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</header> <div class="x-container max width offset"> <div class="x-main full" role="main"> <article id="post-550" class="post-550 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/a-slight-uptick-in-sales-and-inventory-but-victoria-market-still-requires-commitment-to-homes/" title="Permalink to: "A slight uptick in sales and inventory, but Victoria market still requires commitment to homes"">A slight uptick in sales and inventory, but Victoria market still requires commitment to homes</a> </h2> </header> <div class="entry-content excerpt"> <p>November 1, 2022 A total of 480 properties sold in the Victoria Real Estate Board region this October, 35.6 per cent fewer than the 745 properties sold in October 2021 but a 17.1 per cent increase from September 2022. Sales of condominiums were down 39 per cent from October 2021 with 152 units sold. Sales of single family homes decreased … </p> <div><a href="https://dirkvanderwal.com/a-slight-uptick-in-sales-and-inventory-but-victoria-market-still-requires-commitment-to-homes/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-551" class="post-551 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/the-q-report-q3-2022/" title="Permalink to: "The Q Report – Q3 2022"">The Q Report – Q3 2022</a> </h2> </header> <div class="entry-content excerpt"> <p>INTRODUCTION What Actually Happened. If you’ve read The Q Report before, you’ve seen us use this phrase, and know it’s not a question. As we reconvene to research and write this edition, as we have been doing for nearly five years, we recognize that we have not witnessed a sea change anything like what we are in the midst of. … </p> <div><a href="https://dirkvanderwal.com/the-q-report-q3-2022/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-549" class="post-549 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/less-pressure-on-buyers-in-august-in-the-victoria-real-estate-market/" title="Permalink to: "Less pressure on buyers in August in the Victoria real estate market"">Less pressure on buyers in August in the Victoria real estate market</a> </h2> </header> <div class="entry-content excerpt"> <p>September 1, 2022 A total of 478 properties sold in the Victoria Real Estate Board region this August, 42.5 per cent fewer than the 831 properties sold in August 2021 and a 6.3 per cent decrease from July 2022. Sales of condominiums were down 57.1 per cent from August 2021 with 148 units sold. Sales of single family homes decreased … </p> <div><a href="https://dirkvanderwal.com/less-pressure-on-buyers-in-august-in-the-victoria-real-estate-market/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-544" class="post-544 post type-post status-publish format-standard has-post-thumbnail hentry category-market-conditions"> <div class="entry-featured"> <a href="https://dirkvanderwal.com/whats-the-emotional-return-on-investment-of-a-new-home/" class="entry-thumb" title="Permalink to: "What’s the “Emotional” Return on Investment of a New Home?""><noscript><img width="840" height="840" src="https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi.jpg" class="attachment-entry-fullwidth size-entry-fullwidth wp-post-image" alt srcset="https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi.jpg 840w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-300x300.jpg 300w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-150x150.jpg 150w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-768x768.jpg 768w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-75x75.jpg 75w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-100x100.jpg 100w" sizes="(max-width: 840px) 100vw, 840px"></noscript><img width="840" height="840" src="data:image/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20840%20840%22%3E%3C%2Fsvg%3E" class="attachment-entry-fullwidth size-entry-fullwidth wp-post-image lazyload" alt srcset="data:image/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20840%20840%22%3E%3C%2Fsvg%3E 840w" sizes="(max-width: 840px) 100vw, 840px" data-srcset="https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi.jpg 840w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-300x300.jpg 300w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-150x150.jpg 150w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-768x768.jpg 768w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-75x75.jpg 75w, https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi-100x100.jpg 100w" data-src="https://dirkvanderwal.com/wp-content/uploads/2022/07/emotionalroi.jpg"></a> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/whats-the-emotional-return-on-investment-of-a-new-home/" title="Permalink to: "What’s the “Emotional” Return on Investment of a New Home?"">What’s the “Emotional” Return on Investment of a New Home?</a> </h2> </header> <div class="entry-content excerpt"> <p>Chances are, you’ve heard the expression, “Your home is your biggest investment.” For most homeowners, that’s true. So, when you’re shopping for a new home, it’s important to consider the financial ramifications of any purchase. Ideally, you want a home that is likely to increase in value over time. In other words, you want a home with a strong potential … </p> <div><a href="https://dirkvanderwal.com/whats-the-emotional-return-on-investment-of-a-new-home/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-548" class="post-548 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/the-q-report-q2-2022/" title="Permalink to: "The Q Report – Q2 2022"">The Q Report – Q2 2022</a> </h2> </header> <div class="entry-content excerpt"> <p>INTRODUCTION Well, it has been an interesting quarter in Victoria real estate, to say the least. The current numbers demonstrate clearly that we are now past the peak of the market, which continues to cool as interest rates