Victoria BC - September's figures

By
Real Estate Agent with DFH Real Estate, Victoria, BC 800-668-2272

 Victoria BC

 

Although there has been a very slight inventory reduction of active properties for sale in the last week, Victoria has seen a bit of a slowdown in the marketplace for residential housing - but nothing like the US. Contributing factors could be seasonal; the setbacks seen in the Canadian and US stock markets; financial challenges in Europe, Greece, etc. Overall, Victoria remains healthy and in some ways is 'insulated' from the global economic situation.

Additional good news is that credit rates are still very affordable for those Buyers ready & willing. Financial gurus are predicting rates will remain as is for a considerable time...

At a glance:

September 23-30, 2011

13 fewer active properties for the last 7 days

Market Watch sept 23-30

 

Up to September 26, 2011 vs September 2010

11% fewer sales

12% fewer new listings

10% more  total active listings


Sept 2011 vs Sept 2010


Looking for that special property in our beautiful city?

I'm happy to help.


 

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Rainmaker
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Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

Great information for consumers, I thank you for sharing with us, good luck!

Sep 30, 2011 06:11 PM #1
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Rainer
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Bruce McCallum

Homes In Victoria BC
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