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Attention Property Managers, Building owners and Strata Council Members.


BCCondos.net, the largest and most comprehensive online source of strata building information in B.C., is pleased to announce that it is partnering with Titan Enersave, a Burnaby based LED lighting consultancy, to provide residential strata owners and property managers with an array of complementary value-added services as well as significant revenue generating and cost saving opportunities, which include:

- Complementary energy audit and LED lighting upgrade proposal by a dedicated team of lighting professionals and financial experts, and an opportunity to reduce BC Hydro energy and building maintenance costs by over 40% per year.

- A unique website building page on BCCondos.net which will be password protected and may be used for posting notices, emergency announcements, minutes, current events, etc. Only the strata building owners would have access to this private section. At no cost.

- A document archive system for floor plans, strata minutes, Depreciation & Engineering reports, budgets, repairs history, etc, all password protected. A priceless feature to have. At no cost.

- Individual strata owners will be able to post rentals of their units on the main page which can be viewed by the general public. At no cost.

- A unique opportunity for strata corporations to earn income averaging $15,000 to $30,000 per year. At no cost

-Enjoy the benefits of association with BCCondos.net which has 11,000+ strata building pages online and over 15,000 unique visitors to the website each day, and growing fast.

Click here to see more details.

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i) REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

ii) The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

iii) This website is operated by a brokerage who is a member of The Canadian Real Estate Association.

iv) The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.


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Victoria Real Estate Board Update

Victoria Real Estate Market Starts the Year with Fewer Listings and Above Average Activity

 

February 1, 2017 -  A total of 478 properties sold in the Victoria Real Estate Board region this January, 11.3 per cent fewer than the 539 properties sold in January last year.

Inventory levels edged lower, with 1,516 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2017, 38.6 per cent fewer than the 2,471 active listings at the end of January 2016.

"The numbers we saw last year are not the new normal. We know that we are not going to see sales volumes this year that meet or beat last year's record breaking numbers," notes 2017 Board President Ara Balabanian. "When compared to the month of January's ten year average, which is 384 transactions, sales in January 2017 are nearly 25 per cent higher than average. The least active January we saw in the past ten years was in 2009 with 247 sales, and the most active was last year."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in January 2016 was $616,700. The benchmark value for the same home in January 2017 has increased by 24.4 per cent to $767,000.

"It's early in the year to make predictions," adds President Balabanian. "Over the last few decades, the historic cycle in Victoria is longer periods of stable activity and price followed by a rapid rise in activity and property values over a relatively short period of time. The coming months will provide us with a better idea of where we are in this cycle."

About the Victoria Real Estate Board - Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,327 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.

View our press release and summary here.

View our complete statistical package here. 

For More Information 

Victoria Real Estate Board
Denise Hogue, Communications Manager

Phone: 250-920-4652

 

 

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