January 2024 Real Estate Market Update

Friday Feb 2nd, 2024

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      A balanced market means opportunity for buyers and sellers in Victoria February 1, 2024  A total of 341 properties sold in the Victoria Real Estate Board region this January, 22.7 per cent more than the 278 properties sold in January 2023 and a 3.6 per cent increase from December 2023. Sales of condominiums were up 10.9 per cent from January 2023 with 112 units sold. Sales of single family homes increased 35 per cent from January 2023 with 162... [read more]

October 2022 Real Estate Market Update

Monday Nov 7th, 2022

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    A slight uptick in sales and inventory, but Victoria market still requires commitment to homes November 1, 2022  A total of 480 properties sold in the Victoria Real Estate Board region this October, 35.6 per cent fewer than the 745 properties sold in October 2021 but a 17.1 per cent increase from September 2022. Sales of condominiums were down 39 per cent from October 2021 with 152 units sold. Sales of single family homes decreased 32.2 per cent from October 2021... [read more]

April 2023 Real Estate Market Update

Tuesday May 2nd, 2023

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    Not enough growth in inventory numbers means spring market sales slow May 1, 2023  A total of 637 properties sold in the Victoria Real Estate Board region this April, 22.7 per cent fewer than the 824 properties sold in April 2022 but an 8 per cent increase from March 2023. Sales of condominiums were down 21.8 per cent from April 2022 with 205 units sold. Sales of single family homes decreased 19.4 per cent from April 2022 with 325 sold. "Sales numbers for... [read more]

September 2023 Real Estate Market Update

Friday Oct 6th, 2023

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    While value of homes in Victoria remains stable, the cost to own continues to rise October 3, 2023  A total of 493 properties sold in the Victoria Real Estate Board region this September, 20.2 per cent more than the 410 properties sold in September 2022 and a 9.4 per cent decrease from August 2023. Sales of condominiums were up 23 per cent from September 2022 with 155 units sold. Sales of single family homes increased 3.2 per cent from September 2022 with 228... [read more]

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