May registered the highest monthly sales count so far this year in Greater Victoria, though activity was still well short of typical May levels. Meanwhile, inventory continued on its upward trajectory reaching its highest level in any month since late 2014. These opposing forces have worked to push overall market conditions further into balance.
The victoria rennie review is a monthly publication that includes our take on the latest MLS data for Victoria. In addition to presenting neighbourhood-level stats, it includes information on current rennie projects, a selection of featured listings, and insightful commentary on how and why the market is changing.
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.
