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5 key things to consider if you are applying for a mortgage this year

Posted on Jan 17, 2019



Here are 5 key things should you be considering, if you are applying for a mortgage in the next
year:

1) Locate and keep secure copies of your last 2 years tax returns and Tax Summary from CRA (Notice of
Assessment). If you are paid hourly, receive overtime, commission or bonus income, lenders will want a 2
year average of your income in order to be ab...

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Victoria Real Estate Market Continues to Stabilize

Posted on Oct 03, 2018

Courtesy of the Victoria Real Estate Board - https://www.vreb.org/current-statistics

A total of 533 properties sold in the Victoria Real Estate Board region this September, 16.7 per cent fewer than the 640 properties sold in September of last year, and a 10.3 per cent decrease from August 2018. Sales of condominiums were down 30.4 per cent from last...

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Victoria's Real Estate Market Simmers at the End of Summer

Posted on Sep 10, 2018

Courtesy of the Victoria Real Estate Board


A total of 594 properties sold in the Victoria Real Estate Board region this August, 19.3 per cent fewer than the 736 properties sold in August of last year, and an 8.8 per cent decrease from July 2018. Sales of condominiums were down 5.3 per cent from last year in August with 195 units sold. Sales of singl...

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Victoria Housing Market Still Finding Its Balance

Posted on Aug 02, 2018

Lately we are hearing many different things about the local real estate market. Some reports still scream impending doom and gloom, others say the worst is behind us and it is business as usual. Of course the truth is in there some where. With inventory levels hovering between 4-5 months we can safely assume that the seller dominated market of the...

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Continued uncertainty brings predictable results for the Victoria real estate market

Posted on Jul 12, 2018

Courtesy of the Victoria Real Estate Board: https://www.vreb.org/current-statistics

A total of 708 properties sold in the Victoria Real Estate Board region this June, 29.8 per cent fewer than the 1,008 properties sold in June of last year, and a 6.2 per cent decrease from May 2018. The sales of condominiums were down 25.1 per cent from last year in...

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Price Pressure Continues on Lower-Priced Housing in the Capital Regional District

Posted on Jun 14, 2018

Courtesy of the Victoria Real Estate Board

A total of 755 properties sold in the Victoria Real Estate Board region this May, 25 per cent fewer than the 1,006 properties sold in May of last year, and a 2.5 per cent decrease from April 2018. The sales of condominiums were down 17.4 per cent from last year in May with 237 units sold. Sales of single fa...

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