Canadian Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange. March 18, 2013

Canadian Bank Prime Rate is currently 3.00%.

CanEquity Mortgage is offering 2.89% APR on a 5 year fixed closed mortgage.

The Toronto Stock Exchange (TSX) was down 48.27 points closing at 12,781.76.

Canadian/US Dollar Exchange Rate dropped 29 points to close at 0.9782 USD.

1 Canadian Dollar = 0.9782 US Dollars.

Canadian Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange. Dec. 24, 2012

Canadian Bank Prime Rate is currently 3.00%.

CanEquity Mortgage is offering 2.99% APR on a 5 year fixed closed mortgage.

The Toronto Stock Exchange (TSX) was down 14.90 points closing at 12,370.80.

Canadian/US Dollar Exchange Rate rose 22 points to close at 1.0088 USD.

1 Canadian Dollar = 1.0088 US Dollars.

#401 - 1536 Hillside Ave. Victoria, BC Canada

Sunny top floor corner 2 Bedroom, 2 Bath SW facing condo. Nice and airy with large windows on two sides plus skylight. Updated kitchen is open to Dining and Living. 2nd Bedroom has French doors opening into Living Room. Gleaming laminate floors and fresh paint throughout as well as updated Bathrooms. Large wrap around balcony. Plenty of storage in unit as well as across the hall. Has games & meeting rooms and is within a block of the Hillside Shopping Centre. Walk to bus, shopping, restaurants, medical centre and Camosun College. Fully remediated building. Nothing to do but move in. This address has a Walkscore of 72!

City of Victoria 2008 - 2012 Historical Real Estate Market Trends.

Peter and Linda Pfann, are Realtors assisting Greater Victoria bound clients from down the block or from across the globe with buying, selling, investing and retiring in and around Greater Victoria, BC Canada since 1986.

We are pleased to provide you with the Historical City of Victoria Market Trend Statistics for 2 specific property types.

• City Of Victoria Single Family Homes
• City of Victoria Condominiums (suites), Town-Homes and 1/2 Duplexes

The Neighbourhoods and Areas forming the City of Victoria included in this report are:

James Bay, Fairfield, Rockland, Downtown, Central Park, Fernwood, Jubilee, Oaklands, Hillside, Rock Bay, Mayfair, Burnside and Vic West.

The data below is very area specific information, however we would not suggest to use this information to establish the value of any one property, as there just too many details that can and often will affect the value of a property.

For many the use of Historical Market Trends offers the proper perspective to analyze long term trends in any market place and determine how secure and safe guarded a long term real estate investment  will be in any location.

The City of Victoria Historical Real Estate Market Trend Graphs below indicate the following:

• City of Victoria Single Family Home Average Prices (Values) have nudged just over the $ 600,000 by 2010 and have since remained mostly unchanged.
• The Number of City of Victoria Single Family Homes Sold, saw a significant drop during 2010, and has a continued softening during 2011, while prices remained more or less unchanged.
• City of Victoria Condominiums (suites),  Town-Homes and 1/2 Duplexes Prices (values) Spiked in 2010 and since have seen about ab 8% decline in prices, and it would apear that this decline in prices will continue for as long as the supply far exceeds the demand.
• The Number of City of Victoria Condominiums (suites),  Town-Homes and 1/2 Duplexes Sold is still in a significant decline in the overall sales numbers from a high in 2009, although there are still strata properties sold than in 2008.

As to drawing possible conclusions for the City of Victoria Real Estate Market from these historical real estate market results :

• It would appear that the Single Family Home Market in City of Victoria is now at a price level that the Number of Sales is likely will balance the market over the coming year to 18 months. This is offering both Sellers and Buyers the confidence that buying or selling, it is unlikely that values and number of sales will dramatically changes for the next 12 to 24 months (unless dramatic external issues changes the typical progression)
• As To City of Victoria Condominiums (suites),  Town-Homes and 1/2 Duplexes, the story is entirely different..... With the relatively sharp drop in the number of sales in City Of Victoria since 2009, while prices initially continued to increase, one could conclude (for Buyers) that prices are likely to continue to soften over the next 12 - 24 months. For Sellers, it would be very important to ensure that serious considerations is given to Pricing, presentation and marketing to ensure that your property is truly showing (to the fewer buyers) that it represents the best value in the market today.

City of Victoria Single Family Homes Historical Real Estate Market Trends 2008 to 2012

 City of Victoria Condominiums, Town-Homes, & 1/2 Duplexes Historical Real Estate Market Trends 2008 to 2012

• Are You considering Buying, Investing in, Selling, Real Estate in Victoria BC? Please use our FREE Victoria BC,  MLS Market Update Service.
• What is My City Of Victoria Home Worth?
  
