BC and Vancouver Island Recessions, Potholes, Flooding, Gas Prices, And Other Things Amiss

What the hell? I leave the Island for 10 days and it falls apart on me? I got back on late Sunday night from a week in Mexico to attend my cousin’s wedding and generally unplug from the world for awhile. On that note, an all-inclusive resort with 40 friends and family and really expensiveContinue reading “BC and Vancouver Island Recessions, Potholes, Flooding, Gas Prices, And Other Things Amiss”

Sooke’s Sunriver Estates is On Sale

Driving home from a shift at Royal LePage’s Mayfair Mall kiosk last night, I heard a radio ad on CFAX 1070 for Sunriver Estates. They are offering a “builder’s coupon” discount of $15,000 for purchasers. The popular planned community along the Sooke River is obviously experiencing a slowdown in sales like everyone else, so thisContinue reading “Sooke’s Sunriver Estates is On Sale”

It’s Official: October Sucked. Victoria BC MLS Real Estate Statistics October 2008

The stock markets crashed. Billions were pulled out of mutual funds. Banks were bailed out. We were all subjected to hearing Sarah Palin speak. And now this reminder of the worst month in history, ever ™. The monthly real estate statistics from the Victoria Real Estate Board were (mercifully) delayed by a few days dueContinue reading “It’s Official: October Sucked. Victoria BC MLS Real Estate Statistics October 2008”

2007: A Surprising Year for Victoria and Sooke Real Estate

Year-end and December 2007 Statistics Released The Victoria Real Estate Board has released the December 2007 and year-end statistics: Real Estate Records Broken in 2007 The value of all property transactions through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) hit a new record of over $4.1 billion in 2007, up from $3.3 billionContinue reading “2007: A Surprising Year for Victoria and Sooke Real Estate”

Record prices, Sales up from 2006 – Victoria MLS® Statistics November 2007

As expected, the surprisingly busy November numbers reflect a continued strong market.   December 3, 2007 The Victoria area real estate market continued to show exceptional strength last month with strong sales and record average prices for single family homes and townhomes. There were 623 sales through the Victoria Real Estate Board’s Multiple Listing Service®Continue reading “Record prices, Sales up from 2006 – Victoria MLS® Statistics November 2007”

Home Prices Rise Modestly in Victoria, Vancouver: BCREA

News Release from the BC Real Estate Association: For immediate release Home Prices Rise Modestly in Vancouver and Victoria Vancouver, BC – November 21, 2007. British Columbia Real Estate Association (BCREA) reports residential sales volume on the Multiple Listing Service® (MLS®) in BC climbed 23.5 per cent to $3.40 billion in October, compared to theContinue reading “Home Prices Rise Modestly in Victoria, Vancouver: BCREA”

Victoria BC Real Estate Board MLS® Statistics – October 2007

I don’t think you’d find a real estate professional in the Victoria area who’d tell you they expected 2007 to outperform 2006. Everyone said the market was plateauing, that we should expect properties to sit on the market for months, and see price reductions left, right and center. The doomsday prophets predicted the credit problemsContinue reading “Victoria BC Real Estate Board MLS® Statistics – October 2007”

Victoria and Area Real Estate MLS® Statistics – September 2007

More good news from your friends in the statistics department. Remember to spread this news around – it’s important to keep consumer confidence high with all the rumblings of doom and gloom down south! Real Estate Market Sizzles in September October 1, 2007 The strong real estate market throughout Greater Victoria showed no signs ofContinue reading “Victoria and Area Real Estate MLS® Statistics – September 2007”

BC Home Sales Sheltered From US Market Woes

Hello fellow professionals. More evidence today from the BC Real Estate Association that our market in British Columbia is continuing to thrive despite the implosion in the United States brought on by the sub-prime mortgage issues and economic difficulties. Below is the release. Those of you with blogs or e-mail newsletters, you need to getContinue reading “BC Home Sales Sheltered From US Market Woes”

A Coming of Age for Canada’s Economy?

Is the continued diversion of Canada’s economy from the USA’s a sign that we’ve grown up? Picture two brothers. The older brother is wildly successful, and the younger brother looks up to his senior sibling all his life, often modeling certain parts of his life after his counterpart. The years go on, and younger brotherContinue reading “A Coming of Age for Canada’s Economy?”