Victoria Housing Market Update: What Buyers & Sellers Need to Know
Description
This month, the Victoria Real Estate Podcast — Adrian Maclaren, Vincent Baart, Jocelyn Cseff, and mortgage broker David Steinberg — break down the latest trends shaping Victoria’s real estate market. From sales momentum to a brand-new downtown hotel project, here’s what you’ll hear in this episode:
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🏡 Market Debate: Best Investment Under $750K
- Adrian, Vince, David, and Jocelyn share their picks — from fixer-uppers to townhomes with rental potential.
- Practical examples of listings that fit today’s market.
💰 Mortgage Update with David Steinberg
- Fixed vs variable: which makes more sense right now?
- Hybrid mortgage options explained.
- How today’s bond yields and inflation trends are influencing rates.
🏨 Real Estate News: First New Victoria Hotel in 20 Years
- Hyatt-branded 8-storey, 167-room hotel breaks ground downtown.
- $14.9M annual economic impact and ~94,000 new visitors expected.
- Why more hotel projects are in the pipeline for Greater Victoria.
📍 Neighbourhood Spotlight: View Royal
- Family-friendly, affordable, and rich in history.
- Home to Thetis Lake, Galloping Goose Trail, and Victoria General Hospital.
- Why View Royal is gaining popularity among buyers.
📊 Summer 2025 Market Update Highlights
- 761 sales in June → up ~100 from last year.
- Sales fully recovered from early 2025 slowdown.
- Record-high new listings for June, but lots of “recycled” inventory.
- Market warming up → now on the warm side of balanced. (especially in SFD)
- Prices stable overall; condos dipped slightly.
Produced by: The CityNest Real Estate Group
Citynest.ca
Edited by: Daniel Castillo
David Steinberg
david@olympicmortgages.ca
778.401.4712
Adrian Maclaren
250-464-4122
adrian@citynest.ca
@adrianrealestatevictoria
Vincent Baart
vincent@citynest.ca
Jocelyn Cseff
604-907-2074
👉 Whether you’re buying, selling, or just keeping an eye on the market, this episode gives you the insights you need to stay ahead.
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