August was a typical quiet but steady month says Victoria Real Estate Board chair Dirk VanderWal.

"Home buying, selling, and moving projects are often put on hold until fall. Some sellers use the month to prepare their home for listing in the busier fall market.”

A total of 525 properties sold in the Victoria Real Estate Board region – 3.7 per cent fewer than last year and 22.8 per cent fewer than in July 2025. Sales of condominiums saw a drop, decreasing by 16 per cent from last year, where single-family homes increased by 6.3 per cent.

At the end of the month, there were 3,600 active listings for sale on the Victoria Real Estate Board Multiple Listing Service. This is a 12.8 per cent increase from active listings for sale at the end of August 2024.

“We’ve seen fairly stable prices an

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