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Blog by Allison Ducluzeau

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Best Summer in 5 Years for Victoria Real Estate!!

I thought you would be interested to see today's news release from the Victoria Real Estate Board.  Although we had a 28.3 increase in sales of single family homes over August 2012, prices are remaining flat.  There was a 12.5% year over year increase in the median price of Townhomes and a 9.2% increase in the year over year median price of condos.  We expect increased sales volume to continue over the next several months as people who are locked into lower interest rates will need to purchase before their rates expire.August 2013 Stats Release