the victoria rennie review | March 2024
Mar 15, 2024
SHARE THIS
Housing inventory in Greater Victoria grew in February, reaching a level not seen for the month since 2016. Even with greater options available to buyers though, overall conditions remained in sellers’ market territory.
The rennie review is a monthly publication that includes our take on the latest MLS data for Greater 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 senior economist, market analysts, and business intelligence analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. 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 supports a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Kelowna, Victoria, and Seattle marketplaces. Their thoughtful and objective approach embodies the core values of rennie.
Related
Per the latest BC Stats data, Greater Victoria is projected to see substantially reduced population growth over the next decade. Notably, Langford is anticipated to grow more than the entire region, with outright declines forecasted for several communities.
Sep 2025
Report
BC Stats has released its latest population projections for communities across the province. Over the next decade, growth in the Central Okanagan is expected to be substantially less than both the previous decade and what was previously anticipated.
Sep 2025
Report