The active buyers in Greater Victoria in 2026 are move-up buyers using equity from a previous sale, retirees and downsizers relocating for lifestyle reasons, and out-of-province buyers coming from the Lower Mainland and Alberta. First-time buyers are active in the $500,000–$800,000 range.

**Investor update:** Investors have pulled back, particularly in the condo segment, due to higher carrying costs and rental regulation uncertainty . This removal of investor demand is a key reason condos are underperforming single-family homes. The buyer pool is now predominantly end-users — people who plan to live in the property. This changes how you market: emphasize livability, neighborhood amenities, and long-term value over rental potential or flip opportunities.

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Thinking of selling? Work with Dale Sheppard to sell your home.