Inventory Low, but Still a Great Variety for Buyers in Victoria

& BC Real Estate Update, Blog Post.

Victoria Real Estate Board President Guy Crozier confirms that November was another busy month for the popular Victoria real estate market. “Holding true to the theme we’ve seen throughout the year, the Victoria market had another great month of sales, with numbers exceeding those from the same time last year.” A total of 573 properties […]

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CLI Points to Stable Commercial Real Estate Activity Next Year

& Blog Post, Victoria BC.

The BCREA Commercial Leading Indicator (CLI) declined for a second consecutive quarter, falling 0.2 index points in the third quarter to 120.0. The index was still 1.2 per cent higher year-over-year, due to strong momentum from 2014 that carried into the early months of this year. Third quarter jitters in financial markets and modest employment […]

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Housing Demand to Ease but Remain Elevated in 2016

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

The British Columbia Real Estate Association (BCREA) released its 2015 Fourth Quarter Housing Forecast Update. Multiple Listing Service® (MLS®) residential sales in the province are projected to surpass 100,000 units this year. This level of home sales will be the third strongest on record and mark the first year since 2007 that BC home sales […]

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