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MARKET REPORT

Greater Victoria housing forecast improves
By THE TIMES COLONIST  Greater Victoria will buck a national trend and will see an increase in the number of new homes, says a new report from Canada Mortgage and Housing Corp. The region will see 1,700 starts this year and 1,800 in 2015, an increase of 0.9 per cent and 6.8 per cent over the 1,685 in 2013. GO TO ARTICLE >>
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CMHC Housing Now Report
By CMHC Highlights • Victoria area housing starts trended higher in December. • Actual total housing starts remained steady at 1,685 starts in 2013, essentially unchanged from 1,700 in 2012. • Only apartments recorded an increase in new construction relative to 2012 levels, while all other housing types experienced a decrease. GO TO ARTICLE >>
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Demand for luxury homes still strong in Canada
By THE FINANCIAL POST The luxury end of the Canadian housing market shows no signs of slowing down, at least according to one real estate company. GO TO ARTICLE >>
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