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Average house price tops $1M amid sales surge for luxury homes in busy June

Average house price tops $1M amid sales surge for luxury homes in busy June

An unusually high number of luxury home sales in a busy June pushed the average selling price for a single-family home in Greater Victoria to more than $1 million for the first time.
sa¹ú¼Ê´«Ã½ Housing explains why it paid millions above assessed value for Paul’s Motor Inn

sa¹ú¼Ê´«Ã½ Housing explains why it paid millions above assessed value for Paul’s Motor Inn

sa¹ú¼Ê´«Ã½ Housing paid about $15 million — several million above the assessed value — when it bought Paul’s Motor Inn to provide shelter and support for people without homes.
New tallest building on Island is in downtown Victoria

New tallest building on Island is in downtown Victoria

The tallest building on Vancouver Island is officially complete.
Les Leyne: Sinking feeling as province tries to deal with condo insurance crisis

Les Leyne: Sinking feeling as province tries to deal with condo insurance crisis

Condo residents will develop a sinking feeling once the sa¹ú¼Ê´«Ã½ government’s moves this week on the insurance crisis are fully digested. They are ineffectual in the short-term and will only make a mild difference over time. sa¹ú¼Ê´«Ã½
First phase in Harris Green overhaul is at car dealer site; 17- and 19-storey residential

First phase in Harris Green overhaul is at car dealer site; 17- and 19-storey residential

The transformation of the Harris Green neighbourhood is officially underway with Starlight Developments submitting a rezoning application this week to the City of Victoria for the first phase of its Harris Green Village project.
Clash of ideas on View Royal gateway

Clash of ideas on View Royal gateway

There are two clashing visions for the most appropriate type of development for the entrance to View Royal at the high-profile corner of Helmcken Road and Burnside Road West. Developer Invictus Commercial Investment Corp.
Home sales rebound from record lows; sa¹ú¼Ê´«Ã½ sees several ‘signs of recovery’

Home sales rebound from record lows; sa¹ú¼Ê´«Ã½ sees several ‘signs of recovery’

Sales of residential properties in sa¹ú¼Ê´«Ã½ last month climbed from a record low in April, but remained nearly 40 per cent lower than the same month in 2019.
New development would straddle Colwood and Langford

New development would straddle Colwood and Langford

A sloping undeveloped chunk of land covered with blackberry vines is set to become a major mixed-use development straddling Colwood and Langford.
Capital Iron building part of 6.7 acres bought by Reliance; store to keep operating

Capital Iron building part of 6.7 acres bought by Reliance; store to keep operating

Reliance Properties, which was behind the transformation of the Janion building on Store Street, has picked up nearly seven acres of downtown Victoria, including the site of the Capital Iron building, in a transaction expected to close by the end of
For real estate, reopening ‘won’t be a flood but a large trickle of business’

For real estate, reopening ‘won’t be a flood but a large trickle of business’

The second phase of the province’s economic restart will look and feel a lot like the first for the real estate market according to the experts.