Sales in Greater Victoria rebounded sharply in October, posting the largest September-to-October increase in available data going back to 2000, with townhomes leading the way. Fewer new listings came to market than in any other month this year, and the pullback reversed September’s move to buyer-favourable conditions. Still, buyers had more inventory to choose from than in any October in more than 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.
