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The group planning a new commercial development off West Coast Road in Sooke says the time is right to add a major retail and office centre in the growing community.

For the first time, the monthly benchmark value for a single-family house in the core area of Victoria has topped $1 million. The benchmark price for a single-family house in the core reached $1.036 million last month, up from $885,900 in May 2020.

A Tofino townhouse facing Chesterman Beach has sold for $1 million above its asking price as real estate markets continue to sizzle on Vancouver Island. Originally priced at $1.4 million, the strata unit went for close to $2.

A farm on De Courcy Island that was once home to a bizarre cult and possibly still hides a buried treasure is back on the market.

A spring housing outlook from sa¹ú¼Ê´«Ã½ Mortgage and Housing Corporation suggests Greater Victoria’s housing market is in for more of the same, with the hot market unlikely to see cooling until 2023.

A proposed condo development in Cook Street Village that was rejected by Victoria council last year is again moving forward to a public hearing.

Residents will soon get a chance to weigh in on a proposal to develop the Northern Junk (also known as Gold Rush) warehouses near the Johnson Street Bridge.

Greater Victoria’s real estate market continued its relentless pace in April, with prices remaining strong and inventory low. Bidding wars are not uncommon and often end with a sale price that’s over the asking price.

Factors ranging from lack of inventory to historically low interest rates and an increase in people working from home have combined to turn the Victoria real estate market into a frenzied affair, where sellers are king and buyers have learned to poun

Homes across Greater Victoria are selling well above asking price — sometimes for hundreds of thousands more than they were listed for. Here are some examples. 2505 Florence Lake Rd.