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Victoria's housing market, home prices and values


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#3481 lanforod

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Posted 21 April 2021 - 11:46 AM

Plus you need a place to live.

#3482 Mike K.

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Posted 21 April 2021 - 11:59 AM

There’s that, too. $200k every ten years, conservatively.

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#3483 UDeMan

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Posted 21 April 2021 - 12:25 PM

Don't forget property tax, insurance, utilities, garbage collection. Total costs at least 10k a year on the average house now.

The cost of ownership is more than just the mortgage payment.

Edited by UDeMan, 21 April 2021 - 12:28 PM.


#3484 Citified.ca

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Posted 03 May 2021 - 11:57 AM

What a difference a year makes. From 287 sales last April to 1,116 this April, and that's despite a record-low level of re-sale inventory of only 1,456. That's nearly a 1:1 ratio of listings to sales, which is unheard of.

 

Condos and townhomes deliver new price records in April as Victoria real-estate hums along

https://victoria.cit...ate-hums-along/


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#3485 Citified.ca

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Posted 10 May 2021 - 12:45 PM

Adam Cooper of Abstract Developments discusses local efforts to boost the housing supply and keep housing prices attainable.

 

Ten-on-the-10th-May-2021.jpg

Adam Cooper of Victoria-based real-estate development firm Abstract Developments talks about the challenges of delivering affordable housing in Greater Victoria, and what's being done about it, in May's Ten on the 10th.

 

Victoria housing delivery and affordability Q&A with Adam Cooper of Abstract Developments

https://victoria.cit...t-developments/


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