sa国际传媒

Home sales in January 2020 were 42.4 per cent higher than one year previously, reports board, while inventory remains low

The Greater Victoria real estate market is off to a solid start in 2020, but a lack of available inventory could see the number of home sales slip in the coming months.

Starting next week, homeowners in sa国际传媒 will receive 鈥渄eclaration鈥� packages and a prompt to claim an exemption from the speculation and vacancy tax.

A group of Galiano Island landowners is taking the community鈥檚 local trust committee to court to overturn a bylaw that they claim wrongfully restricts residential buildings on privately managed forest land.

A local developer says he hopes to retain some of the home sites in a Langford seniors manufactured-home park while seeking council support for a variety of uses 鈥� everything from townhouses to retail or offices 鈥� on the rest of the site.

North Cowichan council has rejected a controversial bid by one of its councillors to discourage residential development in a large portion of the municipality until a new official community plan has been completed.

A North Cowichan councillor is bringing a contentious motion to council on Monday that is designed to limit residential development in certain parts of the municipality.

Apartments for rent became scarcer and more expensive in Greater Victoria this past year, according to a report from the sa国际传媒 Mortgage and Housing Corp.

After a flat sales year in 2019, the Greater Victoria Real Estate Board is expecting another without shocks, surprises, slumps or super-charged growth.

Most of Greater Victoria鈥檚 13 municipalities saw the typical assessed value of single-family homes either drop or stay the same as last year, according to information released Thursday by sa国际传媒 Assessment.