May is usually the high-water mark for sales in Greater Victoria, and while they did reach their highest count so far in 2026, they were still well below typical May levels. In fact, this was the fewest May sales since 2013 when excluding the pandemic year of 2020. New listings continued to come to market at an above average clip, however, pushing inventory levels to new heights. May saw the most active listings in any month since September 2014.
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.
