It’s been a promising start to the spring market, with over 500 new listings providing buyers with more options. Stable prices were also highlighted as positive for both buyers and sellers. Active listings increased by 10.5% from January and 30.7% from February 2023, reaching 2,364.
This much needed inventory gives buyers more selection and more time to make their purchasing decisions. We’ve also seen prices continue to remain stable, which is excellent for buyers and sellers because it makes the transaction much more predictable.
With the spring market upon us, it’s a time for new beginnings. Over the past couple of years, there have been changes in the real estate landscape. If you’re looking for a personalized market update and home equity review, our team with a combined 72 years of real estate experience in the Victoria market is here to assist you. Let’s work together to navigate these changes and make informed decisions for your real estate investments. Resource: VREB Please contact us at