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All Blog Entries by Ron Neal

Found 874 blog entries published by Ron Neal.

Best Suburbs Near Victoria, BC

Nearly 400,000 people live in the metro area of the city of Victoria, British Columbia, to enjoy its Victorian architecture and breathtakingly beautiful natural landscapes. The pleasant climate and ample things to do year-round sweeten the deal considerably, making it easy to choose this area as the ideal place to live.

The most challenging part of moving to Victoria or the surrounding area is choosing between the city and all the most popular suburbs. From Saanich to Esquimalt, each offers a unique living experience, so they're all well worth exploring before selecting the best one. To get started on that journey, use this guide to explore the top eight suburbs in the area.

Sooke

Sooke sits about 50 minutes, or 40 kilometres, down the Juan De

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Lovely Updated Unit in a Very Desirable Concrete Building

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Immaculate, updated one-bedroom in a desirable steel and concrete gated community. 

The location of this condo is truly unbeatable, with easy access to the city's best restaurants, shops, and entertainment venues.

Enjoy a stroll along the Gorge Waterway, explore the nearby parks and trails, or take advantage of the convenient public transportation options. 

The amenities include a rooftop patio with stunning views of the Gorge Waterway, and an area with a workshop, kayak, bike, and motorcycle storage. 

The complex has a guest suite for out-of-town visitors for a nominal fee. 

The newly renovated Vic Boutique Hotel is located steps away and has a lovely cafe where you can

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May30-1  

Canadian Monthly Real GDP Growth (January 2022) -
March 31, 2023

Canadian real GDP jumped 0.5 per cent in January, falling a 0.1 per cent contraction in December. The rise in GDP was spread across both goods-producing industries (+0.4 per cent) and services-producing industries (+0.6 per cent). Growth was led by a rebound in oil sands extraction after unplanned maintenance in December, coal exports to China, durable goods manufacturing, and construction activity. Canadian real GDP is now roughly 3.2 per cent above its pre-pandemic, February 2020 level. Preliminary estimates suggest that output in the Canadian economy rose 0.3 per cent in February.

The large jump in GDP in January bucked expectations of continued slowing as tighter monetary

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Victoria Most Expensive Condos

When it comes to living the high life, you may be pleased to know that British Columbia's capital city, Victoria, has plenty to offer. Nearly 400,000 people call this city home, and many homebuyers moving to Victoria opt to live in high-rise condominiums.

Victoria's condominium complexes feature various amenities, floor plans, and a wide range of home prices. As a general rule of thumb, the higher a condo's floor or unit number, the higher the selling price; however, several factors contribute to pricing, especially location, unit size, building amenities, and in-unit features. Here's everything you should know about some of the most expensive condominiums in the city of Victoria, BC.

Customs House

Nestled in the heart of downtown Victoria,

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May30-1  

Canadian Inflation (February 2023) - March 21, 2023

Canadian prices, as measured by the Consumer Price Index (CPI), rose 5.2 percent on a year-over-year basis in February, a decrease from the 5.9 percent rate in January. This large drop was mostly due to base year effects, as inflation increased strongly this month last year. Grocery prices continue to rise too-quickly, up 10.6 percent from last year, the seventh consecutive month of double-digit annual price growth. Mortgage interest costs were up 23.9 percent year-over-year, the fastest pace since 1982, as Canadians renewed or initiated higher-rate mortgages. In contrast, the Homeowner's Replacement Cost, which tracks home prices, continued to slow, increasing 3.3 percent

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Schools and School Districts in Victoria

There's a multitude of reasons for moving to Victoria, British Columbia, including its wide variety of schools and universities. Most children travel short distances to attend classes because the city of Victoria has more than 100 primary and secondary schools. Some specialize in language immersion or preparation for college. Adult students can find several top-notch colleges in Victoria—including public research universities, technical schools and private career colleges—and continuing education classes at public high schools. Read on to learn the details about schools in Victoria.

Public Schools in Victoria, BC

Public School Options in Victoria, BC

Greater Victoria District 61 serves approximately 20,000 students across much of Victoria and several nearby locales, such as Oak

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A Quiet Nature Lovers Community 

Welcome to 2742 Alderbrook Place in the eclectic coastal community of Shirley BC, a quiet nature lovers community on Vancouver island just a short 20-minute drive past Sooke.

This charming property offers ocean views from the living room, kitchen, and primary bedroom and has a trail that leads you to the East end of French beach which is almost always vacant. 

Full privacy from everywhere on the 1.41 ace property with lots of room for parking and a detached two-car garage or shop. 

The main home has an open-concept vibe with vaulted ceilings, rustic wood floors a spacious kitchen, and a great room area perfect for lounging. 

In the corner, a cozy woodstove crackles as you look at the large bay windows

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Victoria Best Neighbourhoods

Set on the southeastern tip of Vancouver Island, Victoria is one of the oldest cities in the Pacific Northwest and one of the most popular for British Columbia homebuyers. The metro area's more than 350,000 residents enjoy a thriving Victoria economy, charming, unique neighbourhoods, and excellent access to the area's beautiful waterways and green spaces. Still, with a decision as significant as buying a home, deciding where exactly to put down roots can be challenging. So read on as we break down eight of the top neighbourhoods in Victoria, BC, and why they're worth a look.

Cook Street Village

Those looking to enjoy life in a quaint but bustling commercial district should check out Cook Street Village. The community straddles Cook Street from

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Vancouver Island Real Estate - In February 2023, a total of 794 properties were sold on Vancouver Island, according to the Vancouver Island Real Estate Board Area (VIREB) and the Victoria Real Estate Board Area (VREB), with VIREB reporting 334 sales and VREB reporting 460. 220 single family homes, 64 condos, and 50 townhomes were sold by VIREB. For further details on the VREB numbers, please refer to our full Victoria report by clicking HERE.

  Year/year Month/month
Single Family Dwellings -37% +33%
Condos -40% +52%
Townhomes -44% +39%

In February, the number of single-family homes listed increased year-over-year from 345 to 937, and from 861 in January. Likewise, condo apartment listings

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