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April 2016

Found 1 blog entry for April 2016.

On a frequent regular basis I’m asked “How’s the market Ron?” I’m also asked to predict the future! Of course there are many factors that contribute to our market including unpredictable and unforeseen forces that can and do often have sudden impact. The fact is that the current trend is a rising market, after several years of a flat or down market for Greater Victoria (while prices rose in other areas including Vancouver and Calgary). It’s all part of a somewhat predictable cycle. It’s our turn!

Today our market is a bit crazy actually, significantly under supplied with seeming insatiable demand and a critical shortage of listings available. While the market activity is reaching into more rural areas and all property types and price ranges, it varies

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