Category: Affordability

May 4, 2018

Musings on Future Affordability

This post is 6 years old. The data and my views may have since evolved.Last time we examined the pattern of affordability for single family houses in Victoria. It seems that the long term trend...

Affordability / Trends

April 25, 2018

Affordability Update – Single Family

This post is 6 years old. The data and my views may have since evolved.Time for an update to the affordability situation specifically for single family homes. As I’ve said dozens of times before over...

The real estate market in Greater Victoria is roughly stable, but more inventory is cooling conditions. Though technically still in a sellers market, a recent increase in new listings is increasing inventory while continued slow sales from higher rates have balanced the market. Some segments like small downtown condos are extremely weak due to regulatory changes. Prices remain below the peak of 2022, however affordability remains very poor due to higher rates. Read the market review here.

Category: Affordability

Musings on Future Affordability

Affordability Update – Single Family

Market Summary

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