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June 2022 Market Stats: Will the homebuyer protection period still come into effect?

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

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