November MLS Statistics

Here are the highlights of the current MLS statistics:  

  • Inventory levels remain low and demand remains high as baby boomers retire and millennials become homeowners
  • Benchmark value for a single family home in the Victoria Core is $753,800 (up 23.9% from November 2015)
  • Provincial government is considering a foreign buyers tax to relieve pressure on housing prices
  • Read the Victoria Real Estate Board's article here