Viewing Archive – October 2015

Victoria and Sooke Real Estate Market Outlook Fall 2015

October 28, 2015

Last year at this time we questioned if the Victoria real estate market would move in 2015 from a balance position into a sellers market – a market in which demand outpaces supply. The numbers are in and the answer is a resounding yes.

Canada Mortgage and Housing Corp. has just released their Fall 2015 Housing Outlook for Victoria and notes, “Higher sales levels combined with a declining supply of listings moved the Victoria area resale market into sellers’ conditions through the first eight months of 2015 (Figure 4), particularly in the single-detached home segment, where demand

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The Geothermal Experience at Woodland Creek

Geothermal Drilling at Woodland Creek, Built Green affordable homes in Sooke

As we start construction on the 5 remaining geothermal lots at Woodland Creek in the town of Sooke, a waterfront community close to Victoria BC, we can truly say that the innovative approach we took to new home construction has paid off.  It has paid off for the homeowners, the environment, the community, and our employees and trades.

Homeowners that purchased the first new homes 4 years ago were risk takers.  As early adopters they were willing to try something relatively new. While an established technology elsewhere in the world, individual geothermal or geoexchange systems for single family homes was … read more