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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Victoria Real Estate Market Remains Strong All Summer

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

September 1, 2015, Victoria BC – The Victoria Real Estate Board today released its report on real estate activity for August 2015. A total of 741 properties sold in the Victoria Real Estate Board region this August, an increase of 21.7% compared to the 609 properties sold in the same month last year. “Consumer confidence […]

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Another Hot Summer Month of Sales for Victoria Real Estate Market

& B.C. Real Estate, BC Real Estate Update, Blog Post, Statistics, Update, Victoria BC, Victoria Real Estate Update.

  August 4, 2015, Victoria BC – The Victoria Real Estate Board today released its report on Multiple Listing Service® real estate activity in the Victoria area for July 2015. A total of 796 properties sold in the Victoria Real Estate Board region this July, compared to the 681 properties sold in the same month […]

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Canada’s Reaction to Market

& B.C. Real Estate, Banking, BC Real Estate Update, Blog Post, Canadian Real Estate, Economics, Statistics, Victoria Real Estate Update.

Canadian existing home sales experienced a monthly drop of 3.1 per cent in January over December, according to a report published yesterday by the Canadian Real Estate Association (CREA). Demand dropped in 60 per cent of Canada’s major markets, but it was oil producing provinces that took the biggest hit. The Alberta and Saskatchewan markets […]

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Canadian Economy Gained 35,000 Jobs in January

& Banking, Economics, Victoria Real Estate Update.

BCREA ECONOMICS NOW Canadian and US Employment – February 6, 2015 The Canadian economy gained 35,000  jobs to start 2015 while the national unemployment rate declined 0.1 points to 6.6 per cent. Stronger than expected job growth to start the year and rebounding oil prices may prompt a rethink among those expecting a second rate […]

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