serving Victoria B.C and surrounding area
LET'S KEEP IT SIMPLE
# of sales
A total of 653 properties sold in the Victoria Real Estate Board region this November, 17.9 per cent fewer than the 795 properties sold in November 2020 and 12.3 per cent fewer than the previous month of October.
HPI (single family home)
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in November 2020 was $903,700. The benchmark value for the same home in November 2021 increased by 24.2 per cent to $1,122,600, a 1.7 per cent increase from the previous month of October.
There were 887 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of November 2021, 51.1 per cent fewer properties than the 1,813 available at the end of November 2020 and 14.4 per cent fewer properties than the 1,036 active listings for sale at the end of October 2021.
cross Canada home sales
Home sales are down 11.5% across Canada, with 52,538 units sold in October 2021, compared to 59,344 in October 2020.
average home price
The average price of homes sold across Canada in October 2021 was $716,585, up 18.2% from $606,198 in October 2020.
New listings are down 19.6% across Canada, with 61,128 new listings added in October 2021, compared to 76,046 in October 2020.
local and national
"3D PRINTED HOMES ARE HERE"
from National Post
In the small community of Procter, in southeastern B.C., sits Canada’s first 3D-printed home on a scenic plot of land that overlooks the Purcell Mountains. A structure of about 300 square feet built in 2020, the Fibonacci House—with walls made of a custom concrete mixture squirted out of a nozzle and completed in little more than a month—is now rentable on Airbnb.