Market Trends and Insights

Across Canada multi‑generational living is becoming more than just a trend. Families are increasingly choosing homes that can accommodate multiple generations under one roof or on one property. This shift reflects both economic realities and evolving lifestyle preferences. What Is a Multi‑Generational Home? A multi‑generational home is a residence where two or more adult generations, such as grandparents, parents, and children  live together. This arrangement can take the form of a single large dwelling, a main house with a secondary suite, or adjacent units like a laneway home or coach house, offering both shared and private spaces. Growing Numbers Across Canada Multigenerational households are among the fastest‑growing household types in Canada. According to census data, the number of multi‑generational households has risen significantly over recent decades, growing faster than other household types and reflecting an increase in families choosing to share living space.  Why the Trend Is Taking Hold Several key factors are driving the rise of multi‑generational homes in Greater Victoria and beyond: Affordability and Shared Costs High home prices and rising costs in Greater Victoria make homeownership a challenge for many families, particularly younger buyers. Multi‑generational living allows families to pool financial resources, share mortgage costs, and spread living expenses across more adults. This shared approach can make it easier to own a quality home in the region. Supportive Family Networks Living together can strengthen family support systems. Grandparents can help with childcare, while adult children can assist aging parents. This arrangement can reduce the cost of external services like daycare or long‑term care and foster deeper family connections. Flexible Home Design and Zoning Changes British Columbia has introduced legislative changes that make it easier for municipalities to allow secondary suites, laneway homes, and other small‑scale multi‑unit housing on single‑family lots, supporting families seeking flexible living spaces. Cultural and Lifestyle Preferences Multi‑generational living is common in many cultures and offers social and emotional benefits. Families value the opportunity to maintain close bonds while having private areas within the home, a balance between independence and togetherness. What This Means for Greater Victoria’s Real Estate The demand for multi‑generational homes is influencing both renovations and new construction in the region: Renovations and Secondary Suites: Homeowners are increasingly renovating to add in‑law suites, separate entrances, and flexible living spaces that accommodate extended family members.  Laneway and Backyard Homes: Property owners are exploring laneway or coach homes on their lots, creating nearby living space for adult children or older parents while maintaining a degree of independence.  Larger Family Homes: Properties with additional bedrooms, separate living areas, or adaptable floor plans often attract multi‑generational buyers, which can influence pricing and demand in certain segments of the market.  Looking Ahead As housing costs and family dynamics continue to shape how people live, multi‑generational homes are likely to remain a meaningful part of the Greater Victoria real estate landscape. Whether driven by financial strategy, caregiving needs, or a desire for close family connections, this trend supports diverse housing needs and reflects how families are adapting to today’s market conditions. If you are considering purchasing, renovating, or designing a home for multi‑generational living, consulting with a local real estate professional can help you understand options that meet your family’s needs and maximize long‑term comfort and investment value.   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.”

