In late 2025, the Victoria condo market showed a significant divergence between condominium activity and other housing segments. Sales of condos in the Victoria Real Estate Board region were down 21.5 per cent year-over-year in December 2025, while single family home sales dipped just 2.6 per cent and overall market sales remained relatively stable. For buyers unsure whether to enter the market, understanding the forces behind this lag and what it signals for 2026 can help shape smart decisions. A Noticeable Slowdown in Condo Transactions December 2025 data showed only 106 condominiums sold, against a backdrop of broader market stability. This contrasts sharply with earlier segments of the market and highlights a notable trend: condos slowed more meaningfully than detached homes as year-end activity tapered. Part of this pattern reflects typical seasonal slowdown, as buyers often delay decisions during winter holidays. However, the depth of the condo decline — over 20 percent year-over-year — suggests other dynamics at play. Why Condos Lagged More Than Detached Homes A few factors contributed to the relative weakness in the condo segment: Increased Inventory and Buyer Choice Inventory levels in late 2025 were healthier than in previous tight-market years, with active listings up notably year-over-year. More choice gives buyers time to compare options and reduces urgency, particularly in slower market segments like condos. Buyer Preferences Shift Many buyers prioritize space, outdoor access, and layout features that are often easier to find in townhomes and detached homes. This preference can dampen condo demand when interest rates and financing costs remain higher than in prior low-rate periods. Lifestyle and Hybrid Work Patterns Remote and hybrid work has kept interest strong for larger homes, which can reduce pressure on small urban condos as primary residences. Instead, condos may appeal more to downsizers, investors, or niche buyers, moderating sales volume. Prices Flat But Not Falling Despite slower activity, condo prices in the Victoria Core were largely stable in late 2025. The MLS® Home Price Index showed benchmark condo values slightly higher year-over-year — approximately $549,900 in December 2025 compared with $546,100 in December 2024 — but effectively flat month-to-month. Flat values in the face of lower sales can be a positive sign: it indicates underlying demand remains, even if buyers are taking more time to transact. Prices holding steady — rather than declining sharply — suggests a balanced market rather than a distressed segment. What This Means for 2026 Buyers For buyers considering condos in 2026, the late 2025 patterns point to opportunity and patience: Opportunity in Negotiation Slower sales often translate into less competition and more room for negotiation. Well-priced condos in desirable buildings or locations may attract strong interest, but buyers are not facing multiple offers at peak premiums. Balanced Market Dynamics With prices relatively stable and inventory higher than in recent tight markets, buyers can take time for thorough due diligence without rushing. This is a marked contrast to earlier periods of extreme competition. Segment-Specific Strategy Matters Not all condos are the same: walkable urban core units with strong rental appeal or features that meet modern lifestyle preferences (like flexible workspaces) remain attractive. Buyers looking for lifestyle value — not just entry-level ownership — may find compelling options without paying a steep premium. Timing and Seasonal Trends Entrants in early 2026 can benefit from usually quieter winter and early spring activity before peak buying season arrives. Education, financial readiness, and clear criteria will position buyers to act when good value appears. Final Thoughts The 21.5 per cent year-over-year drop in condo sales late in 2025 reflects a mix of seasonal patterns, broader buyer preferences, and improved inventory levels. Meanwhile, flat condo values suggest that underlying demand has not evaporated — it’s just evolving. For 2026 buyers, this environment offers more choice, time to negotiate, and opportunities to find good value in the condo segment, especially for those prioritising urban lifestyle, rental potential, or long-term ownership goals. If you’re considering a condo purchase in Victoria this year, contact our team to review current options and develop a strategy tailored to today’s market realities.   Andy M., 5-Star Review, via Google “Thank you so much to Faber group for their amazing customer service. Cal and Scott were there for us every step of the way and we couldn’t be more pleased with our sale and purchase.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Oak Bay  character homes continue to attract buyers seeking architectural charm, established neighbourhoods, and strong long-term value. Located just east of downtown Victoria, Oak Bay offers heritage appeal, coastal beauty, and consistent demand that has supported property stability for decades. Buyers drawn to timeless design and prestigious neighbourhoods often prioritise Oak Bay for both lifestyle and investment potential. Historic Architecture Creates Lasting Appeal Many Oak Bay character homes feature early 20th century craftsmanship, including Arts and Crafts, Tudor Revival, and Colonial styles. These properties often showcase hardwood flooring, detailed millwork, leaded glass windows, and unique exterior detailing. Buyers frequently value these features because they provide individuality and architectural authenticity rarely replicated in newer construction. Additionally, heritage design contributes to neighbourhood