Remove 2027 Remove Buyers Remove Inventory Remove Mortgage
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Victoria Real Estate Market 5-Year Predictions

D Fritz Appraisals

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Significantly reduced housing inventory. Higher disposable household income .

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

However, in today’s market, the overlooked costs of running a household have taken center stage, demanding attention and strategic planning from homeowners and prospective buyers alike. Some are even considering forgoing insurance altogether, risking their financial security once mandated by mortgage lenders.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%. Falling new inventory is constraining transaction volumes while also supporting higher home prices. The average tenure for homeownership is now at a historic high of 10.7