463,265 Is Virtually Unchanged From Feb 2012"},"content":{"rendered":"
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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 though sales volume has declined 20%. We are currently at 8 months supply with inventory.\u00a0 “Despite improved affordability, many potential buyers and sellers remain in a holding pattern. With pent up demand now becoming latent in the market, it\u2019s not a matter of if, but when home sales rise above their current pace”.<\/p>\n

Shelly Mann, the President of the Victoria Real Estate Board <\/a>says that there is nothing to be alarmed about for Victoria homeowners. “We expect prices to remain flat this year, we said that all along, it’s a transitional year for us.\u00a0 They may even dip slightly, and we anticipate probably a 2% increase in value for the next two to three years.\u00a0 So the usual growth, statiscally, is about 3.5%, and we’re not really that far off.\u00a0 Especially after a period of such high gross.”<\/p>\n

For the past 10 years Canadian home prices had seen a 7 percent annual price gain, a figure that is unlikely to be seen again for some time.<\/p>\n

Cameron Muir, Economist, with BC Real Estate Association – Video Blog Here:\u00a0\u00a0 Housing Market Update (March 2013)<\/a><\/p>\n

February 2013 Residential Average Price – Data by Real Estate Board Region<\/a><\/p>\n

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

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 »<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,33,5,4,34],"tags":[37,38,36,15,35,13,9,14],"_links":{"self":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/458"}],"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=458"}],"version-history":[{"count":26,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/458\/revisions"}],"predecessor-version":[{"id":485,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/458\/revisions\/485"}],"wp:attachment":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/media?parent=458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/categories?post=458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/tags?post=458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}