It is a happy new year for Greater Victoria Real Estate as December saw an increase in sales of 25% over 2012, a great way to end a strengthening market in 2013. Inventory was also down 9% compared to the end of 2012, as we see an increase in consumer demand. There is no increase expected for interest rates in the near future making it a great time for first time home Buyers to enter the market. I look forward to the new year and helping more clients in the purchase and sale of their homes.
You can view the full article from the Victoria Real Estate Board talking about our current market.