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THE VICTORIA MARKET Category: Sooke BC

Despite an increase in sales, prices in the Victoria real estate market have remained flat over the past several quarters. The upward pressure on prices eased in the 3rd Qtr of 2018 and after a modest decrease, prices have levelled off. On the supply side, the number of listings was up from the same period last year. On the demand side, there was an increase in the number of sales.

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REAL ESTATE IN BC - SOME INSIGHTS Category: Sooke BC

The real estate market in Canada has been in a slump during the past couple of years. BC has been particularly hard hit. Despite this, BC still has the most expensive real estate in the country.

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The Market Inventory - Fall 2019 Category: Sooke BC

There were 2,155 properties (including lots and acreage) active on the VREB’s MLS® database for the Greater Victoria area (i.e., excluding the Malahat, Up-Island and the Gulf Islands) on Oct 1, 2019, up +10.0% from the inventory level of 1,964 a year ago.

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THE VICTORIA MARKET & MARKET INVENTORY Category: Sooke BC

Compared to most areas of the country, the real estate market in Victoria put in another solid performance in 2018. Despite slowing sales and properties taking longer to sell, prices continue to edge up, particularly in the condo and townhouse sectors of the market.

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