Victoria Bc Real Estate Market Forecast 2024

Victoria Bc Real Estate Market Forecast 2024. In 2023, british columbia experienced. A total of 470 properties sold in the victoria real estate board region this february, 2.2 per cent more than the 460 properties sold in february.

Forecasts & trends — diagrams and historical graphs of price changes for duplexes, condos, townhouses, and. Canadian home prices increased in march 2024, as the national benchmark home price increased by 1.3% monthly and 0.7% annually to reach $729,700.

The Average Home Price In Bc Is Expected To Drop By 2.7% To $970,000 In 2023, Followed By Increases Of 0.5% In 2024 And 3.6% In 2025, Returning To Above The $1 Million Mark.

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The Victoria Real Estate Market, As Monitored By The Victoria Real Estate Board (Vreb), Is Setting The Stage For An Encouraging Year In 2024.

There were 2,140 active listings for sale on the victoria real estate board multiple listing service® at the end of january 2024, a 23.1 per cent increase from the 1,739 active.

Based On Current Trajectories And Trends, The Housing Market In British Columbia Is Expected To See A “Strong Rebound” In 2024, According To The Bc Real Estate.

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More Inventory Means Greater Opportunity In Victoria Real Estate Market.

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With 2024 Now Well Underway, We Want To Start Off By Recapping The Year That Just Passed, And Discuss Our Outlook And Predictions For The Year Ahead.

The average home price in bc is expected to drop by 2.7% to $970,000 in 2023, followed by increases of 0.5% in 2024 and 3.6% in 2025, returning to above the $1 million mark.

Based On Current Trajectories And Trends, The Housing Market In British Columbia Is Expected To See A “Strong Rebound” In 2024, According To The Bc Real Estate.