February 2018 Real Estate Update

2020-12-17T19:01:55+00:00

Almost all major markets in British Columbia saw sales fall in February as compared to February 2017. The Victoria market was the hardest hit, seeing sales fall year-over-year by almost 20% for the month.  Rising interest rates and government policy decisions are the likely culprits for the cooling of the market, though the Bank [...]

February 2018 Real Estate Update2020-12-17T19:01:55+00:00

January 2018 Real Estate Update

2020-12-17T19:01:55+00:00

Speculation continues that the increases to interest rates and changes to the mortgage rules will result in relief from the booming real estate market. However, for another month, prices rose, and sales increased across almost all major markets in the province.  The changes to the mortgage rules have resulted in almost 20% more mortgages [...]

January 2018 Real Estate Update2020-12-17T19:01:55+00:00
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