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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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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Supporting InspireHealth – $1,300 Donation

InspireHealth is a supportive cancer care centre in Oak Bay, which provides free services, such as nutrition consultation and cooking classes, yoga rehabilitation, physician support, counselling services and stress reduction techniques, to anyone who has either had a cancer diagnosis or is supporting someone with cancer. InspireHealth is partially-funded by the BC Ministry of Health, but relies heavily on community support…

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Supporting Phoenix Theatre

Our Senior Property Manager, Zana, has had a close connection to the Phoenix Theatre over the last 6 years. Her daughter, Tea, attended UVic and recently graduated in Fine Arts with an acting specialization. Her daughter’s involvement in the Arts gave Zana the opportunity to watch 3-4 performances at the Theatre every year. Zana’s appreciation…

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Supporting RainCoast Dog Rescue

RainCoast Dog Rescue was suggested by Brian as a great organization to support. It was not long ago when Brian and his wife Catherine were looking to add a dog to their family, and it was then when they met Jesse Adams and Brielle Turpin, the founders of RainCoast. RainCoast Dog Rescue Society is a very passionate and dedicated BC non-profit Dog Rescue organization…

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Community Giving – $8,425 FGCA Donation

In 2015, Duttons donated 10% of their proceeds on Fairfield home sales to the Fairfield Gonzales Community Association. This allowed the centre to upgrade its old and deteriorating stroller and bike parking shelter as a perfect fit for their dollars. “As a non-profit, we are always putting every dollar into running our programs. This was a rare opportunity…

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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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