ascend. At press time, we are still seeing multiple media outlets reporting that prices have continued to rise even as sales volumes … </p> <div><a href="https://dirkvanderwal.com/the-q-report-q2-2022/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-543" class="post-543 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/victorias-hot-housing-market-levels-off-supply-still-important-for-long-term-attainability/" title="Permalink to: "Victoria’s hot housing market levels off, supply still important for long-term attainability""><div>Victoria’s hot housing market levels off, supply still important for long-term attainability</div></a> </h2> </header> <div class="entry-content excerpt"> <p>July 4, 2022 A total of 612 properties sold in the Victoria Real Estate Board region this June, 35 per cent fewer than the 942 properties sold in June 2021 and a 19.6 per cent decrease from May 2022. Sales of condominiums were down 40.2 per cent from June 2021 with 202 units sold. Sales of single family homes decreased … </p> <div><a href="https://dirkvanderwal.com/victorias-hot-housing-market-levels-off-supply-still-important-for-long-term-attainability/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-542" class="post-542 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/pace-of-the-greater-victoria-real-estate-market-steady-into-spring/" title="Permalink to: "Pace of the Greater Victoria real estate market steady into spring"">Pace of the Greater Victoria real estate market steady into spring</a> </h2> </header> <div class="entry-content excerpt"> <p>June 1, 2022 A total of 761 properties sold in the Victoria Real Estate Board region this May, 27.5 per cent fewer than the 1,049 properties sold in May 2021 and a 7.6 per cent decrease from April 2022. Sales of condominiums were down 23.1 per cent from May 2021 with 250 units sold. Sales of single family homes decreased … </p> <div><a href="https://dirkvanderwal.com/pace-of-the-greater-victoria-real-estate-market-steady-into-spring/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-541" class="post-541 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/spring-is-traditionally-the-busiest-real-estate-season-but-early-on-victorias-market-sees-a-change-in-tempo/" title="Permalink to: "Spring is traditionally the busiest real estate season, but early on Victoria’s market sees a change in tempo""><div>Spring is traditionally the busiest real estate season, but early on Victoria’s market sees a change in tempo</div></a> </h2> </header> <div class="entry-content excerpt"> <p>May 2, 2022 A total of 824 properties sold in the Victoria Real Estate Board region this April, 26.2 per cent fewer than the 1,116 properties sold in April 2021 and a 1.1 per cent decrease from March 2022. Sales of condominiums were down 20.8 per cent from April 2021 with 262 units sold. Sales of single family homes decreased … </p> <div><a href="https://dirkvanderwal.com/spring-is-traditionally-the-busiest-real-estate-season-but-early-on-victorias-market-sees-a-change-in-tempo/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-530" class="post-530 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/victoria-real-estate-market-continues-to-experience-low-inventory-and-high-demand/" title="Permalink to: "Victoria real estate market continues to experience low inventory and high demand"">Victoria real estate market continues to experience low inventory and high demand</a> </h2> </header> <div class="entry-content excerpt"> <p>April 1, 2022 A total of 833 properties sold in the Victoria Real Estate Board region this March, 29 per cent fewer than the 1,173 properties sold in March 2021 but a 16 per cent increase from February 2022. Sales of condominiums were down 26 per cent from March 2021 with 279 units sold. Sales of single family homes decreased … </p> <div><a href="https://dirkvanderwal.com/victoria-real-estate-market-continues-to-experience-low-inventory-and-high-demand/" class="more-link">Read More</a></div> </div> </div> </article> <article id="post-531" class="post-531 post type-post status-publish format-standard hentry category-market-conditions no-post-thumbnail"> <div class="entry-featured"> </div> <div class="entry-wrap"> <header class="entry-header"> <h2 class="entry-title"> <a href="https://dirkvanderwal.com/the-q-report-q1-2022/" title="Permalink to: "The Q Report – Q1 2022"">The Q Report – Q1 2022</a> </h2> </header> <div class="entry-content excerpt"> <p>INTRODUCTION Thank you for reading The Q Report. This edition breaks down what actually happened in the headline-grabbing real estate market in early 2022 with a full analysis of the quarterly market numbers, and a backgrounder on the national and international macro forces that are influencing homebuyers’ decision making at the local level. After last quarter’s deep dive on inventory … </p> <div><a href="https://dirkvanderwal.com/the-q-report-q1-2022/" class="more-link">Read More</a></div> </div> </div> </article> <div class="x-pagination"><ul class="center-list center-text"> <li><span class="pages">Page 6 of 9</span></li><li><a href="https://dirkvanderwal.com/category/market-conditions/page/5/" class="prev-next hidden-phone">←</a></li><li><a href="https://dirkvanderwal.com/category/market-conditions/" class="first" title="First Page">1</a></li><li><span class="expand">...</span></li><li><a href="https://dirkvanderwal.com/category/market-conditions/page/5/" class="single_page" title="5">5</a></li><li><span class="current">6</span></li><li><a href="https://dirkvanderwal.com/category/market-conditions/page/7/" class="single_page" title="7">7</a></li><li><span class="expand">...</span></li><li><a href="https://dirkvanderwal.com/category/market-conditions/page/9/" class="last" title="Last Page">9</a></li><li><a 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