Market Updates

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February 2024 Market Update for Victoria, BC: Changes to Exclusive Listings & Short-Term Rentals

We went into 2024 with some changes impacting Victoria real estate, including BC’s upcoming restrictions on short-term rentals and the Canadian Real Estate Association’s changes to the marketing...

2023 Victoria Real Estate Recap & What to Expect in 2024: Navigating the Housing Market Trends 🏠📊

A look at the Victoria Real Estate Board’s December 2023 market statistics: 6,207 properties sold in 2023, 8.77% fewer than the 6,804 sold in 2022. A return to...

Buying in Victoria, BC: Saanich Neighbourhoods Guide

**Saanich neighbourhoods video coming soon!** The District of Saanich Saanich sits below Central Saanich, moving into the ‘Core Districts’ of the Capital Region District (CRD).  Saanich is the...

Victoria, BC Market Update + Bank of Canada Interest Rate Announcement Schedule

The Victoria Real Estate Board’s November 2023 market statistics are out: Anticipated trends are evident, with the number of sales decreasing as we go into the holiday season. There...

Victoria, BC Market Update: Airbnb Restrictions in BC? + October Interest Rate Announcement

Between the Bank of Canada’s interest rate announcement and the Province of BC’s announcement on new legislation restricting short-term rentals—October sparked a lot of conversation in the Victoria,...

Victoria, BC Real Estate Market August 2023 Stats + Bank of Canada Holds at 5% Policy Rate

What’s going on in the Victoria real estate market? Are prices decreasing? How did interest rates impact market activity? Looking at the “Sales to Listings Ratio”, we are...

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