Market News
Flat Market in April 2012 Maintains Balanced Real Estate in Greater Victoria
May 1, 2012 VICTORIA, BC – Pricing and sales numbers for most categories are essentially the same as in March 2012, spelling out a balanced real estate market for Greater Victoria. “That’s good news for both buyers and sellers,” says Carol Crabb, President of the Victoria Real Estate Board. “The one category with increased sales [...]
Read this Article...Single Family Housing Leads March 2012 Housing Market in Victoria
April 3, 2012 VICTORIA, BC – Single family homes sales have risen 17% since last month, while the six-month average price is up 1% to $599,551. The average price of a Greater Victoria single family home in March 2012 is $640,553 up from $579,985, but is affected by the sale of two homes over $4 [...]
Read this Article...February 2012 Victoria Real Estate Market Reflects Consumer Confidence
March 1, 2012 VICTORIA, BC-The story continues from last month when the Victoria Real Estate Board reported a relatively stable market when compared to the same time in 2011, but REALTORS® report they are optimistic that new provincial HST transition rules and a New Home First-time Buyers Bonus will stimulate sales of new properties. February’s [...]
Read this Article...January 2012 Shows Increased Activity in Victoria Real Estate Market
February 1, 2012 VICTORIA, BC-While the average price for a single family home in Greater Victoria softened slightly (3.62%) in January 2012 when compared to January 2011, sales over the same period have increased by 9.4%. “These numbers definitely match what we have been hearing from our Members,” says Carol Crabb, President of the Victoria [...]
Read this Article...Last Half of 2011 Sees Stabilized Real Estate Market
January 3, 2012 While the real estate market started out sluggish in 2011, by mid-summer unit sales had stabilized. In December, annual sales for single family homes, townhomes and manufactured homes had increased, while condominium sales decreased by 15% compared to December 2010. “This may be the result of an increased number of lower priced [...]
Read this Article...Real Estate Sales Steady in May
June 1, 2011 The number of property sales throughout Greater Victoria in May showed little change compared to April while overall prices showed some softening. A total of 572 homes and other properties sold in May through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), virtually unchanged from the 574 sales in April. There [...]
Read this Article...Real Estate Sales Increase in February
March 1, 2011 The number of property sales throughout Greater Victoria rose in February. Prices remained mixed while the number of properties available for sale also rose. A total of 488 homes and other properties sold in February through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), up from the 339 sales in January. [...]
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