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...
Tagged: Selling
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...
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...
Renter or Owner?
This post is 9 years old. The data and my views may have since evolved.There’s much discussion about the virtues or renting versus owning. I though that it would be interesting to find out more...