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By the end of 2024, developers plan to have completed an astounding 518,108 rental units, a startling 30% more than in 2022 and 9% more than in 2023. Moreover, 47% of the 369 metro areas under study are probably going to develop more in the upcoming five years than they did in the years between 2019 and 2023.
What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? At D.Fritz Appraisals Inc , we pride ourselves on staying up to date with the ever-changing housing market to ensure we offer accurate appraisals to sellers and buyers. Between 2021 and 2022, house prices in the Victoria, BC region rose by an average of 20%.
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