consistency. Streets lined with mature landscaping and preserved home styles create strong visual identity, which helps maintain long-term buyer demand. Limited Land Supply Supports Value Stability Oak Bay’s geographic boundaries and established zoning limit large-scale redevelopment. As a result, supply remains naturally constrained. Limited inventory helps sustain pricing strength, particularly for well-maintained character homes in desirable micro-locations such as South Oak Bay, Gonzales, and Estevan. Because new land development opportunities remain scarce, existing homes often benefit from long-term appreciation trends driven by supply constraints and continued buyer interest. Community Lifestyle Strengthens Demand Oak Bay consistently appeals to buyers seeking walkability, coastal recreation, and village-style amenities. Residents enjoy easy access to Willows Beach, Oak Bay Marina, and local shopping along Oak Bay Avenue. Schools, parks, and community programming also support strong family and multi-generational appeal. Lifestyle desirability plays a significant role in sustaining demand for Oak Bay real estate character homes. Buyers frequently prioritise neighbourhood atmosphere alongside property features when making purchasing decisions. Renovation Potential Adds Investment Opportunity Many character homes in Oak Bay offer renovation and modernisation potential. Buyers often update kitchens, mechanical systems, or living layouts while preserving historic architectural elements. Thoughtful renovations can increase both functionality and resale value. However, buyers should carefully review municipal guidelines, particularly for heritage-designated properties. Understanding renovation restrictions and permit requirements helps buyers plan upgrades effectively while protecting historical value. Premium Market Position Remains Consistent Oak Bay has historically maintained a premium position within the Greater Victoria housing market. While market cycles influence short-term pricing, Oak Bay often demonstrates resilience due to strong buyer demographics, neighbourhood prestige, and limited housing supply. High demand for waterfront proximity, established streetscapes, and architectural charm contributes to consistent buyer interest across multiple market conditions. Maintenance Considerations for Character Homes Older homes require ongoing maintenance planning. Roofing, plumbing, electrical updates, and insulation improvements may be necessary depending on the home’s age and renovation history. Buyers who budget for proactive maintenance often preserve property value and prevent costly future repairs. Professional inspections and property history reviews remain essential when purchasing older character properties. Long-Term Value Comes From Multiple Factors The enduring appeal of Oak Bay character homes stems from architecture, location, community amenities, and supply limitations. While past performance does not dictate future results, neighbourhood stability and buyer demand have historically supported long-term value trends in Oak Bay. Buyers seeking homes that combine lifestyle appeal with long-term investment potential often view Oak Bay as one of Greater Victoria’s most desirable housing markets. If you are considering buying or selling in Oak Bay, contact our team to discuss neighbourhood trends, available listings, and strategies tailored to your real estate goals.   Shandy B., 5-Star Review, via Google “Cal and Scott are exceptional realtors. We sold our beloved home with their help. They helped us price competitively and fairly, leading to a fast house sale in a slower market, as well as receiving more than we had hoped for the sale of our home. They were accommodating and respectful of our family needs, and helped us show our home in the best way possible. We felt like a priority every step of the way. The are honest and trustworthy! All the stars for the Faber group” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Manufactured homes in Greater Victoria offer an alternative path to homeownership, often at a lower price point than traditional detached houses. These homes continue to grow in popularity among first-time buyers, downsizers, and retirees looking for affordable and manageable living options. Understanding how manufactured housing works helps buyers decide whether this property type fits their financial and lifestyle goals. What Is a Manufactured Home? Manufactured homes are residential structures built in a factory and then transported to a home site for installation. Unlike traditional site-built homes, construction occurs in a controlled indoor environment. This process often improves efficiency and reduces construction delays caused by weather or labour shortages. Modern manufactured homes must meet national building standards and safety regulations. Newer designs frequently include open floor plans, updated finishes, and energy-efficient systems. Many buyers exploring manufactured homes in Greater Victoria find that today’s units offer far more comfort and functionality than older models built decades ago. Manufactured Homes vs Modular and Mobile Homes Buyers often confuse manufactured homes with modular or mobile homes. While they share similarities, important distinctions exist. Manufactured homes are factory-built and typically placed on leased land or within manufactured home parks. They remain transportable, although relocation can be costly and uncommon. Modular homes are also factory-built but assembled on permanent foundations and treated similarly to traditional detached homes in financing and resale. The term mobile home usually refers to units