The Greater Victoria multifamily market has experienced a slow start to the year due to prevailing economic conditions experienced across Canada. The January to June total sales volumes of $102,322,500 in contrast to last year's $670,625,825 reflect this reality.
- Currently, there are 17 multifamily listings valued at over $2 Million in the Greater Victoria Area.
- As of the latest update, there are 6,162 rental units under construction in the Greater Victoria area.
- Victoria's largest purpose-built affordable rental project is complete adding 130 rental homes to the Market.