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The Victoria Rennie Advance | August 2024

New listings in Greater Victoria continued to come to market at an elevated pace in July and inventory.
August 1, 2024

New listings in Greater Victoria continued to come to market at an elevated pace in July and inventory, especially for condos, remained well above average. Sales activity declined month-over-month, but at a slower pace than typical, marking the busiest July since 2021.
 
The victoria rennie advance is a summary of the latest sales, listings, and price trends in Greater Victoria. It is produced at the beginning of each month and it reflects the latest market data.
 
Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.