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May 2021 Real Estate Market Update

Thursday Jun 3rd, 2021

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    Unwavering demand reinforces need to support supply of homes June 1, 2021 The Victoria market continued to show its strength through the month of May, with a near record setting pace for sales and ongoing record low inventory levels. A total of 1,049 properties sold in the Victoria Real Estate Board region this May, 129.5 per cent more than the 457 properties sold in May 2020, but 6 per cent fewer than the previous month of April. Sales of condominiums were up... [read more]

June 2021 Real Estate Market Update

Monday Jul 5th, 2021

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     Low inventory and strong demand continue in Victoria real estate market July 2, 2021  A total of 942 properties sold in the Victoria Real Estate Board region this June, 16.6 per cent more than the 808 properties sold in June 2020, but 10.2 per cent fewer than the previous month of May. Condominium sales were up 61.7 per cent from June 2020 with 338 units sold. 4 per cent more condominiums sold in June 2021 than in the previous month of May. Sales of single... [read more]

July 2021 Real Estate Market Update

Monday Aug 9th, 2021

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      Victoria housing inventory continues to decline over summer months driving inventory even lower. July 2021 Victoria Real Estate Market A total of 835 properties sold in the Victoria Real Estate Board region this July, 14.7 per cent fewer than the 979 properties sold in July 2020 and 11.4 per cent fewer than the previous month of June. Condominium sales were up 18.8 per cent from July 2020 with 284 units sold. 16 per cent fewer condominiums sold in July... [read more]

August 2021 Real Estate Market Update

Friday Sep 10th, 2021

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    Victoria housing market continues to adapt to long-term lack of supply September 1, 2021 A total of 831 properties sold in the Victoria Real Estate Board region this August, 15.1 per cent fewer than the 979 properties sold in August 2020 and 0.5 per cent fewer than the previous month of July. Condominium sales were up 31.7 per cent from August 2020 with 345 units sold. 21.5 per cent more condominiums sold in August 2021 than in the previous month of July. Sales... [read more]

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