As we move into 2026, Greater Victoria’s real estate market is expected to shift into a more balanced and predictable phase. After several years of rapid change driven by interest rates, inventory constraints, and economic uncertainty, the coming year is shaping up to favour informed buyers and well-prepared sellers. Here is what homeowners and buyers should know heading into 2026. Market Conditions Are Expected to Stabilize   Greater Victoria is anticipated to see a steadier market in 2026, with moderate price movement rather than sharp increases or declines. Buyer confidence is expected to improve as interest rates stabilize, encouraging more activity without the urgency seen in past boom cycles. This shift supports healthier negotiations and more balanced conditions across most property types. Price Growth Likely to Be Modest and Localized   Overall price growth in 2026 is expected to remain modest, with performance varying by neighbourhood and housing type. Well-located single-family homes and townhomes with functional layouts are likely to remain in strong demand, while condominiums may experience more price sensitivity depending on strata fees, building age, and amenities. Inventory Levels Should Gradually Improve   One of the biggest constraints in recent years has been limited housing supply. In 2026, inventory is expected to increase gradually as more homeowners feel comfortable listing. This will provide buyers with more choice while reducing extreme competition. However, desirable properties that are priced correctly are still expected to sell efficiently. Buyer Demand Will Continue to Be Driven by Lifestyle   Greater Victoria’s lifestyle appeal continues to attract buyers from across British Columbia and other parts of Canada. Proximity to nature, walkable communities, and access to amenities remain top priorities. Homes that offer energy efficiency, flexible living spaces, and outdoor areas are expected to perform well in 2026. Sellers Will Need a Strategic Approach   Unlike past years where nearly any listing attracted attention, 2026 will reward sellers who price realistically and invest in presentation. Staging, professional photography, and clear disclosure will matter more as buyers become selective. Overpricing may lead to longer days on market and price adjustments. What This Means for Buyers and Sellers   For buyers, 2026 may present better opportunities to negotiate, particularly in segments with increased inventory. For sellers, understanding micro-market trends by neighbourhood and property type will be essential to achieving top value. Working with a local expert who understands these nuances will be more important than ever. Looking Ahead   Greater Victoria’s real estate market remains fundamentally strong, supported by limited land supply, consistent demand, and long-term population growth. While the pace may slow compared to peak years, 2026 is shaping up to be a year of opportunity for those who plan ahead and stay informed. If you are considering buying or selling in 2026, understanding how these trends apply to your specific situation can make a significant difference. James C., 5-Star Review, via Google “Scott made the process of finding a good condo in Victoria as simple and straightforward as it can be. He was always very helpful, and quick to respond throughout the process from start to finish. Being new to BC I think the ordeal would have been pretty overwhelming otherwise. I'd definitely recommend Scott and his team to others in the future.” 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 “Building Lasting Relationships, One Home at a Time.”

Days on Market, often referred to as DOM, measures how many days a property is listed for sale before it sells. The count typically starts on the day the listing becomes active and ends when an accepted offer is in place. For sellers, Days on Market is more than just a number. It is one of the most closely watched indicators of market performance and buyer demand in Greater Victoria. Why Days on Market Matters to Sellers Days on Market directly affects how buyers perceive your home. Properties that sell quickly are often seen as well-priced and desirable. Listings that remain on the market longer can raise questions, even if the home itself is well-maintained. Buyers may assume: The price is too high The home has issues The seller may be more flexible This perception can influence both the number of showings and the strength of offers received. How Days on Market Impacts Pricing Strategy Pricing and Days on Market are closely connected. Homes priced correctly for current market conditions tend to attract interest early, often within the first few weeks. When a listing stays on the market longer than average, sellers may face: Fewer showings Lower offers Pressure to reduce the price In contrast, a well-priced home that generates early activity can create urgency and stronger negotiating positions. Average Days on Market in Greater Victoria Days on Market can vary widely depending on location, property type, and market conditions. Single-family homes, condos, and townhomes often perform differently, and some neighbourhoods move faster than others. For example: Entry-level homes often sell more quickly Well-priced homes in high-demand areas attract faster offers Unique or higher-priced properties may take longer Understanding local averages is essential when setting expectations and strategy. What Longer Days on Market Can Signal A higher Days on Market number does not always mean a home will not sell. However, it can indicate a mismatch between price, condition, or buyer expectations. Common reasons a listing lingers include: Pricing above market value Limited exposure or poor presentation Market shifts during the listing period Addressing these factors early can help reset buyer interest. How Sellers Can Reduce Days on Market Sellers have more control over Days on Market than they may realize. Preparation and strategy play a key role. Steps that often help reduce Days on Market include: Pricing based on current comparable sales Professional photography and marketing Proper staging and presentation Flexible showing availability Working with an agent who understands neighbourhood-level data can make a meaningful difference. Final Thoughts Understanding Days on Market and why it matters allows sellers to make informed decisions and set realistic expectations. In Greater Victoria’s evolving real estate market, success is not just about selling, but about selling efficiently and at the right price. A thoughtful pricing and marketing strategy, paired with local market insight, can help minimize Days on Market and maximize results. Brandon Sharratt, 5-Star Review, via Google “My wife and I sold our condo in View Royal and bought a place in Esquimalt with the help of The Faber Group. Scott helped us to find and buy the perfect home for our growing family in a very competitive market. He got to know our wants and needs and worked within our schedule with a small baby. Once we found the perfect place Scott helped us to get it for under the asking price and sold our condo in one day on the market with multiple offers over asking! We are so grateful that Scott helped us through this process, answering our many questions and alleviating our concerns. Thank you for helping us sell our first home and buy a beautiful house for our family.” 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 “Building Lasting Relationships, One Home at a Time.”

