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What's Driving the Victoria Market?

Vancouver may get the most attention, but for an increasing number, Victoria is the star attraction. It's got better weather, more affordable housing, an increasingly vibrant restaurant and microbrewery scene, more than 200 kilometre of biking trails, and a growing job market, especially if you're in the technology sector.

Victoria has had 12 months in a row where sales have increased over the year before, That's the first time we have seen that in many years.

Last month, Greater Victoria real estate sales peaked to a level not seen since 2010, with 714 properties sold. That's an 8-per-cent increase over May, 2013. The Board counted 19 houses that sold for more than $1-million last month and, at the opposite end of the market, 29 houses that sold for less than $350,000.....MORE

 
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