Victoria BC Real Estate – Another Record High For Victoria!

Posted by & filed under BC Real Estate Update, Prestigious, Victoria Real Estate Update.

The Victoria Real Estate Market set yet another record. The average selling price for a single family home in the Greater Victoria Area is now $584,193. Last fall (2006) when the average price was around $525,000 (it even dipped down to $500,000 in December) we predicted that the average price would be around $600,000 by the […]

Read More

Victoria BC Real Estate – The Roundhouse Project

Posted by & filed under BC Real Estate Update, Prestigious, Victoria Real Estate Update.

If you have been following our blog’s you know there are many projects in the Greater Victoria Real Estate Area. One of these projects is the Roundhouse project. This will be a very exciting project and will turn the Roundhouse site into a “Victoria’s Granville Island”. Like most project there are a lot of work […]

Read More

Real Estate in Victoria, BC – Economic Outlook

Posted by & filed under BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Victoria and British Columbia’s economy is very strong and our unemployment rate is one of lowest in the country. A recent report by BCREA (British Columbia Real Estate Association) reports: The provincial economy is still in the midst of a robust growth phase. Real GDP growth is forecast to hit 3.2 per cent this year […]

Read More

Real Estate in Victoria British Columbia – BC Housing Forcast

Posted by & filed under BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Is BC Real Estate ready for another record? There is a lot of activity here in Victoria with new condominium projects being built all over the city. Yesterday we had a preview of “The Radius” and today we looked at “The Hudson”, two very interesting projects. We predicted last year we would set record high prices and record sales. […]

Read More

Victoria, BC Real Estate – The Facts on Sub Prime

Posted by & filed under Victoria Real Estate Update.

Many people think that the Sub Prime Mortgages will effect our Victoria and British Columbia Real Estate Market.  We don’t think it will effect the Victoria market. Only about 8 -10% of our business is from south of the border. A recent article by British Columbia Real Estate Association (BCREA) sheds some light on the Sub-prime […]

Read More