CLI Signals Steady Economic Climate for Commercial Real Estate

& B.C. Real Estate, BC Real Estate Update, Blog Post, Canadian Real Estate, In the News, Victoria BC.

The BCREA Commercial Leading Indicator (CLI) broke a string of two consecutive declines, eking out a 0.1 point increase to an index value of 120.0 in the fourth quarter of 2015. On a year-over-year basis, the CLI was 0.4 per cent higher than in 2014. “Uncertainty in the global economy roiled financial and commodity markets […]

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Hudson Walk One Development

& B.C. Real Estate, BC Real Estate Update, Blog Post, In the News, Victoria BC, Victoria Real Estate Info, Victoria Real Estate Update.

Victoria has many different neighborhoods, each with their own unique style and vibe. The Hudson District is a neighborhood that is located downtown between Chinatown and the Save-On-Foods Memorial Center. In addition to many stores and restaurants, it is steps away from the Victoria Public Market. The District has been said to be ‘up-and-coming’ and […]

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Customized and Convenient Royal LePage App

& B.C. Real Estate, Blog Post, Technology, Uncategorized, Victoria BC.

Long gone are the days of searching for businesses in the phone book. Today, we simply Google what we need and read reviews from past and current customers in order to make an informed decision. However, when it comes to searching for trusted service companies to work on your home, the search can be a […]

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Strong Housing Demand Forecast Through 2017

& B.C. Real Estate, BC Real Estate Update, Blog Post, Buying a Home, Canadian Real Estate, In the News, Selling a Home, Statistics, Update, Victoria BC.

Multiple Listing Service® (MLS®) rresidential sales in the province are forecast to edge back 6.2 per cent to 96,100 units this year, after reaching 102,517 units in 2015. Strong consumer demand is expected to push MLS® residential sales up by 2 per cent to 98,000 units in 2017. Housing demand in the province is being […]

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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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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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