built before modern building code changes introduced in the 1970s. Many older parks still include these homes, but newer manufactured homes follow stricter construction standards. Land Ownership and Pad Rentals One of the most important considerations when purchasing a manufactured home involves land ownership. In many cases, buyers purchase the home but lease the land, often called a pad rental. Monthly pad fees may include services such as water, sewer, garbage collection, and common area maintenance. Some manufactured homes exist on privately owned land, which can increase long-term value stability and financing flexibility. Buyers should carefully review park rules, pad fee increases, and lease agreements before purchasing. Affordability and Financing Considerations Manufactured homes often provide one of the most affordable entry points into the housing market. Lower purchase prices can make homeownership accessible for buyers who might otherwise remain in rental housing. Financing options vary depending on whether the home sits on leased or owned land. Homes on owned land generally qualify for traditional mortgage financing. Homes located in parks sometimes require specialized lending programs with different down payment or amortization requirements. Community Lifestyle and Amenities Many manufactured home communities offer strong neighbourhood connections and shared amenities. Residents often enjoy quiet surroundings, recreational facilities, and organized social programming. These communities frequently appeal to retirees and downsizers seeking simplified living. Buyers should research park demographics, pet policies, age restrictions, and long-term management practices. Choosing the right community can significantly influence long-term satisfaction and resale potential. Maintenance and Depreciation Factors Manufactured homes can require different maintenance planning compared to traditional houses. Roofing, skirting, and foundation support systems may need periodic inspection and upgrades. Buyers should also consider the home’s age, renovation history, and energy efficiency features. Historically, manufactured homes on leased land have sometimes experienced slower appreciation compared to traditional detached homes. However, market conditions, location quality, and home upgrades can influence long-term value trends. Who Manufactured Homes Appeal To Manufactured homes often attract buyers seeking affordability, reduced maintenance responsibilities, or lifestyle flexibility. Retirees, first-time buyers, and individuals seeking smaller living spaces frequently consider this housing option. Buyers who prioritize location access, community atmosphere, and manageable housing costs often find manufactured homes a strong fit. Making an Informed Purchase Decision Purchasing manufactured homes in Greater Victoria requires careful review of financing, land tenure, park regulations, and long-term ownership costs. While past performance does not dictate future results, informed due diligence helps buyers avoid unexpected challenges and maximize lifestyle benefits. If you are considering manufactured home ownership or exploring affordable housing options in Greater Victoria, contact our team to discuss available communities and opportunities that match your goals.   Michael F., 5-Star Review, via Google “Cal and Scott exceeded our expectations in every way. They were always available to answer our questions and address any concerns immediately, providing exceptional support throughout the entire process. Their dedication and expertise made the selling and buying experience seamless and stress-free.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Investment properties in Sooke continue to attract buyers looking for rental income, lifestyle value, and long-term appreciation potential. As Sooke grows as an extension of the Westshore housing market, investors are taking notice of its comparatively attainable pricing and strong lifestyle appeal. While opportunities exist, understanding both rental potential and investment risks remains essential when evaluating this evolving coastal market. Why Sooke Is Gaining Attention from Investors Sooke has experienced steady growth over the past decade as buyers expand their search beyond Langford, Colwood, and View Royal. The community offers ocean views, outdoor recreation, and larger properties at price points that often remain more accessible than central Greater Victoria. Infrastructure improvements, expanded retail services, and increased school capacity continue to support population growth. As more full-time residents move into the area, demand for both ownership and rental housing has strengthened, helping support the appeal of investment properties in Sooke. Long-Term Rental Demand Continues to Grow Long-term rental demand in Sooke remains strong, particularly among families, remote workers, and trades professionals who prioritize space and affordability. Many renters choose Sooke for its larger homes, proximity to nature, and quieter lifestyle compared to urban Victoria. Detached homes with legal secondary suites are especially attractive for investors. These properties can provide stable rental income while allowing owners to maintain flexibility for future personal use. Townhomes and newer developments also appeal to tenants seeking modern features and lower maintenance living. Investors should carefully evaluate zoning, municipal regulations, and operating costs when planning long-term rental strategies. Market cycles and interest rate changes can influence carrying costs, which makes conservative financial planning important. Vacation Homes and