I'm a little late on this one. I'm glad it's getting discussed in the previous posts' comments. Thus, I won't comment much here on the December numbers. However, I will throw out the graphs.
Single family home sales for the past three years. Look at the regional sales prices on the VREB website. Those million dollar SFH sales had to have only been in Oak Bay, Saanich East, and Victoria (maybe one in North Saanich). The other regions, they are either below or only marginally above the 6 month average.
Finally, months of inventory for all properties. Where is it going to go from here?
The football game has finally ended. Thank goodness! The Bulls kicker made a field goal. A Bears player made a late hit on the kicker, and a side clearing brawl ensued. Those Bears are sore losers! I'm just kidding. I'm just a bitter renter. Final score, Bulls 32, Bears 19.