Latest News - Prestigious Properties In Victoria

Real Estate Victoria BC ? Housing Market Favours Buyers

Sales Drop and Inventory Up in Victoria BC The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 23 per cent to 7,722 units in June compared to the same month last year. On a seasonally adjusted basis, MLS® residential unit sales in the province declined 5 [...]

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Victoria BC Real Estate ? Home Buyers Facing Less Competition

Real Estate Inventory Up The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 4 per cent to 7,950 units in May compared to the same month last year. On a seasonally adjusted basis, MLS® residential unit sales in the province declined 11 per cent in May [...]

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Victoria BC Real Estate ? Weekly Mortgage Update

Weekly Mortgate Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionals? Mortgage Rates Effective June 11, 2010 Term Our Best Rate Bank Rates 6 Month Open 5.75% 6.45% 6 Month Closed 3.95% 4.90% 1 Year 2.64% 3.05% 2 Year 3.20% 3.90% 3 Year 3.65% 4.25% 4 Year 4.19% 4.69% 5 Year 4.25% 4.90% 6 Year 5.05% 5.25% 7 Year 4.95% 5.30% 9 Year 5.18% 5.73% 10 Year 5.59% 5.95%       1 Year Variable P-.20%   3 Year Variable P-.50%                     5 Year Variable P-.55%   Prime Rate 2.50%   *Rates subject to change without notice If you are planning to purchase real [...]

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