Short-Term Rental Appeal Sooke’s tourism and recreation opportunities create demand for vacation properties. Waterfront homes, cottages, and properties near regional parks often attract visitors year-round. Activities such as fishing, hiking, whale watching, and storm viewing help maintain strong tourism interest. Some investors pursue vacation rentals to generate seasonal income while enjoying personal use of the property. However, buyers must review current short-term rental regulations and municipal requirements, which can affect income projections and property usage. Operating expenses, management costs, and seasonal vacancy rates should also be factored into investment planning. Market Stability Supports Long-Term Investment Strategies Investment properties in Sooke often appeal to buyers focused on long-term holding strategies rather than short-term speculation. Population growth and ongoing Westshore expansion continue to support housing demand. As services and infrastructure improve, Sooke may see further buyer interest and gradual property value growth. Although Sooke has demonstrated stable demand, real estate markets naturally shift over time. Investors should remain aware of interest rate trends, housing supply increases, and broader economic conditions when evaluating long-term performance. Risks Investors Should Consider While Sooke offers attractive opportunities, buyers should understand potential challenges. Commute times to central Victoria can impact tenant demand for some renters. Seasonal fluctuations may influence short-term rental occupancy. In addition, increased housing development in neighbouring Westshore communities can create temporary competition. Coastal property ownership can also involve higher maintenance and insurance costs. Investors who conduct detailed due diligence and maintain realistic financial expectations often position themselves more successfully. Balancing Opportunity and Long-Term Planning Investment properties in Sooke can provide strong lifestyle and income potential when approached strategically. Buyers who focus on quality construction, flexible rental options, and desirable locations often create more resilient investment portfolios. Sooke continues to develop as part of the broader Westshore housing landscape, making thoughtful property selection increasingly important. If you are considering investment or personal properties in Sooke, reach out to our team to discuss current opportunities and determine the best strategy for your real estate goals.   Michael F., 5-Star Review, via Google “Cal and Scott exceeded our expectations in every way. They were always available to answer our questions and address any concerns immediately, providing exceptional support throughout the entire process. Their dedication and expertise made the selling and buying experience seamless and stress-free.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Knowing how to evaluate a neighbourhood before buying matters just as much as assessing the home itself. Listings highlight features inside the property, but long-term satisfaction depends on what surrounds it. Visit at different times of day A quiet weekday showing does not always reflect daily reality. Visit the area during evenings, weekends, and peak traffic hours. Pay attention to street parking, noise levels, and foot traffic. These factors often shape day-to-day living more than layout or finishes. Observe how people use the area Neighbourhood activity reveals a lot. Look for people walking dogs, kids playing, or neighbours chatting outside. Active streets often signal a strong sense of community. Limited activity may suggest high rental turnover or commuter-heavy zones. Check walkability and daily convenience Test how easy it is to run errands without a car. Walk to grocery stores, coffee shops, parks, and transit stops. Even if you drive now, walkability supports resale value and lifestyle flexibility over time. Review schools, zoning, and future plans School catchments influence demand, even for buyers without children. Use official district tools to confirm boundaries. Zoning and development plans also matter. Nearby density changes, road projects, or commercial expansion can affect noise, traffic, and future value. Talk to locals when possible Short conversations provide insights listings cannot. Ask neighbours how the area has changed, how parking works, or what they enjoy most. These informal insights often highlight both strengths and deal breakers early in the process. Think long-term, not just right now Consider how the neighbourhood fits future needs. Commute patterns, aging in place, and access to services all matter. Homes sell faster when buyers can clearly see themselves living in the surrounding community, not just inside the walls. Understanding how to evaluate a neighbourhood before buying helps avoid regret and supports stronger resale outcomes. Looking beyond the listing creates confidence that lasts long after possession day.   Matt C., 5-Star Review, via Google “I would highly recommend not only the Faber group however specifically Scott. He treated us with the utmost respect and looked out for our best interests. Our selling and buying process were seemless with little stress due to Scott handling everything behind the scenes. Furthermore not only did Scott show us exactly what we were looking for he knew what location would best suit our lives.