Real Estate

B.C. Assessment warns property owners to be prepared for a five to 15 per cent jump in their annual property assessments, since they’re based on values before the market cooled

Sale prices for the region’s homes shifted last month, but depending on which measure you prefer, it either increased or decreased.

Economic forecasters and analysts may be watching housing starts to get a sense of where the Canadian economy is heading, but they’re probably not watching the poker faces of homebuilders in this region for clues.

The capital region tallied 604 starts in October, up from 337 in October 2021, Canada Mortgage and Housing Corp. said in its monthly report released Wednesday

The number of month-over-month sales increased in October — an uptick real estate agents could feel happening says the president of the Greater Victoria Real Estate Board.

Data shows 47 per cent of Canadians are expecting to delay a real estate transaction or major purchase in the next 12 months.

New rental units coming onstream will have difficulty keeping up with demand, which has increased as those who are able to work remotely flock from larger centres to Victoria