Real Estate Information and Market Trends| Real Estate Victoria BC

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionals™.
 
Mortgage Rates Effective:  April 29, 2011

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
4.40%
4.45%

1 Year
2.64%
3.70%

2 Year
3.35%
4.05%

3 Year
3.50%
4.55%

4 Year
3.79%
5.19%

5 Year
3.84%
5.69%

6 Year
            4.79%
6.30%

7 Year
4.79%
6.49%

9 Year
5.31%
5.61%

10 Year
4.99%
6.85%

 
 
 

1 Year Variable
P-.40%
Prime

3 Year Variable
P-.80%
Prime

5 Year Variable
P-.80%
Prime

Prime Rate
3.00%

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

Balanced Real Estate Market Conditions Remain in the Nanaimo and Parksville Area:
NANAIMO           MARCH. 2011            FEB. 2011          MARCH 2010
UNIT SALES:                  115                          96                            118
 
AVERAGE
SALE PRICE:         $368,354.00              $363,400.00         $367,624.00 
 
Nanaimo homes sales were down 3% from March 2010 thru March 2011. The average sale price was flat at 0%. The [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionals™.
Mortgage Rates Effective:  April 21, 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%
3.70%

2 Year
3.39%
4.05%

3 Year
3.50%
4.55%

4 Year
3.79%
5.19%

5 Year
3.84%
5.69%

6 Year
4.79%
6.30%

7 Year
4.79%
6.49%

9 Year
5.31%
5.61%

10 Year
4.99%
6.85%

 
 
 

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 real estate in Victoria [...]

Two Speed Market Continues for BC Home Sales
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential real estate sales in the province continued to climb higher in March. Compared to March of 2010, MLS® residential real estate unit sales increased 11.5 per cent to 8,600 units. The average MLS® residential price [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective:  April 15, 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%
3.70%

2 Year
3.39%
4.05%

3 Year
3.50%
4.55%

4 Year
3.84%
5.19%

5 Year
3.84%
5.69%

6 Year
            4.79%
6.30%

7 Year
4.49%
6.49%

9 Year
5.31%
5.61%

10 Year
4.99%
6.85%

 
 
 

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 [...]

The Properties in Victoria Professionals™  Team is proud to announce the listing of a wonderful Condo in Langford, BC.
Great Rental Property – 2 Bed/2 Bath Condo
$256,900

Enjoy the convenience of downtown Langford living with the security of a newer condo building and the practicality of price and style offered in this home in Lavender Square. Lots of light and 10 foot [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective:  April 8, 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%
3.70%

2 Year
3.29%
4.05%

3 Year
3.35%
4.55%

4 Year
3.74%
5.19%

5 Year
3.84%
5.69%

6 Year
            4.74%
6.30%

7 Year
4.85%
6.49%

9 Year
5.31%
5.61%

10 Year
4.99%
6.85%

 
 
 

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 [...]

Second Best Real Estate Market on Record.
Greater Toronto REALTORS® reported 9,262 transactions through the Toronto MLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010.
“The strong home sales reported in March and throughout the first [...]

Real Estate Activity Picks Up in March
 
April 1, 2011
The number of property sales throughout Greater Victoria rose in March for the second consecutive month while prices for all major property types registered modest increases. A total of 622 homes and other properties sold in March through the Victoria Real Estate Board’s Multiple listing Service® [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective:  April 1, 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
3.25%
3.75%

3 Year
3.35%
4.35%

4 Year
3.64%
5.14%

5 Year
3.74%
5.44%

6 Year
            4.74%
5.95%

7 Year
4.75%
6.34%

9 Year
4.90%
5.60%

10 Year
4.99%
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 [...]