House Hunt Victoria
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Discover trends, information, and opinions on the Victoria real estate market. House Hunt Victoria's blog serves as a discussion forum to discuss everything related to the local housing market and provide unbiased data and a deep dive into the trends and factors that affect the local market with an emphasis on evidence-based analysis.
House Hunt Victoria
6d ago
New listings have been on a tear in April, and it’s worth looking at what might be behind the increase. Ever since rates jumped two years ago and people started facing huge increases in their ..read more
House Hunt Victoria
1w ago
Ever since polling numbers collapsed last summer, the federal government has been on a speedrun to reverse the (arguably well justified) perception that they have done a disastrous job on housing. Though I would argue ..read more
House Hunt Victoria
2w ago
After 6+ years of price stagnation following the Great Financial Crisis, two things turned the market around in 2014/15: the improvement of affordability from years of dropping rates and rising incomes, and the start of ..read more
House Hunt Victoria
3w ago
It’s the start of the spring market, and so far it’s a little lacklustre. Sales in March came in exactly where they were a year ago, which is a relative level they’ve been stuck at ..read more
House Hunt Victoria
1M ago
Much has been written about the surge in population growth in recent years, and indeed year over year growth in B.C. has spiked to levels that we have not seen in many decades. Many have ..read more
House Hunt Victoria
1M ago
From 1981 to 1991, interest rates dropped by 43%. From 1991 to 2001, interest rates dropped by 42%. From 2001 to 2011, interest rates dropped by 54%. From 2011 to 2021, interest rates dropped by ..read more
House Hunt Victoria
1M ago
A while back Gregor Craigie (local CBC radio host and author) reached out to discuss my take on some of the root causes of the housing crisis. We’d discussed some aspects before on his show ..read more
House Hunt Victoria
2M ago
The leap year saved the market from year over year sales declines, with 29 sales reported on the 29th bringing us to 470 total for February, just 10 over the year ago figures. So ..read more
House Hunt Victoria
2M ago
It’s election season and that means the vote-buying goodies are starting to flow. First time buyers have long been able to get a break on the property transfer tax, but the purchase price limit of ..read more
House Hunt Victoria
2M ago
The median condo went for $540,500 in January, which is down from a very short-lived peak of around $600k in the spring of 2022. Outside of that market mania, prices haven’t really moved since late ..read more