Market Stats – March 2018

Victoria Real Estate Market Stats - March 2018

Increasing growth for the Victoria Real Estate Market! Victoria Real Estate prices continue to rise in the beginning of 2018 for single family and condominium homes by 6.73% and 17.25% respectively from January to March 2018. The average sale…

Victoria Realty Prices Continue to Rise Steadily

FOREIGN BUYERS IN 2017 - SOME CONTEXT There has been a lot of media coverage on the impact of foreign buyers on the real estate market in Canada. Last summer the BC government implemented a 15% property transfer tax on foreign buyers in Metro…

What Can $5+ Million Buy In Victoria BC

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Even with inflation on the rise, multi-million dollar homes are still not that common, so it's still a thrill to window-shop for properties in the $5 million+ range. In fact, the vast majority of new home projects in the Victoria area are…

Staging a house to sell

Let's debunk the myths for staging a house Trying to sell your own home can be a risky gamble. Sure you'll save on commissions but will you sell the home for as much or as quickly as you would working with expert realty professionals? At…

VREB Statistics for 2014/2015

The Victoria Real Estate Board (VREB) is an association of ~1,200 local Vancouver Island/Gulf Island REALTORS® with hands-on knowledge of the local real estate market in the Greater Victoria area. VREB Statistics for 2014/2015 in PDF Origin…

Moving from Vancouver to Victoria BC

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Vancouver is a Wonderful City ... But! Please don't get the wrong idea! Vancouver wins plenty of awards and earns more than it's fair share of international acclaim for doing many things well including hosting events like the Olympics/International…

Economic Analysis of BC - August 2015

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Our friends over at Central1 Credit Union have posted an updated Economic Analysis of British Columbia report for August 2015. The full report is available in PDF format for easy printing/review: Economic Analysis of British Columbia - Volume…

Thinking About Moving to Victoria BC?

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If you are thinking about moving to Victoria BC you probably have a few (or more than a few) questions about the cost of living in Victoria BC and what it’s like to live here.  This blog is a great source of information about Victoria and…

Strata Property Owners and Prospective Buyers – What You Need to Know About Depreciation Reports

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If you are looking to buy a strata property in Victoria BC, or if you own and are considering selling your strata property, you should know about the recent regulations passed by the Provincial Government of BC regarding strata property depreciation…

The BC First-Time New Home Buyers’ Bonus

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If you’re thinking about buying a new home in Greater Victoria but have been hesitant to do so because of the HST, the BC government has proposed a solution for first time buyers.   Subject to approval by the legislature, the BC government…