Victoria shines in December — literally. The whole city glows with lights, music, and community warmth, and some of the best things to do this season are entirely free. Whether you’re new to the Island or simply soaking up the magic, here’s your Local Love guide to the most festive no-cost activities across Greater Victoria.

1. Inner Harbour Holiday Lights

December transforms the Inner Harbour into a glowing postcard. Parliament, the Empress, and the marina sparkle every night — and it’s completely free. Grab a hot chocolate, stroll the waterfront, and soak in the atmosphere.
Best time: just after sunset.

https://gvha.ca/events/harbour-holiday-light-up/

2. Lights of Wonder

Check out Lights of Wonder - Downtown Victoria’s most photo-worthy holiday event at Centennial Square November 29 – December 31! Catch live entertainment on stage Friday and Saturday nights. Snap unforgettable holiday photos with family, friends, and even your pup. Don’t miss the return of the Ferris wheel, opening December 19.

https://downtownvictoria.ca/lights-of-wonder/

3. Sidney’s Seaside Lights & Beacon Avenue Stroll

Sidney goes all-in on holiday lights every year. Take a walk along Beacon Avenue, enjoy the decorated storefronts, and wander the waterfront promenade by the pier.

Bonus: Many shops offer free tastings or cookie samples on select days.

https://www.exploresidney.ca/holidays/

4. Esquimalt’s 2025 Christmas Tree Village

Esquimalt is one of the most underrated places for holiday magic. Experience the magic of the holidays at the tenth annual Christmas Tree Village.The Recreation Centre Atrium and Archie Browning Sports Centre is transformed into a holiday wonderland, teeming with twinkling lights and delightful decorations.

https://www.esquimalt.ca/ChristmasTreeVillage

5. Oak Bay Village Holiday Windows

Oak Bay’s boutique shops create beautiful window displays throughout December. It’s festive, friendly, and walkable — and with the smell of fireplaces drifting through the village, it feels like a small-town Hallmark movie.

And On the first Saturday of December the Island Equipment Owners Association Truck Parade & Food Drive, featuring over 80 brightly lit cement trucks, dump trucks and other heavy equipment comes through Oak Bay Village. Music, food collection from 5 PM at the Oak Bay Municipal Hall.

https://www.oakbay.ca/whats-happening/annual-events/christmas-in-oak-bay/

6. Beacon Hill Park Winter Walks

No cost, endless beauty. Wander through Beacon Hill Park, visit the ducks, enjoy quiet forest paths, and take in the views from Dallas Road. Crisp winter air + ocean scenery = perfection.

Park info:
https://www.victoria.ca/parks-recreation/parks-trails/our-parks/beacon-hill-park

7. Drive or Walk Through Festive Neighbourhoods

Local favourites you can walk or drive through:

https://www.timescolonist.com/life/greater-victoria-christmas-lights-map-4831091

Free, cheerful, and perfect for a pre-holiday drive.

8. Local Craft Markets

Victoria hosts multiple markets — and many offer free entry on certain days or after certain hours. Even if you’re not shopping, it’s a lovely way to support local makers and feel part of the community.

https://www.victoria.ca/community-culture/events

Local Love Wrap-Up

December in Victoria is less about spending and more about slowing down, wandering, and feeling part of this island community. Whether you’re exploring harbour lights or discovering new neighbourhood favourites, the magic is everywhere — and most of it is free.

If you're new to Victoria or thinking about calling this beautiful place home, exploring in December is the perfect way to get to know its heart.

And if you’d like help choosing a neighbourhood that fits your lifestyle — I’d love to guide you.

Jacqueline Ross
REALTOR® | Coldwell Banker Oceanside Real Estate
(250) 415-5656
jac@yourvanislehome.com
www.YourVanIsleHome.com
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Helping you find home — and community — here in Victoria, BC.

As we move along in December, the Victoria real estate market shows a clear shift in pace. Sales slowed in November, inventory remained healthy, and the overall tone of the market leaned toward patience — offering more breathing room for buyers and a steady, balanced environment for sellers.

Here’s what you need to know.

Home Sales Down Compared to Last Year

A total of 451 properties sold across the Victoria Real Estate Board region in November 2025. This reflects:

• 18.1% fewer sales compared to November 2024 (551 sales)

• 26.9% fewer sales than October 2025

• Yet still higher activity than November 2022 and 2023, when sales dipped below 400

Sales varied by property type:

• Condo sales: 119 units sold (down 36% year-over-year)

• Single-family homes: 241 sold (down 8.4% year-over-year)

The Board notes this year-over-year comparison looks dramatic only because 2024 experienced an unusual late-year sales rally, which is not the norm for Victoria.

