Victoria home sales dip in February

VICTORIA – The city has experienced a dip in home sales in February, which followed the national trend. Data from the Victoria Board of Realtors shows 61 homes sold in February, versus 72 the previous February.

The drop comes because there aren’t enough homes to sell, says Veronica McCants, broker and co-owner of Re/Max Land and Homes. With so many people looking to move into the Crossroads, inventory is Victoria’s biggest issue.

While the number of sales has dropped, however, housing prices have increased.

Read more at the Victoria Advocate.