Greater Victoria Real Estate Show

Canada’s federal Foreign Buyer Ban is set to expire January 1, 2027.

Will ending it bring investment and help restart stalled housing projects—or push prices even higher?

This week on the Greater Victoria Real Estate Show, Jane Johnston, Andrew Plank and Jen Lowe discuss: 

🏠 Home prices and affordability
🏗️ Condo presales and new housing supply
💰 Foreign investment and the economy
📍 What it could mean for Victoria and B.C.

Should Canada extend the ban—or let it expire?

More homes to choose from. Fewer sales. Is Greater Victoria shifting into a buyer’s market?

In our October 2 Greater Victoria Real Estate Podcast market update, Jane Johnston, Andrew Plank and Jen Lowe break down September’s numbers—and what they mean for your next move.

Sales were down 16.4% compared with last September, with 3,811 active listings available. We’ll discuss house, townhouse and condo trends, what buyers should be watching, and why pricing and preparation matter for sellers.

Is this an opportunity for buyers? How should sellers adjust their expectations?

Watch our October 2026 Victoria BC real estate market update and bring your questions. What would you like to know about your neighbourhood? 

Statistics: Victoria Real Estate Board, September 2026.

Think a parking stall is just a parking stall? It could affect your property value, your resale potential, and even whether you can use the space the way you expect.

This week, we’re breaking down one of the most overlooked parts of buying and owning real estate: PARKING.

We’ll cover how parking can affect property value, the different types of parking you’ll find in strata properties — including leased, titled, limited common property, common property and assigned stalls— and why buyers need to understand exactly what comes with a condo or townhouse.

We’ll also discuss strata parking rules, visitor parking, EV charging, street parking and municipal restrictions, plus the parking issues buyers should investigate before removing conditions.

Whether you’re buying, selling, or already living in a strata, parking can have a much bigger impact on value, convenience and resale than many people realize.

Carmen will share what’s happening with Habitat Victoria’s latest housing projects in Saanich and Langford, how their affordable homeownership model works, and the different ways people can get involved — whether through volunteering, donating, supporting the ReStore, or helping build stronger communities across Greater Victoria.

We’ll also talk about the growing need for attainable housing on Vancouver Island and the important role organizations like Habitat for Humanity play in helping local families achieve stable homeownership.

If you’re interested in Victoria real estate, affordable housing, Saanich housing, Langford development, homeownership in Greater Victoria, or Habitat for Humanity Victoria, this is a conversation you won’t want to miss.

Is the Victoria real estate market finally settling into a more predictable rhythm?

This month, we’re looking at the latest Greater Victoria housing market numbers, including home sales, inventory, prices and what we’re seeing with buyers and sellers across Victoria, Saanich, Oak Bay and the Westshore.

Interest rates are holding steady, which is bringing a little more certainty to the market — but that doesn’t mean every property or price point is behaving the same way.

We’ll break down what’s selling, what’s sitting, where buyers have negotiating power and what sellers need to know as we head into the fall real estate market.

Whether you’re buying, selling or just keeping an eye on Victoria BC real estate, this is your September 2026 market update from the Greater Victoria Real Estate Show.

How long is a Comparative Market Analysis actually accurate — and when should you ask your REALTOR® to update it before making a real estate decision?

On this episode of the Greater Victoria Real Estate Show (GVRES), we look at how quickly property values can change and why a Comparative Market Analysis, or CMA, is really a snapshot of the market at a specific point in time. Changes in recent sales, new listings, price reductions, interest rates, inventory and buyer demand can all affect what a home may be worth today.

We also talk about one of the most important decisions a buyer or seller can make: how to find a great real estate agent. What should you look for in a REALTOR®? Does experience matter? Should you choose the agent with the biggest marketing presence, the highest suggested listing price, or the person who understands your neighbourhood, communicates well and can provide solid advice when negotiations get difficult?

