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Victoria BC Real Estate Buyers Profile – February 2010

The Johnson Street Bridge, Victoria. Photo credit: Sylpherware on Flickr

The latest data from our Member Market Survey has just been released by the Victoria Real Estate Board. Each month, agents who’ve completed a transaction while acting for a buyer are polled on various questions about their buyers. The goal is to get a snapshot of the situation on the street directly from agents who are actively involved serving their clients.

Highlights from this month’s data:

  • First-time buyers represent the largest segment of the buying population, with 36.5% identified as such
  • Interestingly, the number of people moving from a single family home to a condo or townhouse was nearly the same as those moving from one property to a similar one.
  • Single females bought more houses last month than single males.
  • Only one buyer came from outside of Canada last month.

Check out the full details of this month’s survey here.

Tim Ayres – Sooke Real Estate Professional

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