Greater Victoria Real Estate Show

Hosted by Jane Johnston

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Episodes

322

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Aug 2026

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About the show

We’re Andrew Plank and Jane Johnston, two Victoria-based realtors from different brokerages, and Jen Lowe, a mortgage broker with over a decade of experience. Each week we unpack what’s really going on in our local market - from pricing and inventory to interest rates, lending updates, and buyer and seller strategies. We explain the trends, answer the questions people are actually asking, and share what we’re seeing on the ground so you can feel more confident making real estate decisions in Victoria, BC. Expect market updates, financing insights, neighbourhood context, and thoughtful conversations that are equal parts informative and down to earth. Listen full episodes and subscribe to new shows every week. If you’re planning a move, looking to buy, sell, or simply exploring your mortgage options, we’re here to help.

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60 recent

August 28, 202636 min

Comparable Market Analyses - How Long Are They Good For and How Do You Find a Great Realtor?

How long is a Comparative Market Analysis actually accurate — and when should you ask your REALTOR® to update it before making a real estate decision? On this episode of the Greater Victoria Real Estate Show (GVRES), we look at how quickly property values can change and why a Comparative Market Analysis, or CMA, is really a snapshot of the market at a specific point in time. Changes in recent sales, new listings, price reductions, interest rates, inventory and buyer demand can all affect what a home may be worth today. We also talk about one of the most important decisions a buyer or seller can make: how to find a great real estate agent. What should you look for in a REALTOR®? Does experience matter? Should you choose the agent with the biggest marketing presence, the highest suggested listing price, or the person who understands your neighbourhood, communicates well and can provide solid advice when negotiations get difficult? Whether you're buying a home in Victoria, selling a property in Greater Victoria, considering a move to Vancouver Island, or simply trying to understand the current Victoria BC real estate market, this episode offers practical advice to help you make better real estate decisions. The Greater Victoria Real Estate Show covers real estate throughout Victoria, Saanich, Oak Bay, Esquimalt, View Royal, Langford, Colwood, Metchosin, Sooke, Sidney, North Saanich and the surrounding communities of Southern Vancouver Island. Topics in this episode include: Comparative Market Analysis (CMA), how long a CMA is accurate, determining home value, Victoria BC home prices, choosing a REALTOR®, finding the best real estate agent, interviewing a real estate agent, buying a home in Victoria BC, selling a home in Victoria BC, Greater Victoria real estate, Vancouver Island real estate and current real estate market conditions.

August 19, 202629 min

How did we end up in multiple offers!

You find a home you like, write an offer, and then suddenly hear there are other buyers at the table. How does a single-offer situation turn into multiple offers — and what should you do next? On this episode of the Greater Victoria Real Estate Show, we break down how multiple-offer situations develop, what sellers and listing agents are required to communicate, and how buyers can respond without getting caught up in the emotion of competition. We talk about offer timing, price, conditions, deposit, completion dates, and the other terms that can make an offer stronger — because the highest price isn’t always the offer that wins. If you’re buying a home in Victoria, BC, Greater Victoria, or Vancouver Island, this episode will help you better understand the multiple-offer process and make more informed decisions when competition appears.

August 17, 202627 min

Weekly Update - Unexpected Lender Conditions

Jen and Andrew are going to be discussing what happens when we have unexpected conditions demanded by the lender to be fulfilled either before condition removal or within a limited time period after possession.

August 6, 202638 min

July 2026 Monthly Market Update - Seasonal Slowdown

Greater Victoria Real Estate Market Update | July 2026 Sales, Prices & Buyer Opportunities What is really happening in the Greater Victoria real estate market as we move through the summer of 2026? In this month’s market update, Jane Johnston, Andrew Plank and Jen Lowe look beyond the headlines to explain where homes are selling, where activity has slowed and where buyers may now have greater negotiating power. A total of 673 properties sold across the Victoria Real Estate Board region in July—just 1% fewer than July 2025—while active inventory rose 3.9% year over year to 3,847 listings. Detached-home sales increased by 4.1%, but condominium sales fell by 7.1% and townhouse sales declined by 15.5%. We examine why detached homes in Langford and Colwood are holding up comparatively well, while prices have softened across much of the Victoria Core and in areas such as Sooke, View Royal, Saanich West, Metchosin and the Gulf Islands. We also discuss the opportunities developing in the condo market, where benchmark prices have declined in Victoria, Langford, Colwood, Oak Bay and Victoria West. Townhouse sales have slowed, but prices remain relatively resilient—particularly in the Victoria Core—showing why Greater Victoria cannot be described as one single market. Different locations and property types are moving in very different directions. For buyers, this episode identifies where more inventory, longer market times and declining prices may create opportunity. For sellers, we explain why preparation, presentation and accurate pricing are especially important in a balanced but highly selective market.

August 4, 202641 min

What do you do when you find issues during home inspections?

Are you considering a variable-rate mortgage or buying a home in Victoria, BC? In this episode of the Greater Victoria Real Estate Show, we explore two important topics for homebuyers, homeowners and sellers. First, Jen explains how a fixed-payment variable-rate mortgage works. These mortgages can provide the budgeting certainty of a consistent payment while allowing borrowers to continue paying down their mortgage. We discuss what happens when interest rates rise or fall, how payment allocation can change and what borrowers should understand before selecting this type of mortgage. We then look at what buyers can do when a home inspection uncovers deficiencies after an offer has been accepted. Should you ask the seller to complete repairs, negotiate a price reduction, request different terms, obtain additional inspections or proceed with the purchase as written? We discuss how the seriousness of the issue, the wording of the inspection condition, the strength of the market and the buyer’s comfort level can influence the strategy. Whether you are buying, selling or financing a home in Greater Victoria, this episode offers practical guidance to help you make informed real estate decisions.

