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Victoria's housing market, home prices and values


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#4421 spanky123

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Posted 06 July 2022 - 07:57 AM

^ 3 flights a day to Calgary, 6 to Vancouver and 1 to Toronto. Not bad for a regional airport.

 

You can spend a million dollars for a home in Nanaimo or Qualicum Beach these days without looking to hard. Less expensive than Victoria for sure but catching up.


Edited by spanky123, 06 July 2022 - 07:57 AM.


#4422 Barrrister

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Posted 06 July 2022 - 08:06 AM

They have decided that spending winters in Santa Barbara with a condo in Toronto is more their cup of tea. Considering what crappy winter weather we have,, I am not sure that they are wrong.



#4423 Mike K.

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Posted 06 July 2022 - 08:43 AM

95% of Canada would think they are wrong, but hey, different strokes...


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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.


#4424 spanky123

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Posted 06 July 2022 - 09:00 AM

95% of Canada would think they are wrong, but hey, different strokes...

 

Hey I know people who snowbird in the US simply so they can pay for a private medical insurance policy and actually get treatment when they need it.


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#4425 Mike K.

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Posted 06 July 2022 - 09:31 AM

Oh sure, but the deciding on retiring “to Toronto” is hair brained by Canadian standards. You must -really- like the Raptors to do that sort of thing.

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#4426 spanky123

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Posted 06 July 2022 - 10:09 AM

^ Depends what you are looking for. If arts, entertainment, culture, dining and activities are important to you then Toronto isn't a bad place to be when it isn't snowing. 



#4427 Citified.ca

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Posted 10 July 2022 - 01:33 PM

Some food for thought on changing mortgage rates.

 

Ten-on-the-10th-July-2022.jpg

Peter Fast of Canada ICI Capital discusses the changing interest rate environment, and opportunities in a market undergoing change.

 

Q&A on changing mortgage rates and the current lending environment with Peter Fast of Canada ICI Capital

https://victoria.cit...da-ici-capital/


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#4428 Barrrister

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Posted 10 July 2022 - 06:26 PM

For half the year Toronto is a great city with lots going on in way of theater, culture and sport, Victoria cannot even begin to compete. . If you snowbird down south then it is miles ahead of living in Victoria year round. On the other hand maybe a walk down Pandora is your idea of culture. One of the big assets Victoria had was a certain charm and small town feel. That is quickly eroding and disappearing. 



 



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