From the category archives:

Victoria Real Estate Market Conditions

Victoria Realty Prices Continue to Rise Steadily

by McLean Real Estate Group July 21, 2017

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 Vancouver. More recently, the Ontario government introduced a number of measures […]

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What Can $5+ Million Buy In Victoria BC

by McLean Real Estate Group April 13, 2017

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 modern middle-class dwellings that are eco-friendly, inexpensive, and quick to build, which is […]

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Staging a house to sell

by Jodi Baker July 16, 2016

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 the very least homeowners should understand some of the essential […]

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VREB Statistics for 2014/2015

by McLean Real Estate Group February 5, 2016

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 of VREB Buyers 2014/2015 Origin of Canadian VREB Buyers 2014/2015 Origin of VREB Buyers Outside of Canada 2014/2015 […]

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Moving from Vancouver to Victoria BC

by McLean Real Estate Group September 4, 2015

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 Expos/World Cup/etc.. Heck, in most areas where Victoria is #1 in Canada/Internationally Vancouver is usually close […]

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Economic Analysis of BC – August 2015

by McLean Real Estate Group September 3, 2015

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 35 • Issue 4 • August 2015 | ISSN: 0834-3980 With economic forecasts that run until 2017 […]

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Thinking About Moving to Victoria BC?

by McLean Real Estate Group October 16, 2012

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 its surrounding municipalities, the amenities and resources you’ll find […]

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

by Jodi Baker June 20, 2012

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 reports. As of December 13, 2013, all strata properties with more than 4 units […]

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The BC First-Time New Home Buyers’ Bonus

by Jodi Baker March 16, 2012

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 is planning to implement a temporary BC First-Time New Home Buyers’ Bonus.  This […]

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Cost of Living in Victoria BC vs Vancouver BC

by hwilde February 20, 2012

It’s been all over the news recently – Vancouver has earned the dubious honour of being the most expensive city in North America in which to live.  Those of us who are living in Victoria can be thankful that our fair city, while not inexpensive by Canadian standards, hasn’t the same affordability issues that Vancouver […]

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