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:  May 27, 2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.70%

6 Month Closed
4.40%
4.40%

1 Year
2.64%
3.49%

2 Year
3.30%
3.95%

3 Year
3.50%
4.30%

4 Year
3.64%
4.44%

5 Year
.3.79%
4.39%

6 Year
            4.59%
6.30%

7 Year
4.79%
5.55%

9 Year
5.34%
5.61%

10 Year
4.99%
5.64%

 
 
 

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 [...]

Unit Sales down on Vancouver Island year over year

NANAIMO               MARCH 2011            APRIL 2011            APRIL 2010
UNIT SALES:                    115                              87                          123
 
AVERAGE
SALE PRICE:                $368,354.00                $374,501.00               $367,805.00
 
Nanaimo home sales were down 29% from April 2010 thru April 2011. The average sale price rose 2%. The median house price was $340,000.00.
 
PARKSVILLE/
QUALICUM
UNIT SALES:                          57        [...]

Home Sales Slow After Strong First Quarter
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province declined 14 per cent to 7,187 units in April compared to the same month last year. The average MLS® residential price climbed 16 per cent to $598,308 last month compared [...]

The Properties in Victoria Professionals™  Team is proud to announce the listing of a wonderful Home in Victoria, BC
Wonderful Family Home on Beautiful Lot
$649,000
 

 
 
 
 
Wonderfully laid out, elegant yet practical family home on a private lot of almost 9000 sq.ft. which backs on to Knockan Hill Park, and is situated on a quiet no-thru street of fine homes. With 4 bedrooms, [...]

Real Estate Sales Soften, Prices Steady in April
 
The number of property sales throughout Greater Victoria softened in April while prices remained steady, showing increases for condominiums and town homes and minor movement for single family homes. A total of 574 homes and other properties sold in April through the Victoria Real Estate Board’s Multiple listing [...]

The Properties in Victoria Professionals™  Team is proud to announce the listing of a wonderful Town Home in Victoria, BC.
3 Bed/ 3 Bath Town Home Convenient to all Amenities
$379,000
 

 
 
 
 
 
A 3 bed, 3 bath starter family home of quality, loaded with space, practicality and features make for an excellent life style choice and a wise investment. Situated in a central and [...]