July 16, 202640 min

Bank of Canada Holds Rates Steady & Are BC Foreclosures Really a Good Deal?

In this episode of The Greater Real Estate Show, we cover two of the hottest topics in the Canadian housing market. First, we break down the Bank of Canada's latest rate decision and what holding interest rates steady means for buyers, sellers, homeowners, and investors. Then, we take a closer look at BC foreclosures. Are foreclosure properties really the great deals everyone thinks they are? We discuss the buying process, the risks, and whether these homes actually offer better value. Whether you're buying, selling, or investing, this episode delivers practical insights to help you navigate today's real estate market. #BankOfCanada #InterestRates #CanadianRealEstate #BCRealEstate #Foreclosures #VancouverRealEstate #HousingMarket #RealEstateInvesting

July 16, 202635 min

GVRES June 2026 Month Market Update... What's Really Happening in the Market

Bank of Canada Watch + What’s Really Happening in the Greater Victoria Market | Greater Victoria Real Estate Show This week on the Greater Victoria Real Estate Show, Jane Johnston, Andrew Plank, and mortgage specialist Jen Lowe will be talking about the upcoming Bank of Canada rate announcement on July 15 and what we anticipate the decision may mean for buyers, sellers, and mortgage holders. We’ll also break down what we’re seeing in the Greater Victoria market right now — and why the answer is not the same for every property. Some segments are still moving well when pricing, presentation, and location line up. Others are taking longer, especially where buyers have more choice or where a property has a drawback that needs to be priced in from the start. In this episode, we’ll discuss: • What we expect from the next Bank of Canada announcement • Why rates still matter, even when buyers have adjusted to the current environment • How this month’s trends differ by product type • Why condos, townhomes, and single-family homes are not all behaving the same way • How location is affecting activity across Greater Victoria • Why pricing strategy matters more in a higher-inventory, more selective market If you are thinking about buying, selling, renewing, or simply trying to understand what is really happening in Greater Victoria real estate, this is a conversation worth tuning into. Hosted by Jane Johnston, Andrew Plank, and Jen Lowe. Watch on YouTube, stream on Facebook, or listen wherever you get your podcasts.

June 18, 202637 min

Technology, Alternate Lending and Weekly Market Update - June 17, 2026

This week on the Greater Victoria Real Estate Show, we take a look at how technology has changed the real estate industry over the past 20 years — from the way we communicate with clients to the tools REALTORS® now use every day. Along the way, we share a few funny stories and behind-the-scenes anecdotes about working with colleagues in a changing business. We also discuss what is happening in the mortgage market, including the growing role of alternative lenders and B-lenders. If your financial institution says no, that does not always mean the door is closed. There may be other options available, and understanding those options can make a big difference. Finally, we wrap up with our weekly Greater Victoria market update, reviewing listing activity, price reductions, buyer engagement, and what the numbers are telling us about the current pace of the market. A practical, informative, and occasionally funny conversation about real estate, financing, technology, and the Greater Victoria market.

June 18, 202633 min

Monthly Market Update June 2, 2026

Today on the Greater Victoria Real Estate Show, we’re diving into the latest monthly market update and what higher inventory levels mean for buyers and sellers in this spring market. With more listings coming to market, buyers have more choice — but that does not always mean every property is negotiable or every seller is under pressure. We’ll talk about how to read the market properly, where opportunity may exist, and why pricing, presentation, and strategy still matter. Jen Lowe will also be joining us to talk mortgages, including an important conversation about variable rate mortgages. Did you know a variable rate mortgage can be structured with either fixed monthly payments or payments that fluctuate as rates change? Jen will explain the difference, how each option affects borrowers, and what buyers should understand before making a decision. Whether you’re buying, selling, refinancing, or simply trying to understand what is happening in the Greater Victoria real estate market, today’s conversation will help bring clarity to the numbers, the strategy, and the decisions ahead.

June 18, 202633 min

Quick Weekly Market Update for May 26, 2026

Join Jane and Andrew on today’s Greater Victoria Real Estate Show as we talk through the current spring market, buyer and seller psychology, rising inventory, price reductions, and whether this may be a good time to buy. With more listings coming to market and buyers having more choice, the conversation is shifting. Sellers are having to be more strategic with pricing, presentation, and expectations, while buyers are weighing opportunity, affordability, interest rates, and timing. We tried to keep this one short… but as always, there was a lot to unpack. In this episode, we discuss: – What rising inventory means for buyers and sellers – Why we are seeing more price reductions – How seller mindset is changing this spring – Whether buyers should act now or wait – How to make smart decisions in a more balanced market – What we are seeing on the ground in Greater Victoria real estate Whether you are buying, selling, investing, or simply watching the Victoria BC housing market, this episode gives you a clear, practical look at what is happening right now. Greater Victoria real estate market, Victoria BC housing market, spring real estate market, Victoria BC homes for sale, price reductions, real estate inventory, buying a home in Victoria BC, selling a home in Victoria BC, Vancouver Island real estate.