Smaller versus bigger house with a suite?
This post is 9 years old. The data and my views may have since evolved.About a week ago I was contacted by one of our blog readers, Melissa, who suggested a blog post about which...
Monthly Archive: June 2015
Housing prices follow mortgage rates?
This post is 9 years old. The data and my views may have since evolved.It is commonly accepted that housing prices and interest rates are inversely proportional to each other. When interest rates rise, prices...
Variable versus Fixed
This post is 9 years old. The data and my views may have since evolved.Buyers often ponder what type of mortgage is best: variable rate or fixed rate. At first glance, a variable rate mortgage...
Mid-June Sales up, Listings down
This post is 9 years old. The data and my views may have since evolved.It seems that the Victoria real estate market definitely a sellers market this spring, with sales booming and active listings continuing...
Have we hit the bottom?
This post is 9 years old. The data and my views may have since evolved.With 5-year variable rates as low as 2.05% (prime minus 0.80%) and 5-year fixed rates at 2.50%, have we finally hit...
Visitors to the "new" HHV
This post is 9 years old. The data and my views may have since evolved.As the “new” HHV has only been active for three weeks, I thought that readers might be interested in the range...
May Sales up, Listings Down
This post is 9 years old. The data and my views may have since evolved.May 2015 saw 905 properties being sold in Greater Victoria – a 26.8% increase in sales over May 2014, and the...