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Pets play a bigger role in homebuying than ever, especially in pet-friendly communities like Victoria, BC. In 2026, many buyers are no longer shopping just for themselves. They are also prioritizing the needs of their dogs, cats, and other companions when choosing where and what to buy. With pet ownership remaining high across Canada, homes that support a pet-friendly lifestyle continue to stand out in a balanced market. From neighbourhood selection to home features, pets are shaping buyer decisions in meaningful ways. Why Pets Matter More to Buyers Today For many households, pets are family. Buyers are increasingly willing to pass on otherwise ideal homes if they do not work for their animals. This shift has influenced everything from location choices to floor plans, particularly in Greater Victoria, where access to outdoor space is highly valued. In 2026, buyers are taking advantage of higher inventory levels in areas like the Westshore to be more selective. That often means holding out for homes that offer better layouts, outdoor access, or nearby trails that support an active lifestyle for both people and pets. Neighbourhood Choices Driven by Pet Needs Location is one of the biggest decision points for pet owners. Buyers often look for neighbourhoods with nearby walking trails, parks, and green space. In Victoria, access to areas like the Galloping Goose Trail, Beacon Hill Park, and local dog parks can heavily influence where buyers focus their search. Strata and HOA rules also play a major role. Restrictions on pet size, number, or breed can be deal-breakers, particularly for condo and townhome buyers. As a result, some pet owners gravitate toward freehold homes or newer developments with more flexible pet policies. Home Features Pet Owners Prioritize Pets often push buyers toward homes with more functional space. Common must-haves include fenced yards, easy outdoor access, and durable flooring that can handle wear and tear. Mudrooms, lower-level entries, and layouts that allow pets to move easily through the home are also appealing. In markets like Saanich, Langford, and Oak Bay, homes with usable yards or proximity to parks tend to attract strong interest from pet owners. Even smaller homes can appeal if the layout works well and outdoor amenities are close by. Budget and Long-Term Planning Pets also influence budgeting decisions. Buyers may factor in ongoing pet-related expenses when determining their comfort level with monthly payments. In a buyer-friendly 2026 market, this can work to their advantage, allowing more room to negotiate on homes that already meet their needs rather than budgeting for renovations later. That said, buyers still remain cautious. Signs of past pet damage can raise concerns, making inspections especially important for both pet owners and non-pet owners alike. Tips for Buying a Home With Pets in Mind If pets are part of your household, start by identifying your non-negotiables, whether that is yard space, trail access, or flexible pet rules. Work with a local agent who understands which neighbourhoods and property types tend to be more pet-friendly. Always review strata bylaws carefully and include inspections to check for potential issues. Pets are no longer an afterthought in the homebuying process. In Victoria’s 2026 market, aligning your home search with your pet’s needs can make a significant difference in long-term comfort and satisfaction. Ready to find a home that works for you and your pet? Contact us to discuss pet-friendly options and how to tailor your search across Greater Victoria.   Nicholas D., 5-Star Review, via Google “Scott is an awesome realtor and real estate advisor. He got me all the information I needed incredibly quick and helped me make an informed buying decision. Couldn’t have done it without him and 10/10 will be recommending him to my friends and family! There are thousands of realtors on the island, but Scott and his team are by far the best” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”    

Langford’s real estate market is gaining attention in 2026 as new developments driving Westshore appeal continue reshaping the community. A growing number of condo, townhome, and mixed use projects are improving livability, expanding amenities, and supporting long term property value. Buyers continue to choose the Westshore for its balance of attainable housing, modern design, and easy access to outdoor recreation. With higher inventory and stable pricing, many buyers are exploring new construction to secure energy efficient homes, contemporary layouts, and warranty backed peace of mind. Several projects stand out, including Pavilion One, which is helping redefine urban living in Langford. Pavilion One Leading Langford’s New Development Wave One of the most anticipated new developments driving Westshore appeal is Pavilion One, located in Langford’s rapidly growing South Centre neighbourhood. Positioned near Westshore Town Centre, Belmont Market, and major recreation facilities, Pavilion One offers a highly walkable lifestyle that continues attracting buyers to this area. Pavilion One is designed as the first phase of a multi building master planned community that blends residential living with retail and service amenities. The project features a collection of one, two, and three bedroom condo homes designed to maximize functionality and everyday comfort. Open concept floorplans, large windows for natural light, and private outdoor spaces create flexible living environments suited for first time buyers, downsizers, and investors. The development places strong emphasis on energy efficiency and modern building performance. Homes include heating and cooling through efficient heat pump systems, contemporary building envelope standards, and durable finish selections intended to reduce long term maintenance costs. Secure