More time & choice in the Victoria market

 June 3, 2024  A total of 763 properties sold in the Victoria Real Estate Board region this May, 1.5 per cent fewer than the 775 properties sold in May 2023 and a 12.5 per cent increase from April 2024. Sales of condominiums were down 5.2 per cent from May 2023 with 235 units sold. Sales of single family homes exactly matched the number from May 2023 with 399 sold.

"Spring is generally prime time for real estate in Victoria," said 2024 Victoria Real Estate Board Chair Laurie Lidstone. "And May is typically when we are at or near to the peak of activity in our property market. This May was another stable month for both buyers and sellers. With more inventory on the market, consumers had more choice…

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Spring property market brings positives for Buyers & Sellers in Victoria

May 1, 2024  A total of 678 properties sold in the Victoria Real Estate Board region this April, 6.4 per cent more than the 637 properties sold in April 2023 and a 15.3 per cent increase from March 2024. Sales of condominiums were up 1.5 per cent from April 2023 with 208 units sold. Sales of single family homes increased 3.7 per cent from April 2023 with 337 sold. 

“The spring market in Victoria kicked off with a gentle increase in sales when compared to last year and continued stable pricing,” said 2024 Victoria Real Estate Board Chair Laurie Lidstone. “These factors, combined with growth in the available inventory, has created a welcoming and more balanced market for buyers…

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What is Capital GainS Tax?

Capital gains in Canada refers to the appreciation in value of any asset or investment since its purchase. When you sell the asset such as a property, at a higher price than what you paid for it, the profit made from the sale is considered a capital gain. This applies to various types of properties including cottages, second homes, investment properties or rental units. So as a Realtor, understanding capital gains is crucial for effectively advising clients on their property transactions and investments.

What are the changes coming to the Capital Gains Tax?

  • Budget 2024 announces the government's intention to increase the inclusion rate on capital gains realized annually above $250,000 by individuals and on all…

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Little change in the housing market this Spring could mean a potential Buyers Market


The Canadian real estate sector displayed minimal fluctuations in March 2024, with both home sales and prices maintaining a steady course. Transactions documented through Canadian MLS systems experienced a marginal uptick of 0.5 percent compared to the previous month, yet remained below the ten-year average.

Similarly, the MLS Home Price Index (HPI) demonstrated marginal movement, dipping by 0.3 percent month-over-month. Analysts suggest that the current landscape, characterized by elevated interest rates and speculation regarding potential rate adjustments, may be influencing market dynamics.

Canadian consumers appear financially strained, potentially…

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Victoria Market Report - April.2024

Supply still key to Victoria's housing market

April 2, 2024  A total of 588 properties sold in the Victoria Real Estate Board region this March, 0.3 per cent fewer than the 590 properties sold in March 2023 but a 25.1 per cent increase from February 2024. Sales of condominiums were down 10.2 percent from March 2023 with 177 units sold. Sales of single family homes increased 1.8 percent from March 2023 with 286 sold.
"We've concluded a rather quiet first quarter and are transitioning into the spring market," said 2024 Victoria Real Estate Board Chair Laurie Lidstone. "Many of our local REALTOR® members are noting that more shoppers are coming into the market - but this has not necessarily translated into…

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Victoria Market Report - Mar.2024


More inventory means greater opportunity in Victoria real estate market

March 1st, 2024 - A total of 470 properties sold in the Victoria Real Estate Board region this February, 2.2 per cent more than the 460 properties sold in February 2023 and a 37.8 per cent increase from January 2024. Sales of condominiums were down 5.6 per cent from February 2023 with 152 units sold. Sales of single family homes increased 1.8 per cent from February 2023 with 224 sold.

“We saw glimmers of a start to the spring market over the course of February,” said 2024 Victoria Real Estate Board Chair Laurie Lidstone. “In addition to the increase in sales, more than five hundred new listings came to market when compared to last year’s…

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Simple Changes For
Significant Resale Value






Enhancements in and around the home not only enhance your overall quality of life but also contribute to an increase in the property's value, particularly if you're contemplating a sale. Numerous factors can positively impact a homes value with the potential to elevate your home's worth.

Consider the following key aspects when aiming to increase your property's value. Not all home improvement projects are equitable, so it is crucial to work with a real estate professional to determine what buyers want and what projects will give you a return for when selling your home.

The best return on investment home improvements include:

Kitchen Remodel

The kitchen, often considered the heart of the…

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The Selling ProcesS

In the dynamic world of realestate, selling a property requires a strategic and comprehensive approach. As a dedicated professional in my field, my mission is to provide unparalleled services to my sellers, ensuring a seamless and successful selling experience. From strategic marketing to personalized guidance, here is a glimpse of the exceptional real estate services I offer to those looking to list their property with me. 

Strategic Pricing Analysis

Not all properties are the same and setting the right price is crucial to attract potential buyers and maximize returns. There are many factors that will impact a listing price including the current condition and age of your home, the topography of your location,  access to…

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Victoria Market Report - Feb.2024

A balanced market means opportunity for buyers & sellers in Victoria

February 1, 2024  A total of 341 properties sold in the Victoria Real Estate Board region this January, 22.7 per cent more than the 278 properties sold in January 2023 and a 3.6 per cent increase from December 2023. Sales of condominiums were up 10.9 per cent from January 2023 with 112 units sold. Sales of single family homes increased 35 per cent from January 2023 with 162 sold.
  "Our housing market eased into the new year with a renewed sense of balance," said 2024 Victoria Real Estate Board Chair Laurie Lidstone. "Sales were up slightly based off last year's very low numbers, and overall, we saw the stabilization that we observed in late…

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Victoria Market Report - Jan.2024

The 2023 Victoria real estate market year in review 

A total of 329 properties sold in the Victoria Real Estate Board region this December, 2.8 per cent more than the 320 properties sold in December 2022 and a 16.5 per cent decrease from November 2023. Sales of condominiums were up 14.9 per cent from December 2022 with 108 units sold. Sales of single family homes increased 1.3 per cent from December 2022 with 158 sold.

A grand total of 6,207 properties sold over the course of 2023, 8.77 per cent fewer than the 6,804 sold in 2022.

“I’ve spoken a lot this year about our market’s return to traditional seasonal patterns,” said 2023 Victoria Real Estate Board Chair Graden Sol. “And at the conclusion of 2023…

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