Victoria Real Estate Market Begins The New Year With Low Inventory And High Demand

Victoria Real Estate Market begins the new year with low inventory and high demand. There were a total of 1,491 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2018, an increase of 7.7 per cent compared to the month of December and 1.6 per cent fewer than the 1,516 active listings for sale at the end of January 2017.

Read More


Victoria Real Estate Market Strong to the End of 2017

A total of 462 properties sold in the Victoria Real Estate Board region this December, 1.9 per cent fewer than the 471 properties sold in December last year. A grand total of 8,944 properties sold over the course of 2017, 15.8 percent fewer than the record breaking 10,622 that sold in 2016. 2017 sales came in at 21.7 per cent over the ten year average of 7,349 properties sold.

Read More

Victoria Real Estate Market Experiences a Burst of Activity

A total of 671 properties sold in the Victoria Real Estate Board region this November, 12 per cent more than the 599 properties sold in November last year. “We suggested last month that some buyers may accelerate their purchase timeline to buy a new home in anticipation of the mortgage stress test on uninsured buyers – those with a down payment of 20 per cent or more – that will come into effect on January 1,”

Read More


Victoria Real Estate Market Slowly Stabilizing after a Record Breaking 2016

As expected, we saw fewer sales than this time last year,” notes Victoria Real Estate Board President Ara Balabanian. “Looking at the longer term picture however, sales last month were 17.1 per cent above the ten year average of 567 properties for the month of October, so the market is still very active here in Victoria, and this is in spite of the ongoing low inventory levels.

Read More

Position: Unlicensed Executive Real Estate Sales Assistant

Rare opportunity to join our boutique real estate sales division as a Full-time Unlicensed Executive Sales Assistant. Searching for the right individual with a passion and background in real estate, with a mix of administration skills, organization and marketing knowledge.

Read More

Victoria Real Estate Market Changes Tempo for Autumn

A total of 640 properties sold in the Victoria Real Estate Board region this September, 18.1 per cent fewer than the 781 properties sold in September last year. “We can certainly feel the difference in the current market when we compare to last year’s record breaking numbers. Last year the pace of the market was intense, there was a lot of pressure on…

Read More

Victoria Real Estate Market Remains Hot Into the Summer Months

The activity level in the Victoria real estate market continues to be brisk, though we always expect a slowdown in the summer months,” says 2017 Victoria Real Estate Board President Ara Balabanian. “This July, we saw a strong focus on the lower priced end of the market, with condos and townhomes and single family homes listed for under $700,000 in high demand.

Read More