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the victoria rennie advance | February 2026

With inventory at its highest level for January since 2015, all home types have slipped into balanced market conditions.
February 2, 2026

Sales activity in Greater Victoria started the year a lot like it ended the last—down year-over-year and well below long-run monthly average levels. With inventory at its highest level for January since 2015, all home types have slipped into balanced market conditions.

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 head economist, senior demographer, market analysts, and business intelligence analysts. Together, they empower individuals, organizations, and institutions with data-driven market insights and analyses. Experts in real estate dynamics, urban land economics, the macroeconomy, shifting demographics, and data science, their industry-leading data acquisition, analytical systems, and strategic research support a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Victoria, Kelowna, Seattle, Coachella Valley, and San Diego markets. Their thoughtful and objective approach embodies the core values of rennie.