Monthly Archives: September 2016

Supporting the Cridge Centre for the Family

Some of you may remember Colin Moorman, a dear friend of ours, a retired Duttons REALTOR®, and former Executive Director of the Cridge Centre for the Family. Colin approached us recently asking for support of his team’s participation in Ride for Refuge, generously hosted and operated by the Cridge Centre for the Family in support of charities benefiting the displaced, vulnerable and exploited.

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Taxes, utilities to push Victoria rents to 3.7% higher in 2017

British Columbia’s maximum residential rental rate increase will jump to 3.7% next year, a 28% surge over 2016’s 2.9% limit. The rate is set each fall by the province and is tied to the Consumer Price Index plus a 2% base allotment. Between 2014 and 2016 increases were capped below 3% while 2004, 2006, 2007 and 2012 saw rates at or above 4%.

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Victoria Property Sales Continue Record Breaking Pace

A total of 883 properties sold in the Victoria Real Estate Board region this August, an increase of 19.2 per cent compared to the 741 properties sold in August last year. “August is a record breaker in more than one way. For the sixth consecutive month, we have a sales record with more sales than any other month of August on record,” says Mike Nugent, 2016 President of the Board. “We also have the lowest number of listings available for sale…

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