BC Housing Market Turnaround Continues Unabated – Real Estate Victoria

& Blog Post.

Vancouver, BC.  The British Columbia Real Estate Association (BCREA) reports that a total of 6,863 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during August, up 28.6 per cent from August 2012. Total sales dollar volume was 39.7 per cent higher than a year ago at $3.66 billion. The average MLS® […]

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STRONGEST SUMMER IN FIVE YEARS FOR PROPERTY SALES IN GREATER VICTORIA

& BC Real Estate Update, Blog Post.

September 3, 2013                                                                                                                        VICTORIA, BC–Summer-time real estate sales numbers were the best they’ve been in Greater Victoria in five years. There was a total of 1,787 sales in June, July and August. On a monthly scale, total real estate sales in Greater Victoria were up 16.8 per cent in August 2013 over August 2012, the Victoria […]

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BC Retail Sales Strongest Month Since March

& BC Real Estate Update, Blog Post, Economics, Prestigious.

BCREA ECONOMICS NOW Canadian Retail Sales – August 22, 2013 Canadian retail sales declined 0.6 per cent in June on a monthly basis but were 3.1 per cent higher year-over-year. Year-to-date, retail sales have grown 1.8 per cent compared to the first six months of 2012. Retail sales in June were dragged lower by a […]

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CMHC Rule Changes Could Raise Rates!

& BC Real Estate Update, Blog Post, Prestigious, Victoria Real Estate Update.

BCREA ECONOMICS NOW Impact of Limits to CMHC Mortgage Backed Securities – August 7, 2013 Most Canadian mortgage lenders fund some portion of their mortgage lending using CMHC’s National Housing Act Mortgage Backed Securities (NHA MBS). That is, cash flows from mortgages are aggregated into investment securities and then sold to investors through a process called […]

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Hot New Listing- Substantially Renovated Spacious Home Centrally Located in Victoria

& BC Real Estate Update, Blog Post, Prestigious, Victoria Real Estate Update.

The Properties in Victoria Professionals Real Estate Team are proud to offer this 5 Bedroom 4 Bathroom home.   This beautiful home  was substantially renovated in 2013. A spacious 5 bedroom 1 den 4 bathroom home, it is sure to impress. Skylights, plenty of windows and some vaulted ceilings create bright living spaces. Laminate flooring  throughout […]

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