Real estate activity in the Vancouver Island Real Estate Board (VIREB) area picked up in June following a sluggish spring. In Q2 2025, there were 2,247 residential sales totalling $1.8 billion, up 4.8% in the number of transactions and 6.8% in value compared to the same period last year. However, this growth was largely driven by a strong June, with overall market activity still muted. Sales remain well...
The federal election, tariff turbulence and mixed economic signals dominated headlines during the spring and first weeks of summer of 2025. Faced with growing uncertainty, many homebuyers across Canada hit pause, choosing to delay major decisions until clearer signs of stability emerged. According to the Royal LePage® House Price Survey and Market Forecast released today, the aggregate1 home...
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