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the victoria rennie advance | July 2026

Sales in Greater Victoria slipped from May's yearly high and stayed well below their long-run June norm, leaving the first half of 2026 as the region's slowest start since the pandemic. New listings eased for a second straight month, yet inventory still climbed to its highest level in any month since September 2014—handing buyers their deepest pool of choice in over a decade.
July 3, 2026

Sales in Greater Victoria slipped from May's yearly high and stayed well below their long-run June norm, leaving the first half of 2026 as the region's slowest start since the pandemic. New listings eased for a second straight month, yet inventory still climbed to its highest level in any month since September 2014—handing buyers their deepest pool of choice in over a decade.

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 chief 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.