Here are the highlights of the current MLS statistics:
- 1,008 properties sold this June, compared to 1,174 in June 2016 and a ten-year average of 798
- Inventory is slowly starting to build, but continue to expect multiple offer situations in higher demand neighbourhoods
- It is an excellent time to sell with record high prices
- Benchmark value for a single family home in the Victoria Core is $829,600 (up 15.1% from June 2016)
Wondering how to buy and sell simultaneously?
3 things you need to know before the purchase of your biggest asset.