Chances are we’ve all seen a green roof (also known as a living roof) at one time or another, but how many of us know the true purpose of these unconventional roofs? If by chance you are unfamiliar with the concept, here is a brief definition: “a roof of a building that is partially or […]
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Multiple Listing Service® (MLS®) rresidential sales in the province are forecast to edge back 6.2 per cent to 96,100 units this year, after reaching 102,517 units in 2015. Strong consumer demand is expected to push MLS® residential sales up by 2 per cent to 98,000 units in 2017. Housing demand in the province is being […]
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It doesn’t matter if you are a new resident or a life long Victorian, you know that the city has unparalleled beauty. Whether you are looking to lie on the beach and soak up the sun, take a hike up to some amazing views, or stroll through a lush forest, Victoria has it all and […]
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The way those of Generation Y think about investing in real estate is very different compared to their parents, the baby boomers. Generation Y, also known as ‘millennials’, consist of those who are entering their prime home buying years and who are expected to drive a favorable change in the real estate market. With close […]
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The British Columbia Real Estate Association (BCREA) reports that a record number of home sales were recorded in the province for the month of December. A total of 6,590 residential unit sales were recorded by the Multiple Listing Service® (MLS®) last month, up 29.8 per cent from the same month the previous year. Total sales […]
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Homes sales were up on a month-over-month basis once again in November, and that trend is expected to continue in light of upcoming mortgage rule changes. “Recently announced changes to mortgage regulations will likely boost sales activity in the short term, as buyers jump off the fence to beat the changes before they take effect […]
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The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS® […]
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December is Still Going Strong! Here are your Friday Figures for the week of December 4 to December 11, 2015 in Greater Victoria. It’s always interesting to see these numbers and get an understanding of what’s happening in the market right now. December is typically a slower month in real estate, but if this past […]
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