underground parking, bike storage, and EV charging capabilities reflect evolving buyer priorities and support sustainable transportation options. Community focused amenities are another key feature of Pavilion One. Planned shared spaces encourage social connection while supporting a convenient urban lifestyle. The location places residents within walking distance of shopping, dining, entertainment, parks, and major transit routes, reducing reliance on vehicles and increasing everyday convenience. Other Notable Langford Developments Adding Momentum Several additional projects are contributing to the strong momentum created by new developments driving Westshore appeal, offering diverse housing options across the market. The Ridge at Vista Point (Bear Mountain)This development offers elevated condo and townhome living with panoramic views, high end finishes, and direct access to golf and recreation amenities. It continues to attract lifestyle focused buyers and move up purchasers. Fairway GardensFairway Gardens offers contemporary townhome living with rooftop patios and open concept layouts. Its location near commuter routes and recreation facilities appeals to young families and professionals. Lakeside WestLocated near Langford Lake, Lakeside West features Scandinavian inspired condo homes emphasizing natural light, simplicity, and functional design. Close proximity to trails and water recreation remains a major draw for active buyers. The BoardwalkThe Boardwalk delivers modern condo living near Belmont Market and Westshore Town Centre. Residents benefit from walkable access to shopping, dining, and essential services. Westhills Master Planned CommunityWesthills remains one of Langford’s most established neighbourhoods. With schools, parks, lakes, and commercial amenities, it continues to support sustained residential growth and long term community planning. Green Design and Infrastructure Supporting Long Term Value Sustainability and infrastructure investment remain central factors behind new developments driving Westshore appeal. Many new projects incorporate energy efficient heating and cooling systems, enhanced insulation standards, and environmentally responsible building materials that align with modern buyer expectations. Langford also continues expanding transportation networks, pedestrian pathways, cycling routes, and community amenities. Improved connectivity to Greater Victoria employment centres, combined with expanding local services, is transforming the Westshore into a more self sufficient urban hub. What This Means for Buyers and Investors The continued growth of new construction is expanding housing choice while strengthening market stability. Buyers benefit from improved building standards, reduced operating costs, and modern design features. Investors remain attracted to the Westshore’s population growth, infrastructure investment, and strong rental demand. Projects like Pavilion One highlight how Langford continues evolving into a community that blends convenience, sustainability, and lifestyle driven planning. As these developments progress, they will continue shaping both the character and long term value of Westshore real estate. If you are considering Pavilion One or want to explore other Westshore developments, reach out to our team to discuss your options and home search goals. Shannon R., 5-Star Review, via Google It was a pleasure to work with Scott Faber and Faber Real Estate Group. When I started looking for my first home in August 2021, I had some pretty specific requirements. Scott is a really knowledgeable Agent who also took the time to understand what I was looking for. I never felt pressured into making a decision that wasn't my own, but always valued his honest opinion and guidance when needed. It took close to 9 months, but we found a great place that checked all the boxes, that I'm excited to call home.. I appreciate the whole team's effort, support and patience throughout this journey and as a first time home buyer I could not be happier with my experience with Faber Real Estate Group.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

As the weather cools and outdoor adventures take on a cozier feel, winter is an ideal time to explore Westshore winter staycations without the stress of long travel. Whether you’re in Langford, Colwood, or Metchosin, there are inviting resorts and vacation rentals to settle into for a short break that feels worlds away, yet still close to home. Resort Retreats for Comfort and Views Villa Eyrie Resort – A mountainside boutique resort with sweeping views over Saanich Inlet, exceptional dining and a spa experience that’s ideal for a romantic winter break or self-care weekend. Perched high above the Malahat, this is perfect for couples and anyone wanting a serene escape close to nature. The Westin Bear Mountain Golf Resort & Spa, Victoria – A full-service resort in Langford with spa facilities, golf views and comfortable rooms for your winter staycation. Easy access to local trails and dining makes it a versatile pick whether you’re relaxing or exploring. Sooke Harbour Resort & Marina – Just a short drive west, this oceanfront resort offers warm, fully equipped vacation rentals right on the water. After a day of storm watching or coastal hikes, unwind in outdoor hot tubs and enjoy harbour views directly from your suite. Unique and Rustic Winter Hideaways East Sooke Treehouse – For a memorable and unusual winter getaway, this elevated treehouse rental near East Sooke Park immerses you in nature with quiet forest surroundings and close access to dramatic West Coast trails. Wild Renfrew Seaside Cottages – Located near Port Renfrew, these seaside cottages provide a rustic yet cosy stay with private outdoor spaces — a great choice for storm watching, forest walks, and coastal sunsets. Winter Staycation Activities Nearby Whether your winter escape is a spa day, a seaside storm watch or a quiet forest retreat, the Westshore and surrounding areas offer year-round experiences:• Coastal walks along local beaches and East Sooke Park.