Blog

Victoria Market Update - July 2021

Posted on Jul 08, 2021


Article Courtesy of the Victoria Real Estate Board - full stats package available HERE

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 pr...

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Victoria Market Update - June 2021

Posted on Jun 03, 2021





Article Courtesy of the Victoria Real Estate Board - full stats package available HERE

Unwavering demand reinforces need to support supply of homes

 
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 Vic...

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Victoria Market Update - May 2021

Posted on May 03, 2021



Article Courtesy of the Victoria Real Estate Board - full stats package available HERE


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 number...

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WRITING A WINNING OFFER

Posted on Apr 09, 2021

TIPS FOR BUYERS – WRITING A WINNING OFFER

When notified of a multiple offer(s) you have an opportunity to revise the offer, should you choose to do so, provided you can meet the timelines they set for presentation.

As a general rule, it’s a good idea to make your best offer in these circumstances, as you may not get a second chance. Things the seller...

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Risks of Unconditional Offers

Posted on Apr 09, 2021

There are several common conditions that normally accompany an offer to purchase real estate.  In a busy market it can be tempting to have a few conditions or none at all in order to beat out the competing offers.

It can be a risky situation but the reward is getting your dream home.

Here are some the of risks associated with omitting each condition...

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Victoria Market Update - April 2021

Posted on Apr 07, 2021




Article Courtesy of the Victoria Real Estate Board - full stats package available HERE

The fast pace of Victoria real estate market surges on

 
A total of 1,173 properties sold in the Victoria Real Estate Board region this March, 92.9 per cent more than the 608 properties sold in March 2020 and 35.9 per cent more than the previous month of February. S...

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