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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? Pace of Real Estate Market Steady into Spring. According to the Victoria Real Estate Board statistical round up for May 2022, sales were down 26.2% Between 2021 and 2022, house prices in the Victoria, BC region rose by an average of 20%.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Legislation related to transit-oriented development did not pass. The average tenure for homeownership is now at a historic high of 10.7 2 in the U.S.

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

Starting mid-2027, insurers operating in Washington will be mandated to furnish written notices to policyholders facing premium hikes of 10% or more, elucidating the primary factors driving the change. 1 with a combined 75,274 units newly completed or being developed. 5 vote (and ballot count the days after). average. . >>