Inventory Eases, But Choices Remain Strong

At the end of November, there were 3,152 active listings, representing:

• 7.9% fewer listings than October 2025

• 11.1% more listings than November 2024

Buyers still have plenty of selection, but inventory is tightening slightly as we enter the winter season — a typical trend for Victoria.

Market Tone: Balanced, Patient, and Price-Sensitive

2025 VREB Chair Dirk VanderWal describes the November mood as “one of patience.”

• Buyers are taking their time.

• Sellers who price accurately and present their homes well are still seeing results.

• The market remains balanced, without the urgency of the early 2020s.

Different neighbourhoods and property types perform differently, so understanding where your home sits on the buyer–seller spectrum is key.

Benchmark Home Prices: Stable With Mild Movement

Single-Family Homes (Victoria Core)

• November 2024: $1,313,900

• November 2025: $1,276,700 (-2.8% year-over-year)

• Slight dip from October’s benchmark of $1,280,100

Condominiums (Victoria Core)

• November 2024: $542,100

• November 2025: $553,100 (+2% year-over-year)

• Up from October’s benchmark of $549,000

Condo values continue to hold steady, while single-family pricing shows mild softening — a trend aligned with broader affordability patterns.

What This Means for Buyers

• You have time and choice, especially compared to recent years.

• Well-priced homes still move quickly, particularly in the Core, Sidney, and Saanich East.

• If you're planning to buy in early 2026, now is a great moment to start conversations and get pre-approved before the January uptick.

What This Means for Sellers

• Presentation and pricing matter more than ever in a patient market.

• Buyers are thoughtful and selective — staging, photography, and market positioning are essential.

• A complimentary home evaluation can help you understand where your home sits in today’s balanced conditions.

I Can Help You Navigate This Market

Whether you’re planning to buy or sell in 2026, I’d love to walk you through what this market means for your specific plans.

➡️ Reach out anytime for a personalized market review or home evaluation 250-415-5656.

Jacqueline Ross
REALTOR® | Coldwell Banker Oceanside Real Estate
(250) 415-5656
jac@yourvanislehome.com
www.YourVanIsleHome.com
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Helping you find home — and community — here in Victoria, BC.

Buying your first home is one of the most exciting — and sometimes overwhelming — experiences in life.

When I bought my first home, I was thrilled, nervous, and completely consumed by the details. Like most first-time buyers, I had a budget, a dream list, and a lot of “what ifs.” Now, after years of helping clients through the same process, I can look back and say there are three big things I wish I’d known sooner.

If you’re thinking about taking the leap into homeownership in Victoria, these lessons might save you time, stress, and a few sleepless nights.

1️⃣ Neighbourhoods Matter More Than You Think

When I first started looking for a home, I was laser-focused on the house itself — layout, finishes, backyard size, and how close it was to work. What I didn’t fully appreciate was how much where you buy shapes how you live.

In Victoria, every neighbourhood has its own rhythm and character. Fernwood has that artsy, community feel; Cook Street Village offers endless walkability and cafés; Saanich is family-friendly with easy access to trails and parks; and Esquimalt is vibrant, coastal, and still surprisingly affordable.

Your neighbourhood becomes part of your everyday story — where you grab your morning coffee, walk your dog, or meet your neighbours at the market. The right fit isn’t just about the walls around you, it’s about the life you’ll build within and beyond them.

✨ Pro Tip: Before making an offer, spend a weekend exploring the area at different times of day. Grab lunch locally, chat with shop owners, and see if it feels like “you.”

💬 Looking for local insight? I love helping clients match their lifestyle to the right neighbourhood — not just the right home. Let’s chat about areas that may work well for you.

2️⃣ Hidden Costs Add Up

When I was budgeting for my first home, I focused on the down payment and mortgage — and completely underestimated the smaller costs that come with ownership.

Things like inspections, lawyer fees, insurance, moving costs, property transfer tax, and home maintenance all add up. None of these are deal-breakers, but they’re worth planning for so nothing catches you off guard.

When I work with first-time buyers now, one of the first things we do is map out a complete budget — not just for the purchase, but for those first few months of homeownership. That clarity changes everything.

💡 Pro Tip: Set aside 2–3% of your purchase price for closing and moving costs. It’s one of the simplest ways to stay ahead of surprises and enjoy a smoother transition.

📦 Need help building your first-home budget? I’ve created a “First Home Checklist” to guide you — download it free at YourVanIsleHome/buying.

