Understanding the Victoria Market
Victoria has seen one of the most significant real estate surges in Canada. As of 2018, the median price of a home is $980K, for a townhouse it is $725K and for a condo $469K.
Understanding how to navigate this market is an important skill that we provide at Spin Mortgage. As homeowners and mortgage experts in this region, we’ve been helping people just like you access the money to purchase within this space. Our careful process of securing mortgages ensures that we take into account your situation and profile and share all your options with you.
In the past year alone, the asking price for homes here has increased by over 3.26 percent. It’s a hot market that we can help you join.