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Unwavering demand for the month of May 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 ...

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A very small drop in sales this month compared to last month in what continues to be a strong Seller’s market.

Housing in Greater Victoria remains in high demand "Comparing last year’s April market to 2021 does not provide us any real insight into long term market trends,” said Victoria Real Estate Board President David Langlois. “Instead of comparing to last year’s numbers, we need to look at years before the pandemic ...

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The Mortgage Stress Test Is Increasing: What does it mean, and how could it affect you?

This article and information is provided to you with the permission of David Steinberg BComm, AMP Mortgage Broker and Owner Below are a few excerpts from the full article. To read the full article, go to our website: Mortgage Stress Test Proposed Increase. In an attempt to cool our hot housing market, the Office of ...

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May’s Market Update for March 2021 sales report

Victoria MLS sales continued its record setting pace in March with Greater Victoria home sales reaching 1173 units surpassing the previous March record by 565 sales. Sales were once again propelled to new heights by a sweltering pace of activity across the Capital Region. Total unit sales were up by ...

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