Bruce McCallum, REALTORĀ®

Homes In Victoria

 
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Homes in Victoria BC continue to sell: UP 29% over June of 2015.

 

 

 

"June marks the halfway point for 2016. By this time last year (2015) 4,282 properties had sold," notes Mike Nugent, President, Victoria Real Estate Board. "In the same six months this year (2016) 6,181 properties have sold. If sales continue at a similar rate, we may meet the total sales from last year by the end of the summer..."

Victoria real estate hit by "Perfect Storm"


We haven't seen this amount of activity for years. What's causing it? There are a variety of factors that contribute to the 'Sellers Market' we are experiencing:

  • Extremely low inventory of homes for sale
  • Borrowing rates at historic lows
  • Vancouverites cashing in and purchasing in Victoria
  • Seasonal & pent-up demand from active buyers in Victoria

 

 

If you have been waiting to sell, now might be the best time.

 

For a free Competitive Market Analysis of your home, contact:

 

Bruce McCallum, REALTOR®

DFH Real Estate

Victoria, BC

(250) 858-5762

bmccallum@dfh.ca

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