In the first half of 2021, the Greater Victoria market generated $408 million, representing some 1,300 units sold or contracted.
- A significant contributing factor to this historic sales volume came as a result of the sale, in May of this year, of a privately owned, eight-building, 537-unit apartment portfolio at a reported value of around $160M.
- To help address the housing crisis issues, the public sector has continued to acquire purpose-built rental stock, accounting for 13% (176 units) of total unit acquisition levels in 2021 (YTD).