Benchmark value for single-family home now over $1M in Great

Benchmark value for single-family home now over $1M in Greater Victoria core


Prices are climbing as demand outstrips supply and sales numbers jump.
The capital region is facing a tight inventory with just 1,450 properties for sale — down 43 per cent from May 2020.
Board president David Langlois predicts strong demand will continue, which means the region needs to support the creation of a housing market that can respond to population growth and evolve with community needs. “Victoria is an amazing place to live and we will continue to see demand for property here,” Langlois said Tuesday.
Langlois praised the City of Victoria for moving to fast-track non-profit developments.
In May, the benchmark value for a Greater Victoria ­condominium rose to $521,000 from $487,000 in the same month in 2020.

Related Keywords

Esquimalt , British Columbia , Canada , Saanich , David Langlois , , Oak Bay , View Royal , Victoria Real Estate Board , Greater Victoria , Local , எஸ்‌க்விமல்‌ட் , பிரிட்டிஷ் கொலம்பியா , கனடா , சாணிச் , டேவிட் லாங்லோயிஸ் , ஓக் வளைகுடா , பார்வை அரச , விக்டோரியா ரியல் எஸ்டேட் பலகை , அதிகமானது விக்டோரியா , உள்ளூர் ,

© 2025 Vimarsana