Sales in Greater Victoria were nearly on par with their long-run average for the second consecutive month in November and were up year-over-year for the fifth consecutive month. Paired with a large drop in new listings activity, inventory declined and finished the month below its prior year level for the first time since April 2022.
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.
