Victoria Market Update - March 2019
Posted on Mar 13, 2019
Courtesy of the Victoria Real Estate Board
Victoria real estate market awaits a spring thaw
March 1, 2019 A total of 421 properties sold in the Victoria Real Estate Board region this February, 22.8 per cent fewer than the 545 properties sold in February 2018 but a 28 per cent increase from January 2019. Sales of condominiums were down 25.9 per cent f...
Just Listed - 1213 Palmer Road
Posted on Feb 28, 2019
$829,900
Stellar home in a great neighborhood, Maplewood has it all! Upstairs offers two bedrooms, a full bath and a family sized living/dining area. A gorgeous sun room sits off the dining area and includes a power sunshade for the warm summer days. For the winter months a gas fireplace and furnace will keep you warm without breaking the bank. Down...
5 key things to consider if you are applying for a mortgage this year
Posted on Jan 17, 2019
Here are 5 key things should you be considering, if you are applying for a mortgage in the next
year:
year:
1) Locate and keep secure copies of your last 2 years tax returns and Tax Summary from CRA (Notice of
Assessment). If you are paid hourly, receive overtime, commission or bonus income, lenders will want a 2
year average of your income in order to be ab...
Assessment). If you are paid hourly, receive overtime, commission or bonus income, lenders will want a 2
year average of your income in order to be ab...
Victoria Real Estate Market Continues to Stabilize
Posted on Oct 03, 2018
Courtesy of the Victoria Real Estate Board - https://www.vreb.org/current-statistics
A total of 533 properties sold in the Victoria Real Estate Board region this September, 16.7 per cent fewer than the 640 properties sold in September of last year, and a 10.3 per cent decrease from August 2018. Sales of condominiums were down 30.4 per cent from last...
Victoria's Real Estate Market Simmers at the End of Summer
Posted on Sep 10, 2018
Courtesy of the Victoria Real Estate Board
A total of 594 properties sold in the Victoria Real Estate Board region this August, 19.3 per cent fewer than the 736 properties sold in August of last year, and an 8.8 per cent decrease from July 2018. Sales of condominiums were down 5.3 per cent from last year in August with 195 units sold. Sales of singl...
Victoria Housing Market Still Finding Its Balance
Posted on Aug 02, 2018
Lately we are hearing many different things about the local real estate market. Some reports still scream impending doom and gloom, others say the worst is behind us and it is business as usual. Of course the truth is in there some where. With inventory levels hovering between 4-5 months we can safely assume that the seller dominated market of the...