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