Monthly real estate headlines often focus on average prices or sales counts, but those numbers rarely tell the full story. When we look more closely at the Victoria Core vs Westshore real estate market, clear differences emerge in pricing, buyer behaviour, and overall momentum. November’s single-family home statistics highlight why understanding sub-markets matters more than ever for both buyers and sellers. Sales Activity: Two Markets Moving at Different Speeds In November, the Victoria Core continued to show steady but cautious activity. Single-family home sales remained consistent, supported by limited inventory and ongoing demand for established neighbourhoods close to downtown, schools, and employment centers. Buyers in this area tend to be move-up purchasers and long-term homeowners who are less sensitive to short-term rate fluctuations. The Westshore, by contrast, saw stronger sales momentum. Communities such as Langford, Colwood, and Sooke benefited from relative affordability and a growing supply of newer homes. First-time buyers and young families were more active here, particularly in neighbourhoods offering newer construction and flexible floor plans. Pricing Trends: Stability vs Opportunity Single-family home prices in the Victoria Core remained relatively stable through November. Limited supply continues to support values, even as buyers take more time to make decisions. Well located homes that are priced appropriately and presented well are still selling, but unrealistic pricing is being met with resistance. The Westshore continues to offer more pricing flexibility. While prices have increased over the long term, November data shows that buyers still have opportunities, particularly in areas with higher inventory levels. Sellers who understand current market conditions and price strategically are seeing solid results, while overpriced listings are taking longer to sell. Days on Market and Buyer Behaviour Days on market remain shorter in the Victoria Core compared to the Westshore, reflecting the ongoing demand for central locations. Buyers here are selective, often focusing on homes that require minimal work or offer unique lot value. In the Westshore, average days on market are slightly longer, giving buyers more negotiating power. Conditions, financing terms, and inspection clauses are more common, which is a notable shift from the peak market years. This environment rewards well-prepared sellers who address deferred maintenance and present homes clearly. Inventory Levels and What They Signal Inventory in the Victoria Core remains constrained, particularly for detached homes under common price thresholds. This continues to limit choice for buyers but supports price stability for sellers. The Westshore has seen a healthier level of new listings, especially in newer subdivisions. This added selection is helping balance the market and reduce pressure on buyers, while still maintaining steady overall activity. What This Means for Buyers and Sellers For buyers, November’s data reinforces the importance of location specific strategy. The Victoria Core requires decisiveness and preparation, while the Westshore allows for more comparison shopping and negotiation. For sellers, understanding your micro market is critical. A pricing strategy that works in Fairfield or Oak Bay may not translate directly to Langford or Colwood. Tailoring your approach to local conditions is key to achieving strong results.

