I just sold this Condominium at #207- 2277 Oak Bay Avenue, Oak Bay, Victoria, BC .  The complex name is "The Hamilton" and is located directly across from the Italian bakery and delicatessen called "Ottavio" (www.ottaviovictoria.com).  

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I just sold this House at 893 Maltwood Terrace, Broadmead,Victoria, BC .

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I just sold this House at 2385 Zela Road, Oak Bay, Victoria, BC .

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Canada'a Real Estate Market in 2007

Phil Soper, President of Royal LePage announced that Canada's real estate market posted significant gains in the fourth quarter of 2007 and showed little sign of the traditional seasonal slowdown.  Mr. Soper  said "As we move into the new year, activity levels are expected to wane from the frantic pace that many regions of the country experienced in 2007; however, average prices are expected to continue to rise, albeit at a much more moderate pace.  Canadian buyers and sellers can expect healthy, balanced conditions in 2008 - the best environment for a strong and sustainable real estate market."  Please click here to read the full release

The Royal LePage Survey of Canadian House Prices is the largest, most comprehensive study of its kind in Canada, with information on seven types of housing in over 250 neighbourhoods from coast to coast.

I just sold this House at 941 Foul Bay Road, Victoria, BC .

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Royal LePage President, Phil Soper is engaged in media interviews today and throughout the week discussing The Royal LePage 2008 Market Survey Forecast that was distributed to the media this morning.  Nationally, house prices are forecast to increase by 3.5% and unit sales are expected to decrease by 4.0% in 2008. 

I hope you enjoy reading the survey and if there is anything I can help you with please call toll free 1.800.550.0585 or in Victoria, BC call 744.4556

Wishing you a Happy Holiday Season!  Cheers! 

I just sold this House at 2535 Wentwich Road, Victoria, BC .

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I just finished uploading this Condominium for sale, #207 - 2277 Oak Bay Ave, Oak Bay, Victoria, BC

'The Hamilton' is a well established, mature concrete building and yet this condo is as though it were brand new because it was just designer refurbished! Oak Bay Village is at your doorstep and no stairs to deal with - this is the condo you will compare everything else to. It is the perfect example of quality, taste, and convenience equalling elegance. New Kitchen Aid Stainless Steel appliances, Hunter Douglas 'Silhouette' window coverings. Secure underground parking...location is everything!

I just finished uploading this House for sale, 1094 Donwood Drive, Saanich East,Victoria,BC, Canada

Wonderful 4.94 acre estate offering park like lawns that gently slope towards a lovely pond and the woods of Blenkinsop Valley. The property contains a superb, impeccably built 3,600 square foot "log" home. A 2,560 square foot, 2-level, fully equiped 4-stall barn, large separate garage and double carport. This really is a dream "Broadmead" estate offering wonderful views of Mt. Doug and the valley, ideally situated just minutes from town, yet in a unique rural setting. Call for full details!

Royal LePage posted some interesting facts about the Canadian Real Estate market, below is a brief excerpt of the article.   You can  download the original PDF at the bottom of this post.

 “Much like the Canadian dollar, the Canadian housing market is charting its own course, quite independent from the United States and its currency and housing climate.  The strength of the Canadian dollar, and the fact that the country is adjusting well to its value, will continue to keep interest rates at their existing low-to-moderate levels, boding well for buyers looking to enter the market,” said Phil Soper, president and chief executive, Royal LePage Real Estate Services.  “From coast-to-coast, the country’s rich commodity markets have had tremendous impact on local economies, and there is no indication that this will change anytime soon.” 

 [DOWNLOAD LINK BELOW]
Demand Supports Rising Housing Prices.