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May 2016

Found 1 blog entry for May 2016.

 

Real estate is now selling at a frantic, borderline chaotic rate here in Greater Victoria. The pace experienced for the past few years in Vancouver is now spreading to the island and other parts of BC. There wasn’t much time for sleep in the real estate business last month here in Victoria as we blasted past all time record sales standing since May 1991, the month before I was first licensed.

There were a total of 1,286 properties sold in Greater Victoria for the month, a more than a 50% increase for VREB for the month compared to last year with 840 sales (which was by no means a slow month!). For the first time since 2007 on the way to our busiest month ever, The Neal Estate Team exceeded one sale per day for the month meaning we represented the

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