The 2020 Victoria Real Estate Market in Review
Posted on Jan 04, 2021 in Market Statistics
January 4, 2021
The 2020 Victoria real estate market year in review A total of 631 properties sold in the Victoria Real Estate Board region this December, 57 % more than the 402 properties sold in December 2019 and a 20.6 % decrease from November 2020.
Sales of condominiums were up 61.2 % from December 2019 with 195 units sold.
Sales of single-family...
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
Signs on Park Boulevard near Beacon Hill Park. Demand is high for single-detached houses.
- Times Colonist
- 24 Dec 2020
- ANDREW A. DUFFY aduffy@timescolonist.com
Victoria’s housing market is stable now, but the region could soon be dealing with price acceleration and ov...
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...
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...