First-time homebuyers and owners about to renew their mortgages are nervous about the first benchmark interest-rate hike, a Victoria mortgage broker said Wednesday. The increase, the first in nearly seven years, might prompt some people to lock in their mortgage rates, Colleen Flynn of Select Mortgage Group said. “It’s a concern for people. They are […]
MACDONALD REALTY VICTORIA
Since 1944, we’ve been helping our clients make some of the biggest decision of their lifetime. Over the years we’ve learned that what makes us different from others in our business is the exceptional level of service we offer, the analysis, guidance, and negotiating skills we bring to the table, which are the very foundations of any real estate venture.
Our downtown Victoria office is ideally situated to service the various communities of the city, the Saanich Peninsula, Sooke, Esquimalt and beyond. Our boutique Sidney office which specialises in the area around the ferry terminal at Swartz Bay to Victoria and the Saanich Peninsula. Whether a character house in Oak Bay, a downtown condo overlooking the inner harbour, Strait of Juan de Fuca, and Olympic Mountains, a private island unto yourself or a world class waterfront estate, we can help.
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Real estate markets change; traditional values do not.
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LATEST NEWS AND MARKET UPDATES
Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in June 2017. Greater Victoria In June 2017, there were 458 sales of single family homes and 613 active listings in the Greater Victoria. The benchmark sale price was $691,100 with an average days on market of 22. The hottest market for sales was Langford […]
Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in May 2017. Greater Victoria In May 2017, there were 437 sales of single family homes and 593 active listings in the Greater Victoria. The benchmark sale price was $681,800 with an average days on market of 20. The hottest market for sales was Saanich […]
A new report from Christie’s International lists Victoria as the second hottest luxury real estate market in the world. When you think of a luxury home you probably picture a house on the ocean, or a large estate, but with the Victoria real estate market booming, the face of luxury is changing. One townhouse in […]