July 2025 Victoria Real Estate Board Market Statistics

As we moved through July, the Victoria real estate market showed encouraging signs of balance—offering both buyers and sellers some breathing room during the typically slower summer months. A total of 680 properties changed hands in the Victoria Real Estate Board (VREB) region this July. That’s a 4.

Canadian Economic Growth (May 2025)

Canadian real GDP decreased by 0.1 per cent in May, following a 0.1 per cent decrease in April. Service-producing industries remained unchanged, while goods-producing industries edged down by 0.1 per cent. Thirteen out of twenty major industries contracted from the previous month, led by broad-based

BC Monthly Real GDP Estimate for May 2025 & Preliminary Estimate for June 2025

The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for May was 1.5 per cent, a rebound from just 0.7 per cent in April. For comparison, year-over-year growth in the Canadian economy in May was 1.2 per cent. Our preliminary estimate for June show