Spring Market Victoria Real Estate Update: Houses Recover, Condos Struggle

Send us Fan MailIs Victoria's real estate market actually splitting into two different stories right now? On this episode of the Victoria Real Estate Podcast, Adrian and Vince break down what's really happening with single family homes versus condos — and why one is stabilizing while the other keeps sliding.David from Olympic Mortgage joins with an economic and mortgage rate update to round out the picture.In this episode:Why single family homes are showing signs of recovery while condos remain stuck in a slumpWhat's actually driving condo demand right now — and why investor buyers have mostly disappeared from that marketA new grant from the City of Victoria aimed at preserving existing affordable housing stock — who qualifies and how to applyDavid's take on where mortgage rates and the broader economy are headingA major condo tower approved for downtown Victoria — including some genuinely unique design choices (hint: no balconies, but "sky gardens" instead)This week's trivia: how well do Vince and Adrian actually know Victoria real estate history?Whether you're buying, selling, or just like staying plugged into what's happening in Victoria real estate, this one's worth a listen.Produced by: The CityNest Real Estate GroupCitynest.ca🎧 Sponsored By: caninecarcare.comClean car = instant confidence. Mobile detailing with a satisfaction guarantee.Connect with us: Have a question or want to be a guest on the show? Adrian [email protected]://www.instagram.com/adrianrealestatevictoria/Vincent Baarthttps://www.linkedin.com/in/vincentbaart/David [email protected]