142

This correction might be half over

We’re going just over three years since we hit peak pricing in the spring of 2022.   It hasn’t been a real price crash (though some people that overpaid in 2021/2022 were hit hard), but we’re...

151

Data wants to be free

I’ve been collecting data relevant to the Victoria market for over 15 years.  Based on that I’ve written around 1000 articles and 20,000 comments (and probably another 20k housing-related comments on other platforms).   At this...

177

Contra the herd

Apologies to the investment newsletter of a similar name, but our sluggish market raises the question:  Does it make sense to be a contrarian in Victoria’s real estate market? To find out, I looked at...

137

Should home prices go down?

Four years ago Liberal MLA Adam Vaughan appeared in a TVO interview and was asked what to do about runaway prices that had jumped 25% in a year.  Despite the huge jump he said that...

321

How to value garden suites

I’ve written about garden suites in the past, noting that though they’ve been legalized on paper in some municipalities for a couple decades, the uptake so far has been slow.  However with the province pushing...

145

Is the luxury market picking up?

As Marko Juras reports, there’s been a series of high end sales in Victoria recently, with 8 sales over $2.5M in April, including one at $6.3M, one at $5M, and one at $4.4M.   Two weeks...

324

Long run update

Uncertainty is roiling the stock market and kicking the crap out of some real estate markets across the country.  Interestingly enough, while some markets are suffering from multi-decade lows in sales, Victoria seems to still...