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Strong local demand, lack of options, push up Greater Victoria housing prices

Strong local demand, lack of options, push up Greater Victoria housing prices

Continued high demand and a dearth of buying options continues to drive the price of single-family homes in Greater Victoria, according to numbers released Monday by the Victoria Real Estate Board.
U.K. architects design condos near Vancouver鈥檚 Stanley Park as tall, curvy trees

U.K. architects design condos near Vancouver鈥檚 Stanley Park as tall, curvy trees

Is Vancouver ready for tree houses? Two new residential towers proposed for Alberni and Bidwell streets in the West End are designed to mimic large undulating cedars to lend a Vancouver character and identity to the project, according to the design a
Project seen as renewal for Gorge Tillicum neighbourhood

Project seen as renewal for Gorge Tillicum neighbourhood

Saanich has approved what councillors are calling a 鈥渕ajor renewal project鈥 for the Gorge-Tillicum area.
Burnside school housing project advances to public hearing

Burnside school housing project advances to public hearing

A proposal to build two apartment buildings with a daycare and outdoor plaza on the playing field behind the former Burnside Elementary School took a step forward Thursday.
407-unit rental building pitched for busy McKenzie-Shelbourne corner

407-unit rental building pitched for busy McKenzie-Shelbourne corner

A six-storey building with 407 rental units and close to 20,000 square feet of ground-floor commercial space is being proposed for the southwest corner of McKenzie Avenue and Shelbourne Street in Saanich.
Number of new homes built in Greater Victoria holds steady in 2020 despite pandemic

Number of new homes built in Greater Victoria holds steady in 2020 despite pandemic

Homebuilding in Greater Victoria isn鈥檛 taking much of a break during the pandemic, according to year-end figures released Monday by sa国际传媒 Mortgage and Housing Corporation.
Low inventory of homes for sale across Island drives up prices

Low inventory of homes for sale across Island drives up prices

High demand for real estate on Vancouver Island has resulted in record-low levels of available homes, according to year-end numbers from the Vancouver Island Real Estate Board.
Greater Victoria's real estate inventory hits 25-year low, pushing prices up

Greater Victoria's real estate inventory hits 25-year low, pushing prices up

A lack of housing inventory, which has been a problem for Greater Victoria for years, will continue to shape the real estate market through 2021 according to the departing president of the Victoria Real Estate Board.
2021 Top 10 residential property assessments by district for Greater Victoria

2021 Top 10 residential property assessments by district for Greater Victoria

The Top 10 home values in capital region municipalities. Victoria 1. 1851 Crescent Rd. 鈥 $4,234,000 2. 1322 Rockland Ave. 鈥 $4,079,000 3. 1544 Montgomery Ave. 鈥 $3,577,000 4. 1843 Crescent Rd. 鈥 $3,514,000 5. 1525 Shasta Pl. 鈥 $3,491,000 6.
Greater Victoria assessment values increase due to housing demand

Greater Victoria assessment values increase due to housing demand

Strong demand for real estate in Greater Victoria over the past year means property owners on the Island are likely to see increases of as much as 10 per cent in their annual property assessments, which should start hitting Island mailboxes this week