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Bank Of Canada Interest Rate Decrease

Posted by & filed under B.C. Real Estate, Blog Post, Canadian Real Estate, Economics, In the News, Mortgage Trends, Real Estate Financial Resources, Victoria BC.

The Bank Of Canada lowered the overnight rate by 25 basis points this morning, full details from the British Columbia Real Estate Association (BCREA) are here: BCREA ECONOMICS NOW Bank of Canada Interest Rate Announcement – July 15, 2015 The Bank of Canada announced this morning that it is lowering its target for the overnight […]

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Victoria Home Sales Trend 34% Higher in June

Posted by & filed under B.C. Real Estate, Blog Post, Buying a Home, Luxury Real Estate in Victoria, Selling a Home, Statistics, Victoria BC, Victoria Real Estate Trends.

The Victoria Real Estate Board (VREB) released the June 2015 sales statistics, expect a full update later today and tomorrow in the media (and here), in the near term, sales volumes were up 34% in June versus the same month last year with 910 sales this year compared to 680 sales in June 2014. While […]

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Over $50M in Yachts Arrive for Canada Day

Posted by & filed under Blog Post, In the News, Luxury Real Estate, Victoria BC.

Victoria BC attracts a lot of visitors thanks to the beautiful scenery and historical properties, castles, hotels, and of course the luxurious inner harbour which is home to luxury vessels including million dollar yachts and sailboats. Luxury Yachts in Victoria BC Inner Harbour The ship on the left, the superyacht ‘Zenith’, cost $41M to build, […]

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Jubilation & Kites!

Posted by & filed under Charity, In the News, Victoria BC.

This weekend, May 29th – May 31st is a bit special for Victoria BC as we have the 50th Anniversary Jubilation event put on by the VCM at the Alix Goolden Performance Hall, plus the 2nd Annual Victoria Kite Festival at Clover Point in Fairfield. VCM 50th Anniversary Jubilation On Saturday evening, the 30th of […]

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Award Winning Architecture in Victoria BC

Posted by & filed under Blog Post, Technology, Victoria BC, Victoria Real Estate Info.

Victoria is more than just beautiful coastal living and luxury homes, we have some incredible community buildings/architecture that we work/play in also! Beautiful Community Buildings The effort and talent that goes into the design and construction of our community buildings is a lasting tribute to the people of Victoria. The Songhees Wellness Centre The $21 […]

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Spring Market Arrives Early – Sales Up Year Over Year

Posted by & filed under B.C. Real Estate, Blog Post, In the News, Statistics, Victoria BC, Victoria Real Estate Info, Victoria Real Estate Trends.

March 2, 2015, Victoria BC – The Victoria Real Estate Board today released its report on real estate activity in the Victoria area for February 2015. 542 properties sold in the Victoria region this February, a 31.6% increase compared to the 412 properties sold in the same month last year and a 54.4% increase compared […]

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Where in the world did Luxury Real Estate buyers come from in 2014?

Posted by & filed under B.C. Real Estate, Blog Post, Canadian Real Estate, Economics, Luxury Real Estate in Victoria, Statistics, Update, Victoria Real Estate Trends.

New years often bring reflection on the past year. Given how important a review of 2014 can be for the luxury housing market in 2015, we are very eager to dive right in and review the year in full. Reflecting on Realty in 2014 2014 was an exciting year for luxury real estate in Victoria […]

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Transition Tax Coming To An End

Posted by & filed under B.C. Real Estate, Buying a Home, Selling a Home, Victoria BC.

Real estate transactions where the property is new or substantially renovated, and where construction was 10% complete or further as of April 1, 2013, are currently subject to the GST and the provincial Transition Tax (TT) in British Columbia. The TT is about to come to an end, so for transactions where ownership (possession) occurs […]

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