Real Estate Information and Market Trends| Real Estate Victoria BC

 
BC Home Sales Increase in 2011
The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in BC climbed 14.3 per cent to $43.1 billion in 2011. A total of 76,817 homes were sold in BC in 2011, up 2.9 per cent from 2010. The average [...]

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Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
Mortgage Rates Effective : January 6, 2012
 

Mortgage Rates Effective: January 6, 2012 Term
Our Best Rate

Bank Rates

6 Month Open

5.45%

6.70%

6 Month Closed

4.40%

4.55%

1 Year

2.75%

4.30%

2 Year

2.69%

3.95%

3 Year

2.99%

4.55%

4 Year

3.29%

4.99%

5 Year

3.25%

5.39%

6 Year

4.09%
6.30%

7 Year

3.89%

6.35%

9 Year

4.89%

5.42%

10 Year

4.39%

6.75%

Line of Credit

P+.50%

Prime

3 Year Variable

P-.10%

Prime

5 Year Variable

P-.20%

Prime

Prime Rate

3.00%

4.09%

* Rates are Subject to [...]

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Mid Vancouvber Island’s Average Real Estate Prices Retreat fro Decemember 2011
NANAIMO:                   DEC. 2011                    NOV. 2011                      DEC. 2010
UNIT SALES:                      57                                    79                                    64
AVERAGE
SALE PRICE:        $332,400.00            $361,210.00                      $357,101.00
Nanaimo unit sales were down 11% from Dec. 2010 thru Dec. 2011. The average sale price of a home in Nanaimo declined 7% during that time. The median house price [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 

Term
Our Best Rate

Bank Rates

6 Month Open

5.45%

6.70%

6 Month Closed

4.40%

4.55%

1 Year

2.75%

4.30%

2 Year

2.69%

3.95%

3 Year

2.99%

4.55%

4 Year

3.29%

4.99%

5 Year

3.29%

5.39%

6 Year

4.09%

6.30%

7 Year

3.89%

6.35%

9 Year

4.89%

5.42%

10 Year

4.39%

6.75%

Line of Credit

P+.50%

Prime

3 Year Variable

P-.10%

Prime

5 Year Variable

P-.10%

Prime

Prime Rate

3.00%

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

The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province remained relatively unchanged in November compared to the same month last year. A total of 5,640 units were sold last month compared to 5,647 units in November 2010. The average MLS® residential price was up 1.1 [...]

BC Commercial Leading Indicator Moves Higher
 The BCREA Commercial Leading Indicator (CLI) increased 1.1 points to 109.8 in the third quarter of 2011, reversing the downward trend observed in the first half of the year. The trend in the CLI, a more reliable indicator of future activity, points to a flattening out of commercial real estate [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
Mortgage Rates Effective: October 31, 2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.70%

6 Month Closed
4.40%
4.55%

1 Year
2.80%
4.30%

2 Year
2.49%
3.95%

3 Year
2.99%
4.55%

4 Year
3.09%
4.99%

5 Year
3.29%
5.39%

6 Year
4.50%
6.30%

7 Year
4.49%
6.35%

9 Year
4.90%
5.42%

10 Year
4.69%
6.75%

 
 
 

Line of Credit
P+.50%
Prime

3 Year Variable
P-.50%
Prime

5 Year Variable
P-.50%
Prime

Prime Rate
3.00%

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

Home Sales Edge Higher in September
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province rose 8.8 per cent to 5995 units in September compared to the same month last year. The average MLS® residential price increased 6 per cent to $523,568 last month compared to [...]

Properties in Victoria Professionals are proud to present a superior luxury home in Fairfield.

As featured in ‘Boulevard’ magazine, created to allow the owner to live in an environment of light, as the max amount of window was used throughout. The creative application of “universal design” principles allows one to pass from indoors to out through [...]

September Rounds Out a Strong Third Quarter for Toronto Real Estate
Greater Toronto REALTORS® reported 7,658 transactions through the TorontoMLS® system in September – a 25 per cent increase over September 2010. Sales during the first three quarters of 2011 amounted to 70,588, representing a 2.6 per cent increase compared to the first nine months of [...]