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Market Musings February 2025

Posted on Mar 06, 2025

Victoria, BC Real Estate Market Evaluation – March 2025

Sales Activity

In February 2025, a total of 528 properties were sold in the Victoria Real Estate Board (VREB) region, marking a 12.3% increase from the 470 properties sold in February 2024.
  • Condominium sales rose by 26.3%, with 192 units sold.
  • Single-family home sales increased by 4.5%, with 234 u...

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January 2025- Market Musings

Posted on Jan 30, 2025

As of January 2025, the real estate market in Victoria, BC is navigating a period of cautious optimism, shaped by a combination of factors including recent changes in interest rates, evolving economic conditions, and buyer sentiment. Over the past year, housing prices have experienced moderate fluctuations, with certain segments of the market seein...

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