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September 2016

Found 2 blog entries for September 2016.

Every day I reflect in appreciation for my good fortune and feel very blessed for the opportunity to help others and to give back. Those with generous giving hearts know exactly what I mean when I say that "it feels selfish to give", for the feeling of joy that accompanies giving. It's euphoric and addictive. We can't give too much, it will always come back to you and more.

The spirit of giving extends throughout the RE/MAX organization internationally and I have the awesome good fortune to call thousands of kind and generous spirited colleagues "friend".

One such friend is Bruce Johnson from Wasaga Beach, Ontario. I first met Bruce at conference wiping away tears following him sharing his story on stage in front of a few thousand RE/MAX Agents.

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Following the introduction of the new 15% tax on foreign buyers in Metro Vancouver there has been much discussion and speculation on the impact, if any, we were likely to see in Victoria. From my personal observations we have not seen an increase in foreign buyers coming to Greater Victoria. We have seen a decline in the number of inquiries from residents of the lower mainland.

The reality in our marketplace is that we are continuing to experience record sales with upward pressure on prices due to the lack of properties for sale. We have the lowest inventory we’ve had in 20 years with just 2,094 active listings at the end of August 2016 down 43.2% from 3,688 listing at the end of August 2015. There were 883 properties sold in August, up 19.2% from 741

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