In November of last year, the Victoria Real Estate Board released its MLS® Housing Price Index, or HPI. This is a statistical measurement that paints a more accurate picture of housing prices, by examining sale prices each month and using a data model to scrub outliers from the data set. Simply put, it is moreContinue reading “Sooke Real Estate Statistics – Now With 100% More HPI!”
Tag Archives: price
What Is Your Home Worth?
If you want to start an argument on the Internet, or anywhere else, for that matter, start talking about the pros and cons of owning vs renting your home. It’s guaranteed to get people fired up on either side of the argument. Of course, depending on your level of debate, you might never get invitedContinue reading “What Is Your Home Worth?”
Sooke Real Estate Sales Statistics – January 2012
Where did January go? A fun start to the new year, a short trip to New York, and a couple of snow days and all of a sudden it was February! I’m going to try to keep track of statistics for Sooke at the end of each month and post them here so you canContinue reading “Sooke Real Estate Sales Statistics – January 2012”
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”
Price vs Quality – How Much Does Marketing Influence You?
Wine and Real Estate – Is There A Difference? A recent study that was reported in the Times Colonist this morning suggests that people are highly influenced on their perceptions of quality by the price, which suggests that by simply pricing a particular product higher could influence its target market into perceiving it as higherContinue reading “Price vs Quality – How Much Does Marketing Influence You?”