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On the Street: Properties sold rose last year, new chamber board

For the month of December alone, 421 properties sold in Greater Victoria, a jump of 28 per cent from the 329 sold in December 2023.
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A total of 6,893 properties sold through the Victoria Real Estate Board in 2024, up from 6,207 in 2023. DARREN STONE, TIMES COLONIST

Number of Greater Victoria properties sold in 2024 up 11%

The number of properties sold through the Victoria Real Estate Board rose 11 per cent last year.

A total of 6,893 properties sold through the real estate association in 2024, up from 6,207 in 2023.

For the month of December alone, 421 properties sold, a jump of 28 per cent from the 329 sold in December 2023, the board said.

“It has been a year of stability and predictability,” said past chair Laurie Lidstone, adding prices have been relatively level for the past two years.

That was reflected in 2025 values set by sa¹ú¼Ê´«Ã½ Assessment for residential properties, which typically showed either no change or a slight drop.

At year’s end, there were 2,290 listings through the real estate board, up from 2,132 at the end of 2023.

The benchmark price for a single-family house in the core area was $1.3 million in December, up from the same month in 2023, when it was $1.27 million.

The benchmark for a condominium in the core in December was $547,800, a decline from $556,500 in December 2023.

New board for Chamber of Commerce

The new year brings a new board of directors at the Greater Victoria Chamber of Commerce. Board newcomers include: Ashka Wirk, principal of Wirk Consulting; Corey Gillon, Peninsula Co-op chief executive; Elizabeth Brown, Victoria Airport Authority chief executive; Mary Lou Newbold, chief eyewear officer of Mayfair Optometric Clinic; and Spencer Walker, director and team lead at CIBC Commercial Banking.

Christina Clarke, Indigenous Prosperity Centre executive director, is the new board chair. James Gatsi, business development manager with Tecnet is the new vice-chair. Kris Wirk, partner at Dusanj and Wirk, is past chair.

“Greater Victoria’s business community is exceptionally well-represented on the 2025 Chamber Board of Directors and I’m excited to continue our work — building good business and great community,” Clarke said. “I’d like to thank Kris for everything he did over the past two years to lead our organization as we adapted and evolved to increase our resiliency during challenging economic times.”

The other executive board members are secretary Josue Dubon, wealth mentor at DesignWealth; Walker, who will serve as treasurer; and Newbold as a member at large.

Rose Arsenault, Victoria market manager at Agilus Work Solutions, Jessica Stigant, director of external relations at Ocean Networks sa¹ú¼Ê´«Ã½ and Capt. (Navy) Kevin Whiteside, base commander at CFB Esquimalt, are also on the board with new members. Non-voting board members are Bruce Williams, Chamber chief executive, and Frumsa Ibrahim, chair of Emerge Committee and regional director of operations for Scandinavian Building Services.