June 2022 Market Statistics:
Properties Sold: 612
Active Listings: 2,059
Benchmark Condominium: $643,100
Benchmark Single Family Home: $1,464,400
In June we saw another increase in active listings (2,059) from the previous month (1,776).
Coupled with interest rates, the increase in inventory is taking pressure off the market; however, conversations around the need for more housing supply remain relevant.
I’m always happy to talk about the market and answer any questions you may have.
Call or text: 250-634-2141, or email at [email protected].
Thank you for being here,
Alex Hughes* and Ricki-Lee Jewell, Victoria, BC Real Estate Agents
*Personal Real Estate Corporation