Victoria Real Estate: Return to a Balanced Market?

With warmer temperatures set to hit the Greater Victoria region this week, Victoria real estate is starting to pick up, too. We had a delayed end to those grey, rainy days, and buyers and sellers seemed to take the hint and stay put. Last month, 885 properties were sol...

Foreign Buyers Tax: Victoria City Council Votes to Ask Province

On Thursday, Victoria's city council passed a resolution in a 5-to-3 vote to ask the BC government to immediately include Victoria in the foreign buyers tax in an effort to cool the red-hot market here. Specifically, council hopes to discourage non-resident speculative bu...

The Condo Group: Our Tenth Anniversary in Victoria

2017 marks the 10th anniversary for The Condo Group here in the Greater Victoria community, and we couldn’t be more proud. With hard work and dedication to our company, we have achieved many milestones, including selling over 2,000 condos, and establishing ourselves as a ...

Victoria Real Estate: Board Releases March Stats

The cherry blossoms have arrived, officially marking the start of spring in our fair city, and with that comes the spring real estate market. Victoria Real Estate Board has now released their March stats, and the details aren’t anything we didn’t see coming. [caption i...

Canada: Federal Government Releases 2017 Budget

Last week, the federal Liberal government in Canada released their budget for the upcoming year. If you want to read the full budget, you can find a copy of it here: http://www.budget.gc.ca/2017/home-accueil-en.html. To make things a bit easier, here are three things we t...

New Condo Development: 989 Victoria’s Presentation Centre Opens

Tomorrow, a new condo development in Victoriawill open its presentation centre to the public. 989 Victoria, on the corner of Johnson and Vancouver, offers modern floorplans with timeless features, including quartz countertops, wood cabinetry features, hardwood flooring, a...

Canada Revenue Agency: Declare the Sale of Your Home!

It’s tax season, so while you have already thought about RRSP contributions and finding those receipts from last July for the Canada Revenue Agency, have you thought about claiming the sale of your home? [caption id="attachment_6773" align="aligncenter" width="300"] La...

Real Estate Investment: You Got the Condo. Now What?

As the Victoria real estate market continues to heat up, we have more buyers vying to get a piece of the market and into a real estate investment, opting to buy rentable, desirable condos, especially ones in and around the downtown core. But, as an investor, what do you w...

Victoria Real Estate Board: February Stats Are Out!

Can you believe that we’re already into March? The good news is that, despite the snow still threatening to fly, we are on our way to spring! And before the flurry of the spring market hits us, let’s take a look at the Victoria Real Estate Board stats on how February turn...

Property Transfer Tax: BC Government Changes Thresholds

When buyers are out looking at condos and working on their budgets, they sometimes don’t always take into account the additional costs that can go with that purchase. For example, a buyer will have to account for any inspection costs, any mortgage closing costs, and the l...
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