Victoria BC Real Estate – Another Record High For Victoria!

& 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 […]

All Articles Read More

Victoria BC Real Estate – The Roundhouse Project

& 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 […]

All Articles Read More

Real Estate in Victoria, BC – Economic Outlook

& 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 […]

All Articles Read More

Real Estate in Victoria British Columbia – BC Housing Forcast

& 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. […]

All Articles Read More

Victoria Real Estate – Condominium Projects Part 4

& Prestigious, Victoria Real Estate Update.

In this blog we will continue to view some of major condominium projects in the Greater Victoria Real Estate Area. Part four is the continuation of major projects that have been approved. Royal Roads Place, will be a residential and commercial 29 story building located on Sooke Road in Colwood. There will be a total […]

All Articles Read More

Real Estate In Victoria, BC – The Bayview Residence

& Prestigious, Victoria Real Estate Update.

We will soon write our fourth blog in a six part series discussing some of the major condominium projects in Victoria. We just yesterday got an update on one of the great projects in Victoria; The Bayview. The Bayview Residence is located on a 7 acre parcel on Victoria’s beautiful inner harbour and tower number one is well […]

All Articles Read More

Victoria and BC Real Estate – Home Sales Up 14%, Prices Up 11.8%

& Prestigious, Victoria Real Estate Update.

The Victoria Real Estate Market is very active with record sales and prices. British Columbia in general is following the same trend. A recent article by Canwest News Service published in the Times Colonist reads: Retirees help push home sales up 14% The cool, damp summer may have been disappointing for campers, but all those […]

All Articles Read More

Victoria Real Estate – Condominium Projects Part 3

& Prestigious, Victoria Real Estate Update.

In our previous blogs we have looked at what major condominium projects are currently being built in Victoria and we wrapped that up in Victoria Real Estate – Condominium Projects Part 2. In this blog we will have a look at what major projects have been approved (keep in mind some approvals and changes can take place) Aquattro […]

All Articles Read More