Real Estate Blog

Victoria Real Estate Market Healthy Heading into Spring  

March 1, 2017 - A total of 675 properties sold in the Victoria Real Estate Board region this February, 12.6 per cent fewer than the 772 properties sold in February last year.

"Last month we discussed how 2017 won't match 2016 in terms of huge sales numbers, due to many factors including the present lack of inventory," says 2017 Board President Ara Balabanian. "In spite of the low inventory the real estate market in Victoria is robust. The ten year average for sales in February is 542, so we are well within expected numbers for this time of the year with 675 properties sold. In fact, this February's sales are the second highest in the past ten years. It is also possible that our market may have
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I do like to brag about the weather in Victoria BC


Ok so maybe I talk about it a little bit more than the next guy. Perhaps it's because I moved here from Montreal and Toronto where the weather is more challenging! In any event, here was my latest weather report from Victoria :-)

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The new development in Royal Bay, has an array of Custom homes for sale at a variety of price points, I was out there for the first time yesterday with some repeat clients to take a look around.

Take a look at all Colwood / Royal Bay homes for sale
All Victoria Condos here!

Also if you would like to see other homes for sale in Victoria BC or are interested in real estate investing in Victoria BC, search here with Stephen Foster of Macdonald Realty Start looking around :-)

Check out all the houses for sale in Victoria BC with this customized search for condos
All Victoria Condos here!

** Wondering what your condo or home is worth in Victoria BC? Stephen Foster will give you an instant home value assessment report
What is my Victoria Condo worth?


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Condo info 

Private suite east facing located at the corner of Oak Bay and Richmond Avenues. Walk to Oak Bay village as well as all of the other excellent amenities incl.OakBay rec, Jubilee Hospital, Uvic etc. 2 bedrooms,den & 2bath. Master with walk-in closet and full 4 piece ensuite. Large kitchen with a bright eating area & walkouts to balcony ,In-suite laundry. Living room features a gas fireplace.New Carpets, flooring throughout. Other great features: Cats 'n Dogs, BBQ allowed! The condo has secure underground parking,separate storage locker. This remediated and well managed complex has a new roof, new paint, tile & light fixtures througout and a long record of quality maintenance.

Check out the live open house we had!

With the crazy real estate

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1102-707 Courtney St, Victoria V8W 0A9

 11th floor SUITE over looking downtown Victoria. This condo for sale in Victoria BC is in The Falls.

A contemporary homage of architecture In concert with the Inner Harbour views & close to all the attractions of this intimate yet contemporary city of Victoria BC, The Falls feature an outdoor heated lap pool with hot tub overlooking the landmark Empress Hotel along with an executive gym, meeting rooms and outdoor fireplace for entertaining.

2 bedrooms & 2 bathroom. This Condo for sale features a generous master bedroom with walk-in closet and full 4 piece ensuite featuring marble countertops with under mounted sinks and walk in shower with soaker tub.. Large kitchen with custom granite countertops, a high end

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The Gulf Islands in British Columbia, Canada could rightfully so be called country's Magnificent Seven. The islands form a natural archipelago of seven different islands that are all awe-inspiring in their own way. They consist of Salt Spring Island, Galiano Island, Hornby Island, Valdes Island, Gabriola Island, Mayne Island, and Saturna Island. Located between Vancouver Island and the mainland Vancouver, they offer some of the best ways to get back in touch with nature. It is fast becoming a very wise decision to invest in gulf islands real estate before it is too late.




Salt Spring Island is by far the most heavily populated of all of the islands. This goes hand in hand with the fact that it also offers the most amenities. Boasting a population

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Located just off of the western coast of Canada on Vancouver Island, you’ve probably heard that the capital city of Victoria is a rare gem at the tip of the island. Victoria weather is not too cold, and it’s summer’s aren’t extreme. With weather trying to make up it’s mind all the time, here’s a tip for the newcomers - keep an umbrella in the trunk.

Now I’m here to tell you, because I know Victoria very well, that if you are thinking of moving to Victoria B.C, please please please, think again. This city is ancient and boring, with houses dating back to the Victorian Era, you know they’re about to crumble... or maybe they are strong enough to last forever?



Hatley Castle - Royal Roads


You know that if you come here, you’re only going to be

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Victoria Real Estate Market Starts the Year with Fewer Listings and Above Average Activity

February 1, 2017 - A total of 478 properties sold in the Victoria Real Estate Board region this January, 11.3 per cent fewer than the 539 properties sold in January last year.

Inventory levels edged lower, with 1,516 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2017, 38.6 per cent fewer than the 2,471 active listings at the end of January 2016.

“The numbers we saw last year are not the new normal. We know that we are not going to see sales volumes this year that meet or beat last year’s record breaking numbers,” notes 2017 Board President Ara Balabanian. “When compared to the month of January’s ten year

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Last fall, we got a flurry of news in regards to Uber and its potential market in British Columbia. From Uber touting their confidence that BC will allow rideshare no problem, and in November, news that the Vancouver Council voted in favour of extending the moratorium on issuing new taxi licenses for another year. In lay terms? That meant no new taxis would be introduced until at least October 2017, making it impossible for Uber to break into the market. Fast forward to November, and we got a heads up that the fate of Uber might be revealed a little sooner than we thought. With the provincial government just around the corner, we’ll know pretty soon whether or not Uber or other ride-sharing services will be introduced to the province. Let’s just say

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Victoria Real Estate Market's Record Breaking 2016, Demand Likely to Continue in 2017

January 3, 2017, Victoria BC 

A total of 471 properties sold in the Victoria Real Estate Board region this December, 1.3 per cent more than the 465 properties sold in December last year.

Victoria Market Report



Inventory Levels

Inventory levels edged lower than last year, with 1,493 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2016, 40.7 per cent fewer than the 2,517 active listings at the end of December 2015.


"As we expected, 2016 broke records in terms of the number of properties sold in our area," notes Mike Nugent, outgoing 2016 President of the Board. "10,622 properties sold, which

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