Greater Victoria BC Real Estate Market Update for February 2024

 


This is the Greater Victoria Real Estate Market Update for February 2024 The market update data is from the Victoria Real Estate Board released March 1, 2023. (82S) Enjoy! Gary and Rosemary "We Love People And We Love Homes!" Thanks for Watching!

Location: Victoria, BC, Canada

Comments

Post a Comment

Popular posts from this blog

Image
  Video Update This is the Greater Victoria BC Real Estate Market Update June 2024. The data is from the Victoria Real Estate Board released January 2, 2025. Note that in the video we use Median prices as we feel this better represents the market changes than average pricing. Video Link:  https://randg.video/106S (Please Like, Subscribe, Share, and click on the Notification Bell of the video to get our weekly videos and content) If you want to chat to find out more about buying or selling in Victoria, finding out the value of your home, or any other real estate topic then simply book a Phone or Zoom call at this link:  https://calendly.com/gary_sims To subscribe to receive notifications of our YouTube video releases and newsletters please use this link:  https://randg.video/subscribe-video-newsletter Written Update This is the Greater Victoria BC Market Update for December 2024 from the Victoria Real Estate Board. Total sales were 421 properties, down 23.6% from last...
Read more

Greater Victoria MORTGAGE Rate PREDICTIONS 2024 - CANADA

Image
  This Week's Video We are pleased to announce this week's New Video! Do you want to know what is happening to Canadian Mortgage interest rates? This video is about the Greater Victoria mortgage rate predictions in fall 2024 through 2025. Recently, I did 3 videos about the Bank of Canada overnight lending rate changes and this is a follow up of the changes discussed in those videos and how this is affecting the upcoming mortgage interest rates. You can view this video at this link: ( Video:100 )  or Click the Image Above. Please take a few minutes to view our new video and please help us to get the word out about our site by "Liking" the video, "Sharing" it with a friend or two, and " Subscribing " to our  YouTube Channel . This helps us to produce future videos. 100th Video Contest With the release of this video, we are celebrating the release of our 100th YouTube Video with a contest and prizes. Don't miss that! You can enter our contest at t...
Read more

Bank of Canada Overnight Rate Drop - Did Mortgages Go Down?

Image
On July 24th the Bank of Canada Overnight Rate dropped, For the second time this year, the Bank of Canada has dropped their overnight rate by .25% down to 4.5%. So, what does this all mean? Are mortgage rates going to come down? How come the posted mortgage rates did not seem to come down when the June 6 drop of .25 happened? This video gives you an overview of what was happening in the recent Bank of Canada rate drops, why we did not notice a significant reduction when the over night rate started to drop, some best practice tips to be ready for your purchases and some calculator tools to help you analyze the impact of the rate changes on your interest costs and month payments.  Thank you, Gary and Rosemary Gary Sims Victoria Homes DFH Real Estate Ltd. Victoria B.C. Canada We love people and we love homes! Video: 91
Read more