• Scenic hiking trails like the Galloping Goose and regional parks.• Local craft breweries, coffee shops and comfort dining to warm up after outdoor adventures. Winter often brings out dramatic coastal scenery and calmer trails, making this season ideal for a local staycation that feels like a true getaway. Why Westshore Winter Staycations Work A winter staycation here offers the perfect combination of nature, comfort and convenience. Vacation rentals and local resorts keep you close to home while still offering a reset from daily routines. These experiences also highlight why many people choose Westshore living: easy access to nature, community amenities, and a variety of seasonal experiences right at your doorstep. Matt, 5-Star Review, via Google Professional, knowledgeable and just stand up guys. Would recommend for all your real estate needs! Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

The Westshore housing demand has grown significantly as hybrid and flexible work models reshape how buyers choose where to live. Over the past several years, many buyers have shifted priorities toward larger homes, dedicated office space, and lifestyle-driven neighbourhoods. Langford and surrounding Westshore communities have benefited from this change, attracting buyers who no longer need to commute daily into downtown Victoria. How Hybrid Work Is Changing Buyer Priorities Hybrid work allows many professionals to commute only a few days per week or work fully from home. As a result, buyers are placing greater importance on interior space, flexible floor plans, and outdoor living areas. Previously, proximity to downtown offices often drove housing decisions. Now, many buyers are willing to trade shorter commutes for improved home functionality and lifestyle. This shift has directly supported Westshore housing demand. Buyers frequently search for properties that can comfortably accommodate workstations, meeting space, and separation between work and home life. Langford’s Appeal for Space and Affordability Langford continues to attract buyers who want more square footage and newer construction compared to many central Victoria neighbourhoods. Detached homes, townhomes, and newer subdivisions often provide additional bedrooms and flexible layouts that support home office needs. In many cases, buyers relocating from Victoria’s core can obtain larger homes at more attainable price points. This value proposition has helped drive consistent demand for family homes and newer developments throughout the Westshore region. Reduced Commute Pressure Supports Westshore Growth Remote and hybrid work models have reduced daily commute requirements for many buyers. Even employees who still travel into Victoria’s core often commute fewer days each week. This reduced travel frequency has made living farther from downtown more practical and appealing. Improved transportation routes and expanded highway infrastructure have also supported buyer confidence in Westshore living. While traffic remains a consideration, fewer required commute days have helped strengthen remote work Westshore housing demand across Langford and neighbouring communities. Rising Demand for Home Office Features Buyers increasingly prioritize homes with dedicated office space. Popular features now include: Separate office rooms or flex spaces • Finished basements suitable for work areas • Sound insulation and natural lighting • Reliable high-speed internet infrastructure • Outdoor spaces that support work-life balance Builders and developers have responded by designing homes with adaptable layouts that accommodate modern work needs. These design changes continue to influence resale value and buyer interest. Lifestyle Benefits Driving Long-Term Demand Beyond workspace needs, many buyers are drawn to the Westshore for lifestyle reasons. Access to trails, lakes, recreation facilities, and newer schools appeals to families and professionals seeking balance between work and personal life. Communities such as Langford, Colwood, and View Royal offer growing retail centres, restaurants, and entertainment options. These amenities help support long-term neighbourhood growth and reinforce buyer confidence in the region. Market Outlook as Work Trends Continue to Evolve The westshore housing demand remains closely tied to broader employment trends. While some companies have encouraged partial office returns, hybrid work continues to remain common across many industries. This ongoing flexibility continues to support demand for spacious suburban housing. However, housing markets remain cyclical. Interest rates, housing supply, and economic conditions will continue to influence pricing and buyer activity. Buyers should focus on long-term suitability rather than short-term market timing. What Buyers and Sellers Should Consider Buyers searching in the Westshore should evaluate floor plans, internet infrastructure, and resale flexibility when purchasing homes designed for remote work. Sellers can benefit from highlighting office spaces, flexible rooms, and lifestyle features when marketing properties. If you are considering buying or selling in Langford or the Westshore, contact our team to discuss how evolving work trends may influence your housing options and long-term real estate goals.   Ola A., 5-Star Review, via Google “We had a great experience working with Scott from Faber real estate group to purchase our new home. Scott was professional, knowledgeable, and responsive. He had an impressive expertise in the local market and always made us feel like a top priority. His negotiation skills were outstanding, and he took care of every detail, from arranging inspections to researching potential issues with the property. Throughout the process, Scott was patient, understanding, and went above and beyond to provide us with extra resources and options.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

