Vancouver Island-Coast Housing Market Update: Spotlight on Victoria
A Promising Start to 2025 The Vancouver Island-Coast region, including Victoria, kicked off 2025 with a housing market showing signs of resilience. Sales began slightly higher than the same time last year, though they remain below the ten-year average. February painted a dimmer picture, with uncerta
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BC Real GDP Growth Slows to 1.2% in February 2025, Slight Uptick Expected in March
The BCREA Nowcast for British Columbia’s economy shows a continued trend of modest growth in early 2025, reflecting a broader pattern of post-pandemic stabilization and the impacts of international trade developments. According to the most recent data, the province’s real GDP is estimated to have gr
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Victoria BC Real Estate: Navigating the Rental Market and Borrowing Costs
The housing market is influenced by key factors like rental prices and borrowing costs, which impact renters and homebuyers alike. Using recent data, this blog examines trends in asking rents for 1- and 2-bedroom units in Victoria and Vancouver, alongside changes in mortgage rates across Canada. By
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