Real estate market makes gains in 2023, from slump to slow recovery

  • 📰 CHEK_News
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 55%

United States News News

United States United States Latest News,United States United States Headlines

From slump to recovery; BC's real estate market makes gains in 2023 with an increase in home sales for the first two months of the year

One year ago, with interest rates at rock bottom, the sky was the limit for the real estate market, but fast forward 12 months, with jacked-up interest rates, it’s a much different picture., February 2022 was a record with 718 home sales in Greater Victoria.

Leo Spalteholz is an independent real estate analyst and maintains the HouseHuntVictoria blog, and he says prices have stabilized. As the third priciest city in Canada, Victoria’s housing prices are still close to their peak but they are lower.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 59. in US

United States United States Latest News, United States United States Headlines