Rob & Steph

05/04/2026

After a measured start, our spring market awakened with a late-April uptick—here’s how the numbers played out.

VIREB recorded 683 unit sales (all property types) in April 2026, down 12 per cent from one year ago. Year-over-year active listings (all property types) were 4,256, up four per cent from the previous year.

In the single-family category (excluding acreage and waterfront), 372 homes sold in April 2026, down six per cent from one year ago and an increase of 23 per cent from the previous year. Sales of condo apartments last month came in at 64, decreasing by 33 per cent year over year and down 11 per cent from March. In the row/townhouse category, 88 units changed hands in April, down one per cent from one year ago and up 24 per cent from March.

Active listings of single-family homes were 1,399 in April, up from 1,362 one year ago. VIREB’s inventory of condo apartments was 374 last month, down from the 410 properties listed in April 2025. There were 383 row/townhouses for sale last month compared to 331 the previous year.

Benchmark prices for April are as follows.

• Single-family - $790,300 (up slightly y-o-y)
• Apartment - $394,300 (down 4% y-o-y)
• Townhouse - $545,500 (down 1% y-o-y)

📊 Our full April 2026 Statistics Package is available at https://bit.ly/48DaVcd.

For local market insights, please contact a REALTOR® in your area. 🏡

05/01/2026

https://www.bankofcanada.ca/2026/04/fad-press-release-2026-04-29/

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

04/09/2026

Celebrating our Top 15 Producers of March 2026 👏
Your dedication, integrity, and client-first mindset continue to move our communities forward.

As a Miracle Office, every transaction includes a donation to BC Children’s Hospital- proof that great business can do great good.
Proudly serving Greater Victoria, Cowichan Valley, Central, and Southern Vancouver Island.
📞 250-246-3700 | 🌐 www.remaxgeneration.ca | 📧 [email protected]

#1 in Canada for 2024 residential transaction sales.
(Source: CREA, RE/MAX | *Denotes - Personal Real Estate Corporation)

04/03/2026

March's market snapshot!

03/20/2026

If you own Fridgidaire ovens, check out this link to see if you are affected.

The ovens in the ranges can experience a delayed ignition of the oven's bake burner, which can create a potential risk of burns.  As of March 11, 2026, the company has received 3 reports of incidents in Canada, including one injury. In the United States, the company has received 59 reports o...

03/20/2026

03/02/2026

February's market snapshot

VIREB recorded 465 unit sales (all property types) in February as activity edged up heading into spring. Year-to-date sales remain below the 10-year average, but buyers were active across property types last month.

Single-family home sales rebounded in February following stronger condominium apartment and townhouse activity in January. Active listings increased year over year, providing more choice for buyers as the seasonal market begins to build.

Active listings of single-family homes totalled 988 in February, with 327 condo apartments and 302 row/townhouses also available.

Benchmark prices in February were as follows.

• Single-family - $772,300 (up one per cent y-o-y)
• Apartment - $396,400 (down two per cent y-o-y)
• Townhouse - $537,800 (down one per cent y-o-y)

Our February 2026 Statistics Package is available at https://bit.ly/4boBgLN. For local market information, please contact a REALTOR® in your area. 🏡

02/18/2026

New Listing in Mill Bay!

5Beds, 3 Baths, 668 Bay Rd, Mill Bay, British Columbia V0R2P0, For Sale 975000.00

02/03/2026

02/03/2026

January's market snapshot

January 2026 saw a slower start to the year for home sales across Vancouver Island, with activity down overall but stronger momentum in the multi-family market.

VIREB recorded 388 unit sales (all property types) in January, down 10 per cent from one year ago. Active listings across all categories rose to 3,157 properties, up six per cent year over year.

Single-family home sales totalled 162 units, down 19 per cent from one year ago and 25 per cent from December. In contrast, condo apartment sales increased 15 per cent year over year, while row/townhouse sales were up 28 per cent, suggesting continued demand for more affordable housing options.

Inventory levels across the region saw 895 single-family homes, 310 condos, and 277 townhomes listed for sale.

Benchmark prices in January were as follows.

• Single-family - $768,900 (up 1% y-o-y)
• Apartment - $402,700 (up 3% y-o-y)
• Townhouse - $528,800 (down 2% y-o-y)

Our full January 2026 Statistics Package is available here: https://bit.ly/4tm1W83

For local market insights, please contact a REALTOR® in your area. 🏡