• Current Greater Victoria Real Estate Board Statistical Reports (courtesy VREB)
• Victoria  BC, Resources (jobs, schools, health care, relocation, properties).
• Getting to know Victoria BC.
• Greater Victoria Community and Real Estate Resources
  

On our Live interactive map you will see some of the current Victoria properties for sale (this is just a snapshot and not intended to be a complete inventory). For a more complete available homes for sale index, we offer our Free Properties Search Services

Victoria Film Festival February 3 - 12, 2012

Not much time left to get your advance tickets for this years highly anticipated 18th. Victoria Film Festival.

This years Victoria Film Festival promises to be absolutely Pfanntastic.

• The Opening Gala Party, on February 03 at Spinnakers Gastro Brew-Pub
• The screening of the highly anticipated movie "House of Pleasure and The Flying House short.
• The Canadian Gala Opening with " A Little Bit Zombie"
• The Springboard Talks
• John Landis in the House
• Spotlight Linda Blair
• Sips 'n' Cinema
• Something Ventured
• The Horror
• Summer in February
• Feast and a Film
• and VIFPA Screening of The Whale

All that and dozens of Excellent and carefully selected movies, documentaries, shorts, and opportunities to experience rarely available cinema selections all in our own Victoria Home Town.

This is truly a Star Filled Event to make sure to experience on some level, so check out the schedule and box office at the Victoria Film Festival Website, and get your tickets now, before you are sorry....

Victoria Art Gallery presents;  "Jazz at the Gallery" ...

How Cool is This, 

Jazz at  the Victoria Art Gallery, combining the Great Victoria Art Gallery ambiance and the Smooth Sounds of Jazz.

The Victoria Art Gallery in Collaboration with UJAM Society is proud to present Jazz at the Gallery 2012. Tickets on sale now at the Gallery: $30 | $25 for members.  Four concerts, Sundays @ 2pm.

This year's lineup for the Jazz at the Gallery Series :

• January 29 - Joe Coughlin, The outstanding Canadian jazz vocalist starts this years, Jazz at the Gallery Series.  

• February 26 - The Tony Westlake Trio, Featuring the introspective musing of  Tony Westlake's Piano.

• March 25 - The Joey Smith Collective, and their toe-tapping rhythms.

• April 29 - The Gord Clements Ensemble, the Multi Talented  Classical and Jazz performer rounds out this years Jazz at the Gallery series

The Art Gallery in partnership with the U-JAM Society is proud to present Jazz at the Gallery, now in its 3^rd year.

Every year this series of very popular concerts sell out  Concerts do sell out so buy your tickets early – or pick up your series pass for $100 and never miss a beat!

You can contact the Art Gallery of Greater Victoria in several ways:

By telephone or fax
+1 (250) 384.4171 (administration & information)
+1 (250) 361.3995 (fax)

By mail
Art Gallery of Greater Victoria
1040 Moss Street
Victoria, British Columbia
Canada
V8V 4P1
View a map

Planning to buy, sell, upgrade, downsize, invest in real estate or relocate from or to Greater Victoria?

Need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann (250) 213 - 9490

City of Victoria, Single Family Home Market Review for 2011.

Looking back at 2011 as a year in review for the City of Victoria Single Family Homes seems an appropriate place start to review all of the core communinties in and around Greater Victoria.

2011 can be summarized as a transtition year for most of Greater Victoria Real Estate, in which some real estate segments and certain pockets within Greater Victoria saw improvements, where others are seeking a new balance in real estate values, sales and buyers expectations.

In the following days we hope to take you on a tour of the various communities and a variety of property types, to provide you with an overview of the shifts and changes in activel listings, sales, time on the market, the number of sales and listings and try to do so by community and by neighbourhood..

This information is reliable in so far that it unedited, and from the MLS system of the Victoria Real Estate Board. However the MLS system is not responsible for 100% of all listings and sales, and in a number of cases you will find that the reported results as so limited or few in number, that drawing conclusions from the information may not be applicable to your actual situation or area.

We encourage your questions and, It would be our pleasure to discuss your specific property, or buying inquiry in the context of your specific situation. 

Here is a link to the Victoria Real Estate Board Statistical Reports, and published every month.

Planning to buy, sell, upgrade, downsize, invest in real estate or relocate to Greater Victoria, and need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann now offer a FREE Pfanntastic Internet Service, keeping you informed about Greater Victoria Market Activity, including New Listings & Value Estimates, This absolutely Free no hassle service is completely customized to your specific requirements.
We call it: Victoria Homes Now, and this amazing little tool will ask you a few questions, and provides you with an updated snapshot of the property type(s), location (s) and real estate market activity as per your requirements.
The Pfanntastic Victoria Homes Now Service is Free, The Information is Invaluable,

Request Your Instant Access to Victoria Properties Right Now!