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B.C. Housing Update 2025~

The B.C. Housing market has experienced two years of tepid sales and higher-than-average listing inventory. The past few months have seen a rebound in market activity with increasing sales. Over the upcoming year, sales are forecasted to increase due to the interplay of the following factors: lower interest rates, extended amortization periods (30 Years) for new construction and First-Time Home Buyers, and higher mortgage insurance caps (up to $1,500,000 from $1,000,000).

If you or someone you know wants to enter the real estate market, contact me at 250.884.3980.

In health, 

Arran 

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.