Recent sales provide valuable insight into what buyers are actually willing to pay in your neighbourhood. While active listings show asking prices, sold properties reflect real market behaviour. Understanding this difference is key to making informed decisions as either a buyer or a seller. Looking at recent sales helps establish realistic expectations and provides context around current market conditions. Focus on Comparable Properties Not all sales are equal. The most useful comparisons are homes that are similar in size, style, age, and location. A detached home on a quiet street will not offer meaningful insight into the value of a townhome on a busy road. When reviewing recent sales, pay close attention to features such as lot size, number of bedrooms and bathrooms, parking, and overall condition. The closer the match, the more reliable the comparison. Consider Timing and Market Conditions The timing of a sale matters. A home that sold several months ago may not reflect current market conditions if inventory levels or buyer demand have changed. In a shifting market, even small time differences can impact price and negotiating power. Understanding whether the market was trending upward, stable, or softening at the time of sale adds important context. Look Beyond the Sale Price The final sale price tells only part of the story. Conditions, days on market, multiple offers, and seller concessions can all influence the outcome. A home that sold quickly with few conditions likely indicates strong demand, while a longer sale period may suggest pricing or presentation challenges. These details help explain why similar homes can sell for different amounts. Neighbourhood Specific Factors Micro location plays a significant role in property value. Proximity to schools, parks, transit, or commercial areas can increase demand, while busy roads or nearby development may affect buyer interest. Even within the same neighbourhood, values can vary from street to street. Understanding these nuances helps avoid misleading conclusions. Turning Data Into Better Decisions Interpreting recent sales is about more than numbers. It requires context, local knowledge, and an understanding of buyer behaviour. When reviewed carefully, recent sales can guide smarter pricing strategies, stronger offers, and more confident decisions in today’s real estate market.   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 “Building Lasting Relationships, One Home at a Time.”

Knowing when to list your home can make a meaningful difference in buyer interest, days on market, and final sale price. While you cannot control the broader economy, understanding local trends helps you position your home at the right moment. Watch the Key Market Indicators Several indicators can help you decide whether the market is leaning toward sellers, buyers, or a more balanced pace. Inventory levels. Low inventory usually leads to stronger demand and quicker sales. Rising inventory can signal more competition.Days on market. If homes in your neighbourhood are selling quickly, buyers are active and motivated.Sale to list ratio. Homes selling close to or above asking price reflect strong buyer confidence.Seasonal patterns. Spring and early fall often attract the highest number of buyers, but motivated buyers stay active year round. Understand Buyer Behaviour Buyer activity shifts throughout the year based on affordability, interest rates, and life changes. When buyers have more confidence, open houses are busier, showing activity increases, and well prepared homes receive stronger offers. When confidence shifts, buyers become more selective and negotiations take longer. Assess Your Personal Readiness The right time to list is not only about the market. It is also about your own timing. Consider your next move, your financing, and any preparations needed to present your home well. A polished, move in ready home performs better in every market. Work With Real Time Data The most accurate picture comes from month to month data in your specific neighbourhood. A detailed comparative market analysis can show how your property fits within recent sales, current competition, and pricing patterns. Positioning Your Home for the Perfect Launch Once the timing is right, preparation is essential. Thoughtful staging, professional marketing, and strategic pricing help your listing stand out. Even in slower markets, well presented homes attract the strongest offers. Don Wong. 5-Star Review, via Google “I would recommend them to anyone buying real estate on the Vancouver Island. The team is very knowledgeable, courteous and professional, adding a personal touch to building a strong relationship. ” 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 “Building Lasting Relationships, One Home at a Time.”