3️⃣ You Don’t Have to Do It Alone

When you’re buying for the first time, it’s easy to feel like you need to figure everything out yourself — especially in a competitive market like Victoria. But here’s what I learned: having the right guidance makes all the difference.

A good REALTOR® doesn’t just unlock doors — they help you understand the process, ask the right questions, and make decisions that protect your long-term goals. They also connect you with trusted local professionals — mortgage brokers, inspectors, lawyers, and tradespeople — who become part of your support system.

One of my favourite parts of this job is walking my clients through the process step by step. Whether it’s celebrating a mortgage pre-approval, navigating an offer, or handing over the keys, every milestone matters — and it feels a lot less stressful when you have someone in your corner.

☕️ Buying your first home doesn’t have to feel overwhelming. Let’s sit down, map out your goals, and create a plan that fits your life and your budget.

Final Thoughts

Buying a home for the first time is so much more than a financial decision — it’s the start of a new chapter.

Looking back, I wish I’d focused less on rushing the process and more on learning from people who’d already walked the path. Now, I get to be that person for others — helping newcomers and first-time buyers find not just a property, but a place to belong.

If you’re ready to explore your first home in Victoria, I’d love to help you start strong.

💛 Ready to Begin?

✅ Download your free Home Buying Guide
✅ Explore the latest listings at YourVanIsleHome.com
✅ Or book your First-Home Roadmap Session — a friendly, no-pressure chat about your next steps.

Because finding your home in Victoria should feel exciting, empowering, and full of possibility.

—
Jacqueline Ross

REALTOR® | Coldwell Banker Oceanside Real Estate
(250) 415-5656
jac@yourvanislehome.com
www.YourVanIsleHome.com
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Helping you find home — and community — here in Victoria, BC.

Everywhere you look, mortgage rates are front and centre—but the fine print behind those low numbers can cost you more than you think. This month, our trusted mortgage broker, Paul Macara, with Macara Mortgages, has some thoughts on why it’s not always about the rate.

We get it, mortgage rates are everywhere. You see them on ads, in your inbox, and all over comparison websites. And it’s tempting to chase the lowest number on the board.

But here’s the thing: the mortgage with the lowest rate isn’t always the cheapest in the long run.

Whether you’re renewing, refinancing, or switching lenders, it’s important to look beyond the headline rate and ask a few smart questions before signing on the dotted line.

Not all mortgages are created equal

Some lenders offer teaser rates that jump sharply after the intro period. Others offer “no frills” mortgages that take away basic features like prepayments or portability just to offer a slightly lower rate.

And here’s something many borrowers don’t realize: the lowest mortgage rates are often reserved for insured mortgages—typically those with down payments under 20%. These loans carry less risk for the lender, which is why they get better pricing. So, even if a rock-bottom rate catches your eye, it may not be available to you unless your mortgage qualifies.

Before you choose, here are 10 questions you should be asking:

1. Is this rate only available on insured mortgages?
   If you have more than 20% equity, you may not qualify for the rate you saw advertised.
   

2. Can I make lump-sum payments or increase my monthly payment?
   Flexibility matters if you want to pay down your mortgage faster.
   

3. What’s the penalty if I break this mortgage?
   Life happens. Make sure you understand the cost of ending the term early. And be aware that prepayment penalties can vary widely between lenders.
   

4. Is this a short-term teaser rate?
   If the rate only lasts 6 months and then resets much higher, your long-term cost could be greater.
   

5. Is this a no-frills mortgage?
   Lower-rate products often remove useful features, which could limit your ability to refinance with other lenders, make prepayments, or move the mortgage with you if you buy a new home.
   

6. Can I transfer this mortgage to a new property?
   If you move, a non-portable mortgage could mean thousands or even tens of thousands in prepayment penalties.
   

7. Is this a fixed or variable rate?
   Fixed gives payment stability, while variable rates move with the market. What fits your risk tolerance?
   

8. How is the fixed-rate penalty calculated?
   Not all lenders’ penalty calculations are created equal Some use harsher comparison rates in their IRD (interest rate differential) formula, which can make breaking your mortgage more costly.
   

9. What’s the lender’s reputation?
   A low rate won’t mean much if service is poor or approvals are rigid.
   

10. What’s the total cost over the term?
    Ensure you know the total cost, not just the rate.

A better mortgage is about the full picture
Choosing the right mortgage is about more than rate. It’s about flexibility, protection, and making sure your mortgage fits your life…not just your budget.

Have questions or want a personal mortgage referral? I’m always happy to connect you with trusted pros like Paul—just reach out anytime.

