Real Estate Information and Market Trends| Real Estate Victoria BC

Over the years the prices of Real Estate in Victoria has been on the rise and for those who have invested in Real Estate has seen some pretty good returns.
The high price of Real Estate in Victoria makes it pretty tough for the First Time Home-buyers.  When you purchase Real Estate in Victoria or all [...]

The Real Estate Market in Victoria is remaining very strong and right now we have a shortage of inventory of good products. It is interesting to look at other parts of the country and why not look at the West Island in the Greater Montreal Real Estate Area.The Broady Real Estate Team consisting of Libby [...]

The Properties in Victoria Professionals team is proud to announce two  new listings at one of Victoria BC’s premiere developments - The Bayview!
The Bayview condo is the long awaited and highly sophisticated new condominium development. Hailed as a masterpiece of contemporary design and quoted as being the quintessential development destined to make Victoria’s Harbour front the most [...]

Many people ask us what the Real Estate market will do here in Victoria and in BC. If you have been following our blogs over the past year you know we are very bullish on Victoria Real Estate. What do we base our predictions on, or how do we read our very fuzzy crystal ball? [...]

There are many great Real Estate developments in Victoria and area. One of those projects is called the Round House Project. A recent article in the Times Colonist by Kim Westad ( kwestad@tc.canwest.com )reads:
Roundhouse to keep history at centre of mixed-use project
The Roundhouse development could be a first for Victoria, with a working rail line [...]

Own Your Own Luxury Condominium in Victoria BC.
Over the years we have sold all types of Real Estate and sometimes there is one property that really stands out. We have just listed a fifth floor two bedroom and a den condominium in the famous Belvedere building. This luxury building in located in right downtown two [...]

It is not only Victoria Real Estate that break records. We have written about London England in a few of our blogs before and here we go again. A recent article in the Times Colonist by Luke Baker, with files from Avida Landau in Jerusalem, Reuters reads:
Israeli billionaire buys London home for $70 million
Most expensive [...]

When purchasing Real Estate in Victoria there are extra costs that apply. If you purchase a new home or substantially renovated home, GST (HST in some provinces) is applicable. As of January the 1st, 2008 GST was reduced from 6% to 5%. There is also a provincial Property Transfer Tax which is calculated at 1% on the [...]

As the price of Real Estate in Victoria and BC rises so does property taxes. The home owners grant that applies to the taxes paid on your principal residence (no grant on investment properties) has just been changed. Here are the details:
Increasing the Home Owner Grant threshold to $1,050,000 from $950,000 in assessed value is good for homeowners and [...]

Over the past month and year the real estate market in Victoria has been moving along at a nice solid and steady state, and is sure to continue on that path for 2008. In the meantime Nanaimo, located about 100km north of Victoria, as also seen fabulous growth over the years and last year was no different. Below [...]