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Real Estate

Benchmark single-family home value in Greater Victoria core hits high of $1.161 million

Benchmark single-family home value in Greater Victoria core hits high of $1.161 million

The benchmark value for a single-family house in the core — Victoria, Saanich, Oak Bay, Esquimalt and View Royal — hit a high of $1.161 million last month, up from $932,200 in January 2021, says the Victoria Real Estate Board.
Lack of housing options hampering community development, UNBC study finds

Lack of housing options hampering community development, UNBC study finds

Data available in new non-metropolitan online housing information portal
$1.2-billion Royal Beach development will bring thousands of new homes to Colwood

$1.2-billion Royal Beach development will bring thousands of new homes to Colwood

Royal Beach will be a collection of neighbourhoods totalling 2,850 single-family houses, townhomes and condominiums ranging from six to 12 storeys. Hundreds of jobs are also expected to be created in commercial buildings and retail spaces.
Co-living housing model coming to Victoria

Co-living housing model coming to Victoria

Co-living setups typically appeal to people new to the area who are interested in expanding their social circle — combating the "urban loneliness that we’re seeing in so many cities," the developer says.
Region breaks 45-year-old homebuilding record but demand still outstrips housing supply

Region breaks 45-year-old homebuilding record but demand still outstrips housing supply

Builders looking for ways to reduce obstacles
Exodus from cities drives up assessments in small Island towns

Exodus from cities drives up assessments in small Island towns

Smaller communities such as Port Alberni saw increases jump by as much as 47 per cent.
Homeowners grant threshold hiked to $1.975 million in B.C. as property values increase

Homeowners grant threshold hiked to $1.975 million in B.C. as property values increase

Greater Victoria real estate sales nearly hit record in 2021 despite low inventory

Greater Victoria real estate sales nearly hit record in 2021 despite low inventory

Inventory levels ended the year with just 652 active listings for sale by the end of December, the lowest inventory seen in the last 25 years
2022 assessments: Top valued properties on Vancouver Island

2022 assessments: Top valued properties on Vancouver Island

The top 10 residential, strata, commercial and industrial properties on Vancouver Island
Vancouver Island assessment values soar on 2022 property roll

Vancouver Island assessment values soar on 2022 property roll

Property assessment notices will start hitting B.C. mailboxes this week.