Real Estate Information and Market Trends| Real Estate Victoria BC

BC Commercial Real Estate Market to Strengthen
Vancouver, BC – February 28, 2011. The BC commercial real estate market should continue to strengthen through 2011, according to the new Commercial Leading Indicator (CLI) index developed by the British Columbia Real Estate Association (BCREA). The BCREA CLI rose 2.3 per cent in the fourth quarter of 2010 [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective:  February 25, 2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
3.95%
4.45%

1 Year
2.64%
3.50%

2 Year
3.30%
3.75%

3 Year
3.35%
4.35%

4 Year
3.84%
5.14%

5 Year
3.94%
5.44%

6 Year
            4.66%
5.95%

7 Year
4.85%
6.34%

9 Year
5.05%
5.60%

10 Year
5.20%
6.65%

 
 
 

1 Year Variable
P-.40%
Prime

3 Year Variable
P-.85%
Prime

5 Year Variable
P-.80%
Prime

Prime Rate
3.00%

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

Up Island Market Update from Steve Pakozdy

 

NANAIMO                        JAN. 2011                DEC. 2010                JAN.2010
UNIT SALES:                         55                            64                            63
AVERAGE
SALE PRICE:                  $340,482.00              $357,101.00              $363,093.00
Nanaimo unit sales were down 13% from Jan. 2010 thru Jan. 2011. The average [...]

мебели от чамHome Sales to Climb Eight Per Cent in 2011
Vancouver, BC – February 23, 2011. The British Columbia Real Estate Association (BCREA) released its Housing Forecast for the first quarter of 2011 today.
BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 8 per cent from 74,640 units in 2010 to 80,900 units [...]

http://www.victoriamls.ca/DE.asp?ID=485265965

The Properties in Victoria Professionals™  Team is proud to announce the listing of a wonderful Home in Victoria, BC.
Elegant Custom Family Home w/ Carriage Suite Above Garage
$789,000
 

 
Elegant custom family home set within a small enclave of beautiful homes in an area of View Royal/Strawberry Vale on a very quiet private cul de sac. Gracious dining room w/ attached butlers [...]

The Properties in Victoria Professionals™  Team is proud to announce the listing of a wonderful Town Home in Victoria, BC.
Beautifully Appointed Town Home
$450,000

 
Wonderful 1700 sqft plus end unit town home set well back off the road in a quiet and private community of 9 Town houses. Well appointed and updated with new bamboo flooring and fresh paint in the [...]

The Properties in Victoria Professionals™  Team is proud to announce the listing of a wonderful Home in Victoria, BC.
Developer/Investor Alert!
$539,900

 
Developers! Investors! Over 8000 sq ft of land in popular Fairfield priced more than $70,000 below assessed value. This is an opportunity not to be missed. This lot is a perfect holding property, with a solid, rentable 2 bedroom (3rd [...]

Housing Market Continues Normalization Trend
February 14, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 7 per cent in January from December 2010, on a seasonally adjusted basis. Compared to January of last year, MLS® residential unit sales were down 10 per cent to [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
Mortgage Rates Effective:  February 11, 2011

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
3.95%
4.90%

1 Year
2.64%
3.20%

2 Year
3.20%
3.65%

3 Year
3.60%
4.10%

4 Year
3.79%
4.39%

5 Year
3.94%
4.44%

6 Year
4.66%
5.15%

7 Year
4.50%
5.40%

9 Year
5.05%
5.60%

10 Year
5.15%
5.70%

 
 
 

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 [...]