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Victoria in top spot on Christie's global luxury housing markets list

Victoria in top spot on Christie's global luxury housing markets list

Greater Victoria is on top of the world when it comes to the “hottest” housing markets around the globe, according to Christie’s International Real Estate.
Feds announce new national housing fund

Feds announce new national housing fund

Through new fund, CMHC will create up to 60,000 affordable units across ѻý and renew up to 240,000 more
Victoria is sixth-priciest city in ѻý for one-bed rents: survey

Victoria is sixth-priciest city in ѻý for one-bed rents: survey

City is third most-expensive in ѻý for both one- and two-bed rental units, after Vancouver and Burnaby
Boomers cashing in on high-value homes to buy vacation properties

Boomers cashing in on high-value homes to buy vacation properties

Retirees driving demand for recreational real estate
James Bay condo development on duplex lots gets narrow nod

James Bay condo development on duplex lots gets narrow nod

Victoria council narrowly approved a 12-unit strata development on Montreal Street, even though veteran councillor Pam Madoff warned it would be “destabilizing” much of James Bay.
ѻý home price trajectory flattens with slow sales, more listings

ѻý home price trajectory flattens with slow sales, more listings

Rising inventory creates “less upward pressure on prices”
Residents ask ѻý court to review Saanich’s approval of Cordova Bay development

Residents ask ѻý court to review Saanich’s approval of Cordova Bay development

Saanich residents frustrated with council’s approval of a four-storey condo-retail development in Cordova Bay are seeking a judicial review in ѻý Supreme Court. Council voted 8-1 on Jan.
Uncertainty about whether $90M is enough to build 2,010 rental units

Uncertainty about whether $90M is enough to build 2,010 rental units

Will a $90-million affordable housing initiative by federal, provincial and regional governments actually create 2,010 rental units in Greater Victoria over the next four years? Casey Edge, executive director of the Victoria Residential Builders Asso
Overspending on rent has become the ‘new normal’

Overspending on rent has become the ‘new normal’

More Victoria renters spending above acceptable threshold of income on housing than national average
86% of British Columbians want to curb foreign and speculative investment

86% of British Columbians want to curb foreign and speculative investment

Six in 10 survey respondents think it’s time to consider a foreign buyer ban on ѻý real estate