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com
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Victoria’s real estate market held a steady course this May, continuing the balanced trend we’ve been seeing throughout 2025. A total of 758 properties sold in the Victoria Real Estate Board region, just slightly below May 2024, and a significant 18.1% increase over April 2025.

What’s fueling this consistency? A healthy mix of rising inventory and stable interest rates has created a more comfortable experience for both buyers and sellers. While this market may not make dramatic headlines, it’s offering something even better: predictability.

🏡 Quick Stats for May 2025:

• Total Sales: 758 (up 18.1% from April 2025; down 0.7% from May 2024)

• Single-Family Home Sales: 401 (up 0.5% from last year)

• Condo Sales: 221 (down 6% from last year)

• Active Listings: 3,716 (up 11.3% year-over-year; highest since 2008)

• Benchmark Home Price (Victoria Core):

  • Single Family: $1,326,600 (+1.3% from May 2024)

  • Condo: $564,100 (–0.9% from May 2024)

👀 If You’re a Buyer Right Now…

This may be one of the most comfortable buyer markets Victoria has seen in years. With inventory at its highest since 2008, you’ve got more options, less pressure, and better odds of negotiating terms that work for you. Prices are relatively stable, and interest rates haven’t seen major movement recently, making it easier to plan your finances long-term.

➡️ Tip: If you’ve been waiting for the right moment to re-enter the market or move up/downsize, this kind of stable, balanced market can give you an edge, especially with more listings to compare.

🏠 If You’re a Seller Right Now…

The good news? Homes are still selling, and we're seeing the highest number of monthly sales since May 2024. But with more listings hitting the market, it’s crucial to make your home stand out, both online and in person. The days of skipping prep work and getting multiple offers instantly are less common.

➡️ Tip: Pricing strategically, staging thoughtfully, and working with an agent who understands your hyper-local market will help you attract the right buyer in this more balanced environment.

Final Thoughts

As Board Chair Dirk VanderWal said, "It might be boring to report on—but this kind of market is much more comfortable for buyers and sellers to navigate than what we’ve seen in recent years."

Whether you're curious about your home's value or thinking about a summer purchase, I'm happy to walk you through what’s happening in your specific area or price point.

📩 Reach out anytime for a custom market snapshot or to talk about your next steps.

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com
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Summer is officially here—and whether you’re enjoying your forever home or planning to list later this year, now’s the time to give your space a seasonal refresh. Staying on top of maintenance not only protects your home’s value but also helps you enjoy it more fully during the sunny months.

Here are five essential tasks to consider this June:

🧽 1. Power wash outdoor surfaces
Decks, patios, siding, and even walkways benefit from a fresh blast to remove moss, pollen, and dirt. Don’t forget to check your driveway for oil stains or grime buildup.

🍃 2. Clean out your gutters
Even in summer, clogged gutters can cause trouble during unexpected downpours. If you’re not up for the ladder work, many local services offer quick cleanings.

🔨 3. Inspect your roof
A sunny day is ideal for a quick look at your roof—missing or cracked shingles, worn flashing, or signs of moss should be addressed now before the fall.

🌼 4. Refresh your garden beds & mulch
Trim back overgrowth, add a pop of colour with new annuals, and top up your mulch to conserve water during drier weeks.

💧 5. Tune up your irrigation system
Sprinkler or drip system? Ensure everything is working efficiently—leaks and uneven coverage can lead to high bills or stressed plants.

🌸 Bonus Section: Living in a Condo or Townhouse? Here's Your Spring/Summer Checklist

Even if your strata handles exterior maintenance, there are a few smart seasonal tasks you can take on to keep your unit in tip-top shape:

🪟 Check and clean your windows & screens
Use a mild detergent and a soft cloth to remove dirt and dust buildup. Fresh screens let in the breeze without the bugs.

🌬 Service your HVAC or A/C units
If your unit has in-suite heating/cooling, book a filter replacement or maintenance check before the hottest days arrive.

🧺 Clean your dryer vent
Lint buildup is a serious fire hazard and can reduce your dryer’s efficiency—ask your strata if you’re unsure where the exterior vent is.

🪴 Add summer life to your balcony or patio
Container plants, herbs, or a cozy chair go a long way in making your outdoor space feel like a seasonal retreat.

✨ Thinking of selling this year?

Buyers notice the little things. Seasonal maintenance and fresh curb appeal (yes, even for townhomes and condos) can help your home stand out in photos and showings. Want a personalized list to get ready? Just reply or send me a message—I'd be happy to help.

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com
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