Our Blog

We've moved!

June 27, 2017

If you've driven past our sales office on Sunriver Way lately, you've probably seen the big for sale sign. Don't worry!!! We're still here, we've just moved! We're rapidly selling the homes in our newest development RiversEdge Village (an adult oriented gated community of one level patio homes), and that's where you'll find us.

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Victoria Real Estate Market Sees Slow Increase in Inventory

June 02, 2017

"This month we have seen an increase in inventory - which means that buyers have more choice - and it means that now in some areas sellers are competing for buyers," says 2017 Victoria Real Estate Board President Ara Balabanian.

There were 1,896 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2017, an increase of 12.2 per cent compared to the month of April, but 21.2 per cent fewer than the 2,406 active listings for sale at the end of May 2016.

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Victoria Real Estate Market Inventory Edges Up, Sales Still Constrained

May 01, 2017

"The numbers we saw in April are a further indication that the market is gradually moving towards a more balanced state compared to the record setting pace of 2016." says 2017 Board President Ara Balabanian.

A total of 885 properties sold in the Victoria Real Estate Board region this April, 31.2 per cent fewer than the 1,286 properties sold in April last year. The ten year average for sales in April is 772 properties.

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Victoria Real Estate Market Continues Trend of Low Inventory, High Demand

April 03, 2017

A total of 929 properties sold in the Victoria Real Estate Board region this March, 17.1 per cent fewer than the 1,121 properties sold in March last year.

"We predicted early in the year that we wouldn't see a continuation of the record sales numbers that we saw in 2016," says 2017 Board President Ara Balabanian. "However, we are still in a very active market, as evidenced by the fact that this is second highest March on record if you remove that record breaking 2016 data. We saw nearly 200 more transactions last month than March 2015, when 734 properties sold."

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Victoria Real Estate Market Healthy Heading into Spring

March 06, 2017

A total of 675 properties sold in the Victoria Real Estate Board region this February, 12.6 per cent fewer than the 772 properties sold in February last year.

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The RiversEdge Village is about to launch

February 19, 2017

Coming Soon! The RiversEdge Village at Sunriver Estates is about to launch the first 30 of 96 new lots! This inspired gated community is surrounded by Park land, Trails and the Sooke River. A Club House to gather in with your neighbours, socialize with friends, or host a dinner or dance party also boosts 2 guest suites! Family and friends from out of town can enjoy the freedom of their own space, and you can keep your sanity!

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Victoria Real Estate Market Starts the Year with Fewer Listings and Above Average Activity

February 03, 2017

A total of 478 properties sold in the Victoria Real Estate Board region this January, 11.3 per cent fewer than the 539 properties sold in January last year.

Inventory levels edged lower, with 1,516 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2017, 38.6 per cent fewer than the 2,471 active listings at the end of January 2016.

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West Shore Parkway Road Completion Project

January 24, 2017

In July 2015 the City of Langford received funding through the New Building Canada Fund - Small Communities Fund to complete 3.5km of the West Shore Parkway connecting it from its current intersection with the Trans Canada Highway south to Sooke Road at Awsworth Road. The completion of the West Shore Parkway will mean faster commutes between downtown and Sunriver Estates. It's anticapted to be open to transit in the Spring of 2018!

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Victoria Real Estate Market's Record Breaking 2016, Demand Likely to Continue in 2017

January 04, 2017

A total of 471 properties sold in the Victoria Real Estate Board region this December, 1.3 per cent more than the 465 properties sold in December last year.

Inventory levels edged lower than last year, with 1,493 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2016, 40.7 per cent fewer than the 2,517 active listings at the end of December 2015.

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B.C. offers interest-free loans up to $37,500 to 1st-time homebuyers

December 19, 2016

The B.C. government is offering to help first-time homebuyers cover the cost of a mortgage down payment with an interest-free loan.

The B.C. Home Owner Mortgage and Equity Partnership program will provide a maximum of $37,500 — or up to five per cent of the purchase price — with a 25-year loan that is interest-free and payment-free for the first five years.

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