Sales are up slightly, but the number of homes listed in Greater Victoria has dropped drastically.
Sales are up slightly, but the number of homes listed in Greater Victoria has dropped drastically.
The BC Real Estate Association report shows just under 13-hundred homes were listed last month -- that's a 44-per cent drop from October of 2015, the largest provincial decrease listed in the report.
The average sale price of $615-thousand dollars represents a 13-per cent increase over the previous October.
While residential sales in Victoria were up slightly, there was a big drop in Greater Vancouver. When compared to the previous October, home sales increased by 3-per cent locally while decreasing by 38-per cent in Vancouver.