Steady Population Growth Driving Demand The Westshore continues to benefit from steady population growth, which is supporting long-term demand for housing. Communities such as Langford, Colwood, and View Royal are attracting residents from across Greater Victoria as well as buyers relocating from other parts of the province. This consistent growth has helped create a stable foundation for real estate investment. Investors are increasingly focused on areas where employment, schools, and amenities are expanding together. The Westshore checks many of these boxes, making it an appealing choice for those looking to invest with a long term outlook. Strong Demand for Rental Properties Rental demand in the Westshore remains strong, particularly for condos, townhomes, and secondary suites. Many tenants are drawn to newer housing options, reasonable rents compared to central Victoria, and access to transit and major employment routes. Investors are paying close attention to layouts that appeal to renters, such as two-bedroom units, functional floor plans, and properties with parking. Homes that are move in ready and well located continue to perform best in the rental market. New Development and Infrastructure Investment Ongoing development plays a key role in shaping investment trends. Continued investment in transportation improvements, commercial centers, and recreational amenities has increased the overall desirability of the Westshore. As these projects are completed, surrounding neighbourhoods often see increased interest and stronger resale potential. Investors who focus on areas near growing amenities tend to benefit from both rental stability and appreciation over time. Condos and Townhomes Leading the Market Condos and townhomes remain popular investment choices in the Westshore due to lower entry prices and broad tenant appeal. These property types often offer more predictable maintenance and easier management compared to detached homes. Newer buildings with strong strata management are attracting investors who value long-term reliability and clear operating costs. A Long-Term Investment Perspective The most successful Westshore investors tend to take a long term approach. Rather than aiming for short term gains, they focus on consistent rental income, gradual appreciation, and growing demand driven by population and infrastructure growth. With its combination of value, growth, and livability, the Westshore continues to stand out as a compelling area for real estate investment within Greater Victoria. Annie Rodgers, 5-Star Review, via Google “Vanessa Wood is the best realtor I've ever worked with. We had an excellent accepted offer within 11 days of listing! Vanessa is a great communicator and salesperson, organized and very hard working. She's also warm and was incredibly helpful as I was selling the house in Victoria while living on the Sunshine Coast. She and the Faber Group team went the extra mile on more than one occasion! I highly recommend Vanessa and her team.” 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 “Building Lasting Relationships, One Home at a Time.”

A Practical Option in a Competitive Market Condos are becoming a popular choice across Greater Victoria, especially for first-time buyers, downsizers, and investors. With limited land and rising home prices, many buyers are turning to condos as a practical and more affordable way to enter the market. Modern Living and Desirable Locations Newer condo buildings are seeing the strongest demand. Buyers are drawn to modern layouts, energy-efficient features, and convenient amenities. Neighbourhoods such as Downtown Victoria, Vic West, Langford, and Sidney continue to stand out for their walkability and easy access to shops, restaurants, and transit. Understanding Strata Fees Strata fees are an important factor when buying a condo, but buyers are becoming more informed and confident when reviewing them. Many now take time to understand what the fees include, how the building is managed, and whether there is a healthy contingency fund. Well-managed strata buildings continue to attract attention and hold their value over time. A Smart Step Into Homeownership Condos are also appealing to buyers who want to enter the market sooner rather than waiting for a detached home. For some, a condo is a first step into homeownership. For others, it offers a simpler lifestyle with less maintenance. In both cases, condos are proving to be a flexible and smart choice in today’s Greater Victoria real estate market. Gagandeep S., 5-Star Review, via Google “Scott and his team is a highly professional group . Scott is a very friendly person who cares for needs and requirements of his client . He makes sure that the property you are buying is your dream place and where you would like to see yourself staying forever . I'm glad that we found such a great realtor.” 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 “Building Lasting Relationships, One Home at a Time.”

After a period of uncertainty, improved interest rate stability is bringing renewed confidence to the Greater Victoria real estate market. Many buyers who had paused their plans are now re-entering the market, particularly in the entry-level and mid-range price points. This renewed activity is helping create a healthier balance between buyers and sellers after a quieter stretch. With rates holding steadier, buyers are better able to plan their finances and understand what they can comfortably afford. More predictable borrowing costs allow purchasers to focus on long-term goals rather than short-term fluctuations. We are seeing increased activity in areas such as the Westshore, Saanich West, and Esquimalt, where value, lifestyle, and commuting options continue to align well for a wide range of buyers. Although current interest rates remain higher than the historic lows of recent years, buyer expectations have begun to adjust. Many are recognizing that waiting for the perfect market conditions may mean missing out on the right home. Instead, buyers are prioritizing finding a property that fits their needs today, with the understanding that refinancing options may become available in the future. This shift in mindset has resulted in more thoughtful and strategic offers that balance price, conditions, and flexibility. We are also seeing buyers approach the process with greater preparation. Preapprovals, realistic budgeting, and clear must-have lists are helping them move confidently when the right opportunity arises. This has led to stronger competition for well priced and well-presented homes, even as overall inventory improves. For sellers, increasing buyer confidence means that homes priced appropriately for current market conditions are seeing solid interest. Properties that are well prepared, professionally marketed, and aligned with buyer expectations continue to perform best. Presentation, pricing, and timing remain critical, and sellers who focus on these fundamentals are well-positioned for a successful sale in today’s Greater Victoria market. Shannon Rehsler, 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.” 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 “Building Lasting Relationships, One Home at a Time.”

