GVRES June 2026 Month Market Update... What's Really Happening in the Market

Bank of Canada Watch + What’s Really Happening in the Greater Victoria Market | Greater Victoria Real Estate ShowThis week on the Greater Victoria Real Estate Show, Jane Johnston, Andrew Plank, and mortgage specialist Jen Lowe will be talking about the upcoming Bank of Canada rate announcement on July 15 and what we anticipate the decision may mean for buyers, sellers, and mortgage holders.We’ll also break down what we’re seeing in the Greater Victoria market right now — and why the answer is not the same for every property.Some segments are still moving well when pricing, presentation, and location line up. Others are taking longer, especially where buyers have more choice or where a property has a drawback that needs to be priced in from the start.In this episode, we’ll discuss:• What we expect from the next Bank of Canada announcement• Why rates still matter, even when buyers have adjusted to the current environment• How this month’s trends differ by product type• Why condos, townhomes, and single-family homes are not all behaving the same way• How location is affecting activity across Greater Victoria• Why pricing strategy matters more in a higher-inventory, more selective marketIf you are thinking about buying, selling, renewing, or simply trying to understand what is really happening in Greater Victoria real estate, this is a conversation worth tuning into.Hosted by Jane Johnston, Andrew Plank, and Jen Lowe. Watch on YouTube, stream on Facebook, or listen wherever you get your podcasts.