Real Estate Information and Market Trends| Real Estate Victoria BC

Weekly Mortgate Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective:  January 21,2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
3.95%
4.90%

1 Year
2.54%
3.20%

2 Year
3.10%
3.50%

3 Year
3.19%
3.90%

4 Year
3.64%
4.19%

5 Year
3.69%
4.29%

6 Year
            4.54%
5.15%

7 Year
4.50%
5.30%

9 Year
5.05%
5.50%

10 Year
4.95%
5.75%

 
 
 

1 Year Variable
P-.40%
 

3 Year Variable
P-.75%
                   

5 Year Variable
P-.75%
 

Prime Rate
3.00%

 
*Rates subject to change without notice *
If you are planning to purchase [...]

Weekly Mortgate Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
Mortgage Rates Effective:  January 14,2011 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
3.95%
4.90%

1 Year
2.54%
3.20%

2 Year
3.10%
3.50%

3 Year
3.19%
3.90%

4 Year
3.89%
4.19%

5 Year
3.69%
4.29%

6 Year
4.54%
5.15%

7 Year
4.50%
5.30%

9 Year
5.08%
5.50%

10 Year
4.95%
5.75%

 
 
 

1 Year Variable
P-.40%
 

3 Year Variable
P-.75%
                   

5 Year Variable
P-.75%
 

Prime Rate
3.00%

If you are planning to purchase real estate in Victoria BC in the [...]

The Properties in Victoria Professionals™  Team is proud to announce the listing of a wonderful Town Home in Victoria, BC.
3 Bedroom Town Home Convenient to all Amenities
$388,500

Beautifully presented and updated 3 Bedroom, 2 bath town home is great for the first time home Buyer or new family. Terrific centrally located strata close to schools, shopping centre and buses. Bright and [...]

 Record Home Prices for 2010
The  British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 12 per cent to 74,640 units in 2010. The annual average MLS® residential price rose 8.5 per cent to a record $505,178 in 2010.

“Tighter credit conditions and expended pent-up demand curbed home [...]

Third Best Year for Existing Home Sale
 
Greater Toronto REALTORS® reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent  compared to 2009.
“Market conditions were anything but uniform in 2010.  We went from supercharged sales activity during the first  four months of the year, [...]

The Properties in Victoria Professionals™ Team is proud to announce the listing of a wonderful Condo in Victoria, BC.
Penthouse w/ Water Views – $685,000
 

Stunning Ocean Views. 2 bd/2bth 1500 plus sqft Penthouse with south-west orientation has been totally remodeled within the last 4 years. The open floor plan offers panoramic south-west ocean and mountain, top of the line stainless [...]

REGIONAL REAL ESTATE MARKET SUMMARIES
The residential real estate in market in St. John’s, Newfoundland saw strong year-over-year price gains across all three housing types surveyed every quarter this year. However, market has showed signs of cooling as inventory starts to rise. 
Detached bungalows and two-storey houses in Montreal saw an 8.7 per cent year-over-year increase in the fourth quarter, while [...]

Weekly Mortgate Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
Mortgage Rates Effective:  January 07,2011
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.45%

6.45%

6 Month Closed

3.95%

4.90%

1 Year

2.54%

3.20%

2 Year

3.10%

3.50%

3 Year

3.19%

3.90%

4 Year

3.59%

4.19%

5 Year

3.69%

4.29%

6 Year

4.44%

5.15%

7 Year

4.50%

5.30%

9 Year

5.08%

5.50%

10 Year

4.95%

5.75%

 

 

 

1 Year Variable

P-.40%

 

3 Year Variable

P-.75%

                   

5 Year Variable

P-.75%

 

Prime Rate

3.00%

*Rates subject to change without notice *
If you are planning to purchase real [...]

Strengthening Economic Recovery and Low Interest Rates Point to a Stronger Than Anticipated 2011 for Housing Market
The average price of a home in Canada increased between 3.9 and 4.6 per cent in the fourth quarter of 2010, compared to the previous year, as markets shrugged off a lackluster third quarter and returned to a post-recession growth [...]

Victoria BC Real Estate  – Upisland Market Update from Steve Pakozdy
NANAIMO :                 DEC. 2010            NOV. 2010            DEC. 2009
UNIT SALES:                     64                        89                            85
 AVG SALE PRICE: $357,101.00            $348,368.00             $376,330.00
 Nanaimo housing unit sales declined 25% from Dec. 2009 thru Dec. 2010. The average sale price declined by 5%. [...]