July 2, 2024 As reported by the Victoria Real Estate Board (VREB), last month a total of 661 properties sold in the region representing a 6.2 per cent decrease than the 705 properties sold in June 2023. This also heralded a 13.4 per cent decrease from May 2024.
For those sitting on the sidelines...
Canadian Inflation Falls to 2.9% in January, Boosting Rate Cut Prospects
The Consumer Price Index (CPI) rose 2.9% year-over-year in January, down sharply from December's 3.4% reading. The most significant contributor to the deceleration was a 4% decline in y/y gasoline prices, compared to a 1.4% r...
There is no one-size-fits-all answer to this question as the best investment option for you depends on your personal financial goals, risk tolerance, and investment horizon. Both real estate and stock market investments have their own advantages and disadvantages.
Real estate investments can pro...
Real estate is considered one of the top-most long-term investments a person can make for several reasons:
Appreciation: Over time, real estate typically increases in value, which means that an investment made today can be worth more in the future.
Rent: Properties can generate rental income,...
Here are the top five reasons to consider Victoria, British Columbia, Canada real estate:
Lifestyle: Victoria is known for its mild climate, stunning natural beauty, and vibrant culture, making it an attractive place to live.
Affordability: Compared to other major cities in Canada, Victoria's...