December 2020

Victoria housing trending into very heated status, CMHC  says

Posted on Dec 26, 2020 in Victoria Real Estate News

Victoria housing trending into overheated status, CMHC says
  • Times Colonist
  • 24 Dec 2020
  • ANDREW A. DUFFY aduffy@timescolonist.com
DARREN STONE, TIMES COLONISTSigns on Park Boulevard near Beacon Hill Park. Demand is high for single-detached houses.
Victoria’s housing market is stable now, but the region could soon be dealing with price acceleration and ov...

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What does a Benchmark Price mean?

Posted on Dec 01, 2020 in Market Statistics

Most properties sold in Greater Victoria and the Southern Gulf Islands are listed and sold on the Victoria Real Estate Board's Multiple Listing Service® (MLS®) System. To analyze sale price trends in the Greater Victoria housing market, the VREB moved away from reporting changes in average and median sale prices.

In its place, we now analyze trends...

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Nov 2020 Victoria Real Estate Market Stats

Posted on Dec 01, 2020 in Market Statistics

December 1, 2020. The Victoria real estate market continues to experience strong demand, low supply A total of 795 properties sold in the Victoria Real Estate Board region this November, 37.8 % more than the 577 properties sold in November 2019 but 19.7 % fewer than the previous month of October 2020. 

Sales of condominiums were up 62.7 % from Novemb...

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