Posts By: Duttons Editor

Vacancy Rates in Victoria

Late last month, the Times Colonist reported that there’s “little relief in sight for renters” in Victoria. Vacancy rates in Victoria for renters have been very low, sitting at just 0.6% according to the Canadian Mortgage and Housing Corporation (CMHC). Our internal statistics at Duttons confirm these statistics. We manage more than 550 condos, houses, townhomes and our internal vacancy rate has been near 0% the last 12 months.

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Where are all the buyers from?

One of the most common questions we have been asked recently is, “where are all the buyers coming from?!” The volume of sales has dramatically increased since last year with a total of 1,286 properties sold in the Victoria Real Estate Board region this April, an increase of 53% compared to the same month last year! This spike in sales has people wondering what’s going on.

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Silver and Gold!

The 2015 Victoria Real Estate Board MLS® Awards Standings are Final. Congratulations to Ole and Christina who won Gold and Silver awards for their individual sales volumes in 2015, putting them near the top of their profession.

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Our Commitment to the FGCA

Our mandate and vision for Duttons is to support the community where we work and live. It’s important to us and we know our good work in the community is helping to make Victoria a better place for all. We are very proud to share this story below from Vanya McDonell about our contributions to

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Year In Review 2015

2015 at Duttons has been filled with exciting changes and growth! As we shift into the Holiday Season with family and friends we wanted to take a moment and reflect back on some of the highlights of our year: Continued growth in Property Management. Since we’ve moved our Property Management division in with our Sales division

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Our Developing City

While the season is changing, the housing boom continues in this great city. It was recently reported in Citified that over 1,200 high-density homes, in the form of market condos, market rentals, and affordable rental apartments, are in various stages of construction in Greater Victoria.

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In the News

We have quite the range of highs and lows in economic news of late, but the news is definitely good for the Greater Victoria real estate market. With the national economy struggling, Victoria is not only enjoying a stable real estate economy, but is flying forward with sizzling sales.

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