Market Updates
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Mid-Year Market Update for Victoria, BC: Bank of Canada Raises
In this mid-year market update for homeowners in Victoria, BC, we delve into the recent announcement by the Bank of Canada, which marks the third interest rate increase…
Bank of Canada Interest Rate Schedule for 2023
May market stats for Victoria are out! The market is always changing but the past four months specifically have been a transitional period. Last year marked the most…
Victoria, BC Real Estate Market: April Stats + Our Monthly
The market has stabilized and the Spring market is busy. Generally, we are seeing multiple offer scenarios, with conditions, and accurately priced homes are selling quickly. Of course,…
Victoria, BC Spring Housing Market
Thinking about making a move this year? We're here to work for you. Please never hesitate to reach out: call or text 250-634-2141 or email [email protected]. Click here…
January 2023 Market Stats: Missing Middle Initiative
January 2023 Market Statistics: Properties Sold: 278 Active Listings: 1,739 Benchmark Condominium: $578,300 Benchmark Single Family Home: $1,251,100 While not reflected in the stats for January, real estate…
November 2022 Market Stats in Victoria, BC (+ Cold Plunge)
November 2022 Market Statistics: Properties Sold: 384 Active Listings: 2,111 Benchmark Condominium: $587,800 Benchmark Single Family Home: $1,307,100 It was a slow month in November. We had 41%…
October 2022 Market Stats: Another interest rate increase
October 2022 Market Statistics: Properties Sold: 480 Active Listings: 2,192 Benchmark Condominium: $602,700 Benchmark Single Family Home: $1,341,400 This was an interesting month for the Victoria Real Estate…
September 2022 Market Stats: A more balanced market
September 2022 Market Statistics: Properties Sold: 410 Active Listings: 2,300 Benchmark Condominium: $617,400 Benchmark Single Family Home: $1,364,200 We are in a more balanced market. Buyers are now…
August 2022 Market Stats: Victoria real estate market correction
August 2022 Market Statistics: Properties Sold: 478 Active Listings: 2,137 Benchmark Condominium: $621,900 Benchmark Single Family Home: $1,391,700 The 'sales to active listings' ratio is another metric that…