The 2022 Victoria Real Estate Market Year in Review January 3, 2023  A total of 320 properties sold in the Victoria Real Estate Board region this December, 26.9 per cent fewer than the 438 properties sold in December 2021 and a 16.7 per cent decrease from November 2022. Sales of condominiums were down 38.2 per…

Victoria Real Estate Board Market Report for November 2022 December 1, 2022  A total of 384 properties sold in the Victoria Real Estate Board region this November, 41.2 per cent fewer than the 653 properties sold in November 2021 and 20 per cent fewer than in October 2022. Sales of condominiums were down 42.4 per…

2023 Canadian Housing Market Outlook RE/MAX experts give an overview of the national housing market and their insights into 2023 National Market Trends A look back at real estate activity in 2022 and what to expect in the year ahead. NATIONAL AVERAGE PRICE EXPECTED TO DECREASE 3.3% 55% OF REGIONS LIKELY TO SHIFT TO BALANCED…

A slight uptick in sales and inventory, but Victoria market still requires commitment to homes A total of 480 properties sold in the Victoria Real Estate Board region this October, 35.6 per cent fewer than the 745 properties sold in October 2021 but a 17.1 per cent increase from September 2022. Sales of condominiums were…

Victoria’s summer real estate market conditions push into September A total of 410 properties sold in the Victoria Real Estate Board region this September, 46.1 per cent fewer than the 761 properties sold in September 2021 and a 14.2 per cent decrease from August 2022. Sales of condominiums were down 58.8 per cent from September…

The three sectors of the Residential housing market, Condominiums, Townhouses and Single Family are all headed to a more balanced market situation based on the months of inventory measurement. Single family values based on average selling prices comparing August 2021 to August 2022 have declined approximately 3%. As stated last month if you compare average…

Shift in Victoria Real Estate market brings more time for buyers and sellers A total of 510 properties sold in the Victoria Real Estate Board region this July, 38.9 per cent fewer than the 835 properties sold in July 2021 and a 16.7 per cent decrease from June 2022. Sales of condominiums were down 39.4…

Victoria’s hot housing market levels off, supply still important for long-term attainability A total of 612 properties sold in the Victoria Real Estate Board region this June, 35 per cent fewer than the 942 properties sold in June 2021 and a 19.6 per cent decrease from May 2022. Sales of condominiums were down 40.2 per…

May 2022 Victoria Market Stats A total of 761 properties sold in the Victoria Real Estate Board region this May, 27.5 per cent fewer than the 1,049 properties sold in May 2021 and a 7.6 per cent decrease from April 2022. Sales of condominiums were down 23.1 per cent from May 2021 with 250 units…

An industry that is millions of real estate agents strong comes with its own set of compliments and complaints! In fact, as of October 2020, there were 1,451,031 members of the National Association of Realtors. Buying or selling a home is the biggest financial transaction that you’ll have in your life, so of course, who you work…

Sometimes, you have to get a little creative to stand out in this busy market. Over the past year, the real estate market has been so hot that it’s not unusual for homes to go off-market in days. (The lack of inventory is to blame.) When even homes that need serious work are breaking price…

Home design has become the trend to watch as life at home became so in-focus last year. Each year new design trends find their way into magazines, TV shows, home decor stores, and lastly, homes, and 2021 is certainly no different. From multi-functional workspaces to design that has the simple charms of old school nostalgia…

If last year has taught us anything, it is to appreciate all the little moments and to hold your loved ones a little tighter when you can. That’s why we want to encourage you to celebrate Valentine’s day, even if it feels a little different this year. Love can manifest itself in many different ways,…