Homes that “stand out in a crowd” are still selling….

Slowing sales and rising inventory in Greater Victoria last month show how the once red hot real estate market is cooling down. Market conditions have shifted and after many consecutive years of blockbuster activity and double-digit price growth, the market has slowed, and now favours buyers. Buyers have more homes to choose from than in previous years, resulting in greater freedom to compare the attributes and prices of similar properties in the market before making purchase decisions.

Read the entire report and see the Monthly Sales Summary for Your Area »