Whether you're buying a home in Victoria, selling a property in Greater Victoria, considering a move to Vancouver Island, or simply trying to understand the current Victoria BC real estate market, this episode offers practical advice to help you make better real estate decisions.

The Greater Victoria Real Estate Show covers real estate throughout Victoria, Saanich, Oak Bay, Esquimalt, View Royal, Langford, Colwood, Metchosin, Sooke, Sidney, North Saanich and the surrounding communities of Southern Vancouver Island.

Topics in this episode include: Comparative Market Analysis (CMA), how long a CMA is accurate, determining home value, Victoria BC home prices, choosing a REALTOR®, finding the best real estate agent, interviewing a real estate agent, buying a home in Victoria BC, selling a home in Victoria BC, Greater Victoria real estate, Vancouver Island real estate and current real estate market conditions.

You find a home you like, write an offer, and then suddenly hear there are other buyers at the table. How does a single-offer situation turn into multiple offers — and what should you do next? On this episode of the Greater Victoria Real Estate Show, we break down how multiple-offer situations develop, what sellers and listing agents are required to communicate, and how buyers can respond without getting caught up in the emotion of competition. We talk about offer timing, price, conditions, deposit, completion dates, and the other terms that can make an offer stronger — because the highest price isn’t always the offer that wins. If you’re buying a home in Victoria, BC, Greater Victoria, or Vancouver Island, this episode will help you better understand the multiple-offer process and make more informed decisions when competition appears.

Jen and Andrew are going to be discussing what happens when we have unexpected conditions demanded by the lender to be fulfilled either before condition removal or within a limited time period after possession.

Greater Victoria Real Estate Market Update | July 2026 Sales, Prices & Buyer Opportunities

What is really happening in the Greater Victoria real estate market as we move through the summer of 2026?

In this month’s market update, Jane Johnston, Andrew Plank and Jen Lowe look beyond the headlines to explain where homes are selling, where activity has slowed and where buyers may now have greater negotiating power.

A total of 673 properties sold across the Victoria Real Estate Board region in July—just 1% fewer than July 2025—while active inventory rose 3.9% year over year to 3,847 listings. Detached-home sales increased by 4.1%, but condominium sales fell by 7.1% and townhouse sales declined by 15.5%.

We examine why detached homes in Langford and Colwood are holding up comparatively well, while prices have softened across much of the Victoria Core and in areas such as Sooke, View Royal, Saanich West, Metchosin and the Gulf Islands. We also discuss the opportunities developing in the condo market, where benchmark prices have declined in Victoria, Langford, Colwood, Oak Bay and Victoria West.

Townhouse sales have slowed, but prices remain relatively resilient—particularly in the Victoria Core—showing why Greater Victoria cannot be described as one single market. Different locations and property types are moving in very different directions.

For buyers, this episode identifies where more inventory, longer market times and declining prices may create opportunity. For sellers, we explain why preparation, presentation and accurate pricing are especially important in a balanced but highly selective market.

Are you considering a variable-rate mortgage or buying a home in Victoria, BC? In this episode of the Greater Victoria Real Estate Show, we explore two important topics for homebuyers, homeowners and sellers.

First, Jen explains how a fixed-payment variable-rate mortgage works. These mortgages can provide the budgeting certainty of a consistent payment while allowing borrowers to continue paying down their mortgage. We discuss what happens when interest rates rise or fall, how payment allocation can change and what borrowers should understand before selecting this type of mortgage.

We then look at what buyers can do when a home inspection uncovers deficiencies after an offer has been accepted. Should you ask the seller to complete repairs, negotiate a price reduction, request different terms, obtain additional inspections or proceed with the purchase as written? We discuss how the seriousness of the issue, the wording of the inspection condition, the strength of the market and the buyer’s comfort level can influence the strategy.

Whether you are buying, selling or financing a home in Greater Victoria, this episode offers practical guidance to help you make informed real estate decisions.