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Great Victoria – 5-Year Mortgage Rate (1960-2014)

Great Victoria – 5-Year Mortgage Rate (1960-2014)

by DavidL · July 28, 2015

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Previous story Great Victoria – 5-Year Mortgage Rate (1960-2014)

House Hunt Victoria is operated by
Leo Spalteholz, independent analyst

Market Summary

The real estate market in Greater Victoria is roughly stable. Inventory has grown steadily and rising rates have brought the market into roughly balanced territory. 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.

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