4440 Chatterton Way | Victoria, BC 800.663.2121 info@vpsg.ca
800.663.2121
info@vpsg.ca
4440 Chatterton Way
Victoria, BC

Jenny’s Corner – March 2019

Quick Summary:  We are encouraged by the number of showings but sales numbers are lower and prices continue to soften.   Spring is always the busiest time in real estate, so we will have to wait to see if things improve when the weather breaks. Hello everyone, welcome to March and hopefully spring arriving soon!  …waiting

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Jenny’s Corner – February 2019

Hello everyone, Happy February, and time for my Monthly Market Update, a service I provide to all my loyal clients and contacts. Pricing and Activity:  The core area (which takes in Victoria, Esquimalt, View Royal, Oak Bay and Saanich) is showing an increase of just under 1% year over year.  The benchmark price of a single family home in the

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Condo Crazy in #YYJ

With so many new condos being planned, proposed, built, and sold in Victoria, it can feel a little overwhelming to keep track of them all. Victoria and the surrounding communities are seeing a building boom of epic proportions. In order to keep on top of the comings and goings of developments in Victoria, we frequently

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2018 Recreational Property Report

If you’ve been looking at recreational property, you’re in good company! Turns out, it’s one of the biggest trends of growth right now in Canada, with a lot of retirees (or wannabe retirees) actively shopping for a place to relax and unwind. RE/MAX has just released their report, and if you’re on the West Coast,

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Tesla’s Solar Shingles Will Cost Less Than a Dumb Roof

“Electricity is just a bonus.” Tom Randall 17 November 2016 It’s official: After Tesla shareholders approved the acquisition of SolarCity, the new company is now an unequivocal sun-to-vehicle energy firm. And Chief Executive Officer Elon Musk didn’t take long to make his first big announcement as head of this new enterprise. Minutes after shareholders approved the deal—about 85 percent of them voted yes—Musk told the

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Canada’s Hot Housing Market

Is it going to continue, or have the new mortgage regulations cooled the market? http://www.bnn.ca/morneau-says-ottawa-has-no-further-action-under-consideration-to-cool-hot-housing-markets-1.594511

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Mortgage regulation could be changing!!!

Are you thinking of buying a home??  There could be changes coming.. You might want to lock in before they happen.  regulations http://www.theglobeandmail.com/real-estate/the-market/ottawa-proposes-sweeping-changes-to-spread-mortgage-risks/article32467860/

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No changes yet in the B​ank of ​Canada​ Rate!!

Are you thinking of Buying?? This is a great time to lock in to a fix year mortgage. Bank of Canada Rate Announced The Central Bank announced its overnight rate target Wednesday. The Bank of Canada is maintaining its target for the overnight rate at 0.5%. Economic growth is now projected to be lower than

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