“The numbers we saw in April are a further indication that the market is gradually moving towards a more balanced state compared to the record setting pace of 2016.” says 2017 Board President Ara Balabanian.
Victoria Real Estate Market Continues Trend of Low Inventory, High Demand
Victoria Real Estate Market Healthy Heading into Spring
Victoria Real Estate Market Starts the Year with Fewer Listings and Above Average Activity
A total of 478 properties sold in the Victoria Real Estate Board region this January, 11.3 per cent fewer than the 539 properties sold in January last year. Inventory levels edged lower, with 1,516 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2017, 38.6 per cent fewer than the 2,471 active listings at the end of January 2016.