As realtors who have worked through hot cycles, slowdowns, and everything in between, we can confidently say that Greater Victoria is currently a balanced market. Not the runaway bidding wars of 2021-2022, and not the ultra-cautious environment immediately after the interest rate hikes. Instead, we’re in a middle ground where good properties sell, and buyers have room to think. Inventory and Sales Pressure The clearest indicator of balance is inventory relative to demand. At the end of October 2025, the Victoria Real Estate Board recorded 3,423 active listings across Greater Victoria. That’s well above the extremely low inventory levels of the pandemic boom, but it isn’t oversupply. It allows buyers to compare options without forcing sellers to slash prices. The sales-to-active-listings ratio sits around 18-20 percent. Industry standards consider roughly 12-16 percent a buyer’s market and 20-28 percent a seller’s market. The mid-to-high teens is the territory we call balanced. In practice, this means neither side has full leverage: buyers can negotiate, and sellers can still get fair results when priced correctly. What Prices Are Doing Prices in 2025 are steady overall, though the behavior varies by product type. The benchmark price for a single-family home in the Victoria core is approximately $1,276,500. That is down about 1.8 percent from 2024. The drop is far from a crash; it’s more of a normalization after years of outsized growth. Condominiums are holding firm. The benchmark condo price in the core is just over $551,000, up roughly 0.6 percent year-over-year. This segment benefits from affordability pressures and downsizers returning to the city. Townhomes sit in between. Average sales this year hover around $815,000, with a median around $794,500. They offer more space than a condo without the single-family price tag, and they remain attractive to young families. Across all property types, homes are selling close to listing price. Most transactions land in the 97-98 percent of asking range, which is another sign of equilibrium. When a market favors sellers, you see multiple offers and over-asking. In a soft market, homes sell well below list. Right now, neither extreme is dominant. How This Feels on the Ground If you’re a buyer, you can breathe. You’re no longer racing through 15-minute showings only to hear the home sold before you’ve reached your car. You can walk through several properties, compare finishes and layouts, and analyze monthly costs. You still need pre-approval and a strategic approach, but you have the luxury of choice. If you’re a seller, strategy matters more than ever. A well-priced home in a core neighbourhood like Fairfield, Oak Bay, or East Saanich still attracts strong attention. Listings that land above the comparable range or need too much work for today’s buyers will sit. Presentation, staging, and timing have become essential strategies again rather than optional add-ons. Why Balanced Markets Are Often the Best Balanced markets tend to be healthier and more sustainable. In an overheated market, buyers stretch beyond comfort, waive due diligence, and often regret the decisions that follow. In a weak market, sellers feel trapped or discouraged. Balance creates clarity. It allows everyone involved to act rationally, negotiate fairly, and make informed decisions. The Greater Victoria market is dynamic by nature. It reacts to interest rates, lifestyle migration, limited land supply, and the value people place on this region. But right now, the numbers and the day-to-day experience line up: this is not a market tilted heavily toward either party. It is one in which preparation and proper advice matter more than brute force. Justine Dancey, 5-Star Review, via Google “Cal and Scott treated us like family. We had only 5 days to find a home and Cal cleared his schedule to make himself available to us. Cal guided us in the purchase of our home, as if we were a member of his family asking for advice. I knew we could trust Cal. His service to us did not stop with the purchase of our home…he helped us find trades people and provided information about rental incomes in the area. We were new to the Island and I honestly felt that Cal adopted us and has made sure we had everything we needed. We did not just gain a realtor, but a friend. If you are looking for a realtor you can TRUST, and will look out for YOUR interests— then Cal and Scott are IT!!!” 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 “Building Lasting Relationships, One Home at a Time.”