This month I made a minor correction in how I go about searching for pre-owned condominium properties. As a result, there may be a minor disconnect with earlier monthly reports. For example, were I to go back to last month, my revised methodology would lead to 158 condo listings versus the 164 I reported. A [...]

Continue reading about Resale Residential Condominiums In Victoria – Market Report for February 2009

According to reports in the local Victoria newspaper, overall sales in the Greater Victoria Area were up in February about 63% over January, which is encouraging economic news for everyone. This report has a slightly narrower focus, covering only previously owned single family homes located within the core area of Victoria (which includes Victoria, Oak [...]

Continue reading about Resale Single Family Homes In Victoria – Market Report for February 2009

Chart 1 collects 12 month cumulative listings and sales for the past two years: one year ago annual listings totaled 2,112, and to the end of January 2009 were up by a small margin to about 2,304. Annual sales on the other hand continued to travel in the opposite direction: the recent total was 1,157, [...]

Continue reading about Resale Residential Condominiums In Victoria – Market Report for January 2009

If you follow reports in the Victoria Times Colonist you may have noticed a few days ago that some real estate agents were reporting activity seems to be increasing. It will be interesting to see whether that anecdotal evidence has actually resulted in any measurable marketplace changes yet.
Today’s report covers two years, ending January [...]

Continue reading about Resale Single Family Homes In Victoria – Market Report for January 2009

Duncan Boan on January 5th, 2009

A couple of days ago I did a year-end report on single family market activity. This is a corresponding report for condominiums in the core area of Victoria (defined as (Victoria, Oak Bay, Esquimalt, View Royal, and Saanich). It follows essentially the same format as my report on Victoria condo properties for [...]

Continue reading about Pre-owned Victoria Condo Market Report – December 2008

Happy New Year everyone.
The very first thing to talk about in 2009 is 2008. It was quite a year, and this post is an end-of-the-year report of pre-owned single family home sales activity. The report covers two years, ending December 31, 2008, and covers used homes located in the core area of Victoria (Victoria, [...]

Continue reading about Pre-owned Homes In Victoria – Market Report for December 2008