Last month’s data from our Member Market Survey has just been released by the Victoria Real Estate Board. Each month, agents who’ve completed one ore more transactions while acting on behalf of 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 did not represent the largest segment of the buying population, with 27.85% identified as such
- More people moved into a condo or townhouse from a single family home than vice versa (10.76% vs 8.23%).
- Once again, single females bought more properties last month than single males. (23 vs. 16)
- One in five buyers were classified as empty-nesters/retired.
Check out the full details of this month’s survey here.
–Tim Ayres – Sooke Real Estate Professional
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