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Prices nudge up amid strong demand in Victoria real estate market

Prices nudge up amid strong demand in Victoria real estate market

Last month’s real estate sales set a another record for the average selling price for a single-family home in Greater Victoria as rising sales of luxury homes, demand for single-family houses, low interest rates and tight supply combined to fuel the
Victoria’s Old Town taking on new look

Victoria’s Old Town taking on new look

Workers are repairing the old brick smokestack rising out of the historic Powerhouse building near Rock Bay.
Driftwood Brewery moving to Viewfield Road site in Esquimalt

Driftwood Brewery moving to Viewfield Road site in Esquimalt

Driftwood Brewery was handed the keys to its new home on Friday after the Capital Regional District finalized the sale of a warehouse on Viewfield Road in Esquimalt. The CRD sold the building for $11.
Les Leyne: Self-insurance is an option for condo owners

Les Leyne: Self-insurance is an option for condo owners

A new idea has bubbled up in the legislature since the condo insurance crisis started boiling over. It’s the concept of self-insurance — providing a means for condo residents to manage their own insurance coverage.
Colwood approves Royal Bay expansion; up to 2,100 homes

Colwood approves Royal Bay expansion; up to 2,100 homes

Colwood has approved a comprehensive plan for the Latoria South portion of Royal Bay where up to 2,100 new homes and a commercial centre are mapped out at the former gravel pit.
Up to 2,100 homes, range of services pitched for Royal Bay development

Up to 2,100 homes, range of services pitched for Royal Bay development

A proposal for up to 2,100 homes in two new neighbourhoods on a former gravel pit at Royal Bay goes to a public hearing in Colwood on Monday.
Les Leyne: Empathy for condo owners’ woes but not much else

Les Leyne: Empathy for condo owners’ woes but not much else

Municipal Affairs and Housing Minister Selina Robinson is oozing empathy for condo residents getting hammered by insurance companies on their strata insurance policies. But that’s about all she’s got.
Average house price tops $1M amid sales surge for luxury homes in busy June

Average house price tops $1M amid sales surge for luxury homes in busy June

An unusually high number of luxury home sales in a busy June pushed the average selling price for a single-family home in Greater Victoria to more than $1 million for the first time.
B.C. Housing explains why it paid millions above assessed value for Paul’s Motor Inn

B.C. Housing explains why it paid millions above assessed value for Paul’s Motor Inn

B.C. Housing paid about $15 million — several million above the assessed value — when it bought Paul’s Motor Inn to provide shelter and support for people without homes.
New tallest building on Island is in downtown Victoria

New tallest building on Island is in downtown Victoria

The tallest building on 91Ô­´´ Island is officially complete.