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Victoria Multifamily Market Report 2023 Year End

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research article
  • The Greater Victoria purpose-built rental sector showed vitality throughout the year despite the Bank of Canada’s stringent interest rates and challenging financing conditions.
  • The total sales volume for 2023 amounted to $429,338,500, signifying a noteworthy 44% reduction compared to the sales volume of $768,025,825 recorded in 2022.
  • Greater Victoria’s overall vacancy rate increased only marginally to 1.6%, as ongoing market rental demand pressures quickly absorbed new supply.

Victoria Multifamily Market Report 2023 Year End

Télécharger le rapport