The Short-Term Rental Accommodations Act Victoria BC introduced major regulatory changes on May 1, 2024, with the goal of increasing long term housing supply. Since implementation, the legislation has influenced investment strategies, rental inventory, and buyer behaviour across Greater Victoria. From a local real estate perspective, the effects are measurable, but they are also part of a broader housing market shift rather than a single defining factor. What the Legislation Changed for Victoria Homeowners and Investors The Short-Term Rental Accommodations Act Victoria BC limits most short-term rentals to a property owner’s principal residence. In many cases, owners can only operate short-term rentals within their main home or a secondary suite or accessory dwelling on the same property. For investors who previously relied on non-owner-occupied vacation rentals, this created a significant shift. Some owners transitioned their properties into long-term rentals, while others chose to sell investment units that no longer aligned with their income goals. Increase in Long-Term Rental Supply Since the Act’s introduction, Victoria has seen signs of increased long-term rental availability. Some previously short-term rental properties have returned to the traditional rental pool. This change has contributed to slightly higher vacancy rates compared to the extremely tight rental conditions seen prior to 2024. From a realtor’s perspective, this shift has created new opportunities for tenants searching for stable housing. Buyers who plan to hold properties as long-term rentals are also seeing more available inventory in certain condominium segments. Changing Investment Buyer Behaviour The Short-Term Rental Accommodations Act Victoria BC has reshaped investor demand. Before 2024, many buyers targeted properties that allowed flexible short-term rental use. Since the regulation took effect, investors are focusing more on: Properties with legal secondary suites • Principal residence plus rental configurations • Long-term rental income stability • Properties located in municipalities or strata buildings that still permit short-term rentals This shift has created a more cautious investment environment. Buyers are spending more time reviewing zoning, strata bylaws, and municipal regulations before making purchase decisions. Impact on Condominium and Downtown Markets In Victoria’s downtown core, where short-term rental activity was historically concentrated, the Act contributed to a modest increase in resale listings during parts of 2024 and early 2025. Some investor-owned units entered the resale market after short-term rental restrictions reduced projected revenue. While this added inventory temporarily increased buyer choice, pricing impacts have varied depending on building type, location, and rental flexibility. Well-managed buildings with strong long-term rental demand continue to perform steadily. Limited Impact on Detached Housing Demand Detached homes in Victoria have generally experienced less direct impact from the Short-Term Rental Accommodations Act Victoria BC. Many single family homes were already owner-occupied or operated with legal suites that remain compliant under current rules. Demand for detached homes remains driven by lifestyle, school catchments, and neighbourhood appeal rather than short-term rental income potential. Market Stability and Long-Term Outlook Early patterns suggest the legislation has helped shift some housing units back toward long-term residential use. However, housing supply, interest rates, population growth, and construction levels continue to play major roles in overall market conditions. From a local real estate perspective, Victoria remains a supply-constrained market. While the Act has influenced investor activity, it represents one component of a complex housing system rather than a single solution to affordability challenges. What Buyers and Sellers Should Consider Moving Forward Buyers considering rental or investment properties should carefully review municipal regulations, provincial registration requirements, and strata bylaws. Sellers who previously marketed properties based on short-term rental income may need to adjust pricing and marketing strategies to reflect current regulations. The Short-Term Rental Accommodations Act Victoria BC continues to shape investment planning and housing availability. As enforcement and registration requirements evolve, market patterns may continue to adjust. If you are considering buying, selling, or investing in Victoria real estate, contact our team to discuss how current regulations may influence your options and long-term strategy.   Brett H., 5-Star Review, via Google “I can’t suggest how to make Fabers better at being good realtors. They’re already congenial, trustworthy, informed, experienced, and thorough. Cal listened and advised, and somewhere in the middle he said what the condo would sell for and he was right on. Thanks!” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”