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the victoria rennie advance | March 2025

Though February sales in Greater Victoria were up on a year-over-year basis for the 8th consecutive month, the pace of increase was lower than in previous months.
March 3, 2025

Though February sales in Greater Victoria were up on a year-over-year basis for the 8th consecutive month, the pace of increase was lower than in previous months. With that, sales were well below their long-run monthly average after spending four consecutive months at or near average. Meanwhile, new listings activity remained elevated.

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.