11/08/2023
OCTOBER MARKET STATS ARE OUT!
"Overall, property sales drifted down in October compared to the previous month, likely due to consumers continuing to navigate interest rates higher than those seen in nearly two decades," said Victoria Real Estate Board Chair Graden Sol.
Here’s a little breakdown:
- Last month's sales were 15.2% less than a year before.
- There were 25.7% more homes listed than the previous year.
- The benchmark price for a single-family home was $1,305,900,
Feel free to call if you have any questions!
Read monthly news and statistics on the real estate and housing market of Greater Victoria BC, from the Victoria Real Estate Board.