Monthly Market Update June 2, 2026

Today on the Greater Victoria Real Estate Show, we’re diving into the latest monthly market update and what higher inventory levels mean for buyers and sellers in this spring market.With more listings coming to market, buyers have more choice — but that does not always mean every property is negotiable or every seller is under pressure. We’ll talk about how to read the market properly, where opportunity may exist, and why pricing, presentation, and strategy still matter.Jen Lowe will also be joining us to talk mortgages, including an important conversation about variable rate mortgages. Did you know a variable rate mortgage can be structured with either fixed monthly payments or payments that fluctuate as rates change? Jen will explain the difference, how each option affects borrowers, and what buyers should understand before making a decision.Whether you’re buying, selling, refinancing, or simply trying to understand what is happening in the Greater Victoria real estate market, today’s conversation will help bring clarity to the numbers, the strategy, and the decisions ahead.