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Victoria Housing Market Update: What Buyers & Sellers Need to Know

Victoria Housing Market Update: What Buyers & Sellers Need to Know

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This month, the Victoria Real Estate Podcast — Adrian Maclaren, Vincent Baart, Jocelyn Cseff, and mortgage broker David Steinberg — break down the latest trends shaping Victoria’s real estate market. From sales momentum to a brand-new downtown hotel project, here’s what you’ll hear in this episode:

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🏡 Market Debate: Best Investment Under $750K

  • Adrian, Vince, David, and Jocelyn share their picks — from fixer-uppers to townhomes with rental potential.
  • Practical examples of listings that fit today’s market.

💰 Mortgage Update with David Steinberg

  • Fixed vs variable: which makes more sense right now?
  • Hybrid mortgage options explained.
  • How today’s bond yields and inflation trends are influencing rates.

🏨 Real Estate News: First New Victoria Hotel in 20 Years

  • Hyatt-branded 8-storey, 167-room hotel breaks ground downtown.
  • $14.9M annual economic impact and ~94,000 new visitors expected.
  • Why more hotel projects are in the pipeline for Greater Victoria.

📍 Neighbourhood Spotlight: View Royal

  • Family-friendly, affordable, and rich in history.
  • Home to Thetis Lake, Galloping Goose Trail, and Victoria General Hospital.
  • Why View Royal is gaining popularity among buyers.

📊 Summer 2025 Market Update Highlights

  • 761 sales in June → up ~100 from last year.
  • Sales fully recovered from early 2025 slowdown.
  • Record-high new listings for June, but lots of “recycled” inventory.
  • Market warming up → now on the warm side of balanced. (especially in SFD)
  • Prices stable overall; condos dipped slightly.

Produced by: The CityNest Real Estate Group
Citynest.ca
Edited by: Daniel Castillo

David Steinberg
david@olympicmortgages.ca
778.401.4712

Adrian Maclaren
250-464-4122
adrian@citynest.ca
@adrianrealestatevictoria

Vincent Baart
vincent@citynest.ca

Jocelyn Cseff
604-907-2074

👉 Whether you’re buying, selling, or just keeping an eye on the market, this episode gives you the insights you need to stay ahead.

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