October sales were down 6% year over year as a whole, but detached sales actually posted their best result in nearly 4 years, while condos remained quite sluggish. As usual, the chart below is seasonally...
September brought a small uptick in single family activity from August, but condo sales remained relatively depressed compared to earlier in the year. However it’s worth keeping in mind that the condo market decline is...
Is it September already? Well better put up a new post before the site crashes loading over 1000 comments. As is obvious, I haven’t been keeping up with the updates lately. As mentioned in the...
A late summary of the June numbers, and the next post will likely be in August as we’ll be in and out of town unless I see some interesting real estate story in our travels....
As you probably know, when you sell your principal residence for more than you bought it for, you generally don’t have to pay tax on the capital gain. However what if part of your property...
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...
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...
The 758 properties sold in May represented a drop of just under a percent from a year ago, but that slight dip was only because there was one fewer business day this May than last. ...
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...
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...
Just over a decade ago I wrote this article detailing the costs to run our fairly average house. At the time, the total annual cost for taxes, insurance, and utilities for our 1970s ~2100 sqft...
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