News & Blogs


Posted on Mar 05, 2024

We saw glimmers of a start to the spring market over the course of February. In addition to the increase in sales, more than 500 new listings came to market when compared to last year's inventory numbers. This much needed inventory gives buyers more selection and more time to make their purchasing decisions. We've also seen prices continue to remai...

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Posted on Feb 08, 2024

Our housing market eased into the new year with a renewed sense of balance. Sales were up slightly based off last year's very low numbers, and overall, we saw the stabilization that we observed in late 2023 continue into 2024. Mortgage rates have levelled out, inventory is slowly creeping back up, and we are no longer in that highly pressurized mar...

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Posted on Jan 03, 2024

Blog post content goes here
I've spoken a lot this year about our market's return to traditional seasonal patterns and at the conclusion of 2023 we can see that this trend continues. This is a welcome relief for sellers and buyers after an extraordinary 5 years of real estate market disruption. Everyone benefits from a more predictable real estate m...

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Posted on Dec 06, 2023

This November we saw a 2.6% increase from the number of properties sold in November 2022 but a 3.2% decrease from October. Sales of condominiums were down 11.8% from this time last year and sales of single family homes increased by 6% from November 2022. At the end of November, we saw a decrease in active listings overall compared to the previous m...

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Posted on Oct 11, 2023

This September 20% more homes sold than in September 2022 but we saw a 9% decrease in sales from August 2023. Sales of condos were up 23% from September 2022 and sales of single family homes also increased 3% from September 2022. There were 2,699 active listings for sale at the end of September which is an increase of 8% compared to the previous mo...

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Posted on Jun 07, 2023

Looks like the Spring market is beginning to grow just in time for summer!

A total of 775 properties sold in the Victoria Real Estate Board region this May, which is 1.8% more than the 761 properties sold in May 2022 and a 21.7% increase from April 2023. Sales of condominiums were down 0.8% from May 2022. Sales of single family homes increased 8.7...

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