EVEST FUNDS
206 - 5701 Granville Street V6M 4J7 Vancouver, BC, Canada

What will the Vancouver Island 2021 Real Estate Market hold? If last month's numbers are any indication - we are in for another record year. In the Victoria Capital Regional District in November 2020, total property sales shattered a 29-year-old record, seeing 795 properties close, 100 properties more than the long-standing record set in 1991 and a huge gain over November 2019, which saw 577 sales... ... https://evestfunds.com/victoria-home-prices-soar-to-record/

Season’s Greetings from Evest Funds Wishing you and your loved ones a cozy, safe, and happy holiday season.

November home sales in Kelowna are on fire with a whopping 71% more sales over November 2019. https://evestfunds.com/temperatures-dont-cool-the-red-hot-/

The real estate market in Victoria area, including Langford continues to outperform. Home prices increase over 8% in the Langford area year over year. https://evestfunds.com/victoria-real-estate-market-continu/

Would you like learn more about the limited partnership opportunities at Evest Funds? Join CEO Bob Fraser on our Meet the CEO zoom call this Thursday, October 22nd at 7pm (PST) https://evestfunds.zoom.us//regi/WN_W2aSvEnERlarUYgCmN6hkw

If you're considering real estate investing, Kelowna, BC continues to be an excellent market for rental income. Ask us about the opportunities we have in Kelowna and how you can get into the market for as little as $25k. www.evestfunds.com https://www.kelownacapnews.com//kelowna-fifth-most-expens/

It's no secret that Vancouver Island real estate market is smoking hot this fall. We are seeing big increases in home values in the Capital Region District which bodes well for our Langford Gateway development project! Home values in the Langford area have risen 7.6% from September 2019 with condominiums increasing in value by 8.1% Read more and download the VREB stats package here:... https://evestfunds.com/real-estate-consumer-confidence-con/ #realestate #property #residential

This July was an extremely busy month for real estate sales. Likely a continuation from the delayed spring market but a couple key points still to highlight. "A big factor in our market right now is that we continue to see this very long term, very low supply of inventory which puts pressure on our market and prices," adds Ayers. "Though we had a good number of new listings come to market this month, many of those listings were snapped up by buyers. Our average active listings for July over the past ten years is 3,767 but our current local inventory is more than a thousand properties less than that." All the details for the VREB Monthly stats package can be found here: https://www.vreb.org/current-statistics#gsc.tab=0

The June sales results are in at the Victoria Real Estate Board! The big take away is sales in June 2020 outpaced June 2019 by just over 9% despite there being nearly 11.5% fewer listings and property values in the Westshore (Langford, Colwood, Metchosin)communities saw sales prices increase by over 8% year over year. View the stats package here:... https://www.vreb.org/current-statistics#gsc.tab=0 See more

There is no doubt that the pandemic will cause substantial economic downturn around the globe but according to a new report BC will rebound quicker and stronger. Learn more here from our associates at Western Investor: www.westerninvestor.com//b-c-will-lead-post-pandemic-recov

INVESTOR ALERT! Last week it was announced a new UBCO campus would be built in Downtown Kelowna, increasing student and staff to over 20,000 in the coming years. This is great news for our Promontory Kelowna townhouse development. If you're looking for an investment opportunity, check out www.promontorykelowna.com ... No rental restrictions in a great neighbourhood - only 5 minutes from the new campus. https://globalnews.ca//new-ubco-campus-to-be-built-in-dow/

We have long recognized the undervalued opportunities that exist in Langford which is why we have focused intently on our Langford Gateway project. It just makes good sense. With 2 months of Covid-19 affected real estate market data to review it looks like the real estate market, while starkly different in terms of the number of sales year over year, sees the sale price continue to rise, with homes in the Langford-Westshore area out pacing the other areas in the Victoria regi...on. For all the numbers: https://www.vreb.org/current-statistics

This bodes with what we've heard anecdotally as well. There is strong interest in the low to mid priced properties across the Capital region. With interest rates being near record lows, people are continuing to invest in real estate. https://victoria.citified.ca//hardly-the-market-crash-som/

Exciting developments at our Promontory Kelowna project. Look at the views from the Blk 12 upper decks! More details at www.promontorykelowna.com

Our Latest Offering: Promontory at Upper Mission Land Purchase and Development - Accredited Investor Opportunity... A land development investment opportunity is of 4.5 acres of prime view land located in the prestigious Upper Mission neighbourhood of Kelowna, BC. Development plans include a minimum of 48 gracious townhomes that feature affordable price points in an upscale area. Minimum Investment of $50,000 Projected preferred returns of 18% annualized. 5% off shares for a limited time Convert your investment into real estate Visit www.promontoryatuppermission.com to register.

It has been a difficult few weeks and the uncertainty is understandably stressful. At Evest Funds we've been working hard to better understand the impacts of Covid-19 and how to best prepare for the future. Stay tuned for updates shortly. Be safe.

Joining Ian Tootill at the Langford Gateway presentation this morning

One of our core values is to build livable communities and that's why we're so excited to be a part of the future of Langford. https://www.sookenewsmirror.com//langford-gets-federal-ca/