The Market Is Slow But Still Moving

Lately we have seen a slowdown in the number of homes selling and inventory pilling up as a result. There are still sales happening at the same prices as we have seen all year but the volume of these sales has come down substantially (30% or so) to approx 500 per month. This is an unusually low amount of sales for Victoria. As the season moves on we may see more activity with buyers who feel comfortable investing the Victoria Real Estate Market return to the arena.