The Neal Estate Team
770B Hillside Avenue V8T 1Z6 Victoria, BC, Canada

COVID-19 Recovery Dashboard Shows Home Sales Staged a Remarkable Recovery in 2020 This month’s COVID-19 Recovery Dashboard shows that home sales staged a remarkable recovery during the pandemic and recession in 2020 that will fuel momentum in 2021. However, record low levels of supply across the province will likely translate into considerable upward pressure on prices until listings pick-up. Click here for the full article: https://www.ronneal.com//covid-19-recovery-dashbo...ard-shows #MarketUpdate #BCREA

BCREA 2021 First Quarter Housing Forecast Update The British Columbia Real Estate Association (BCREA) released its 2021 First Quarter Housing Forecast Update today. Click here for the full article: https://www.ronneal.com//bcrea-2021-first-quarter-housing-... #MarketUpdate #BCREA

831 Melody Place Take a 3D virtual tour: https://my.matterport.com/show/?m=p3WLRyoSqCg Custom build in the highly sought after Willis Point area... Full details available at www.831MelodyPlace.com Contact us for more details at 778-655-2989 or visit ronneal.com #yyjhomes #matterport #homeviewing #WillisPointspecialist #CentralSaanichspecialist

Visit our 24/7 Video Open House Meticulously Maintained Custom Built Home on a No Through Private Road Full details available at www.3448HorizonTerrace.com... #videoopenhouse #homeviewing #Langfordspecialist

Visit our 24/7 Video Open House Highlands masterpiece set on a flat expansive bright 4.62-acre property Full details available at www.1790YorkRidgePlace.com... #videoopenhouse #homeviewing #WesternHighlandsspecialist #Highlandsspecialist

COVID-19 Reopening Dashboard - January 6, 2021 The BCREA Economics team has created the COVID-19 Reopening Dashboard to help REALTORS monitor the evolution of the economy as BC navigates the recovery. This dashboard focuses on the sectors and activities that have been most significantly impacted by the pandemic and the province’s subsequent state of emergency. While demand for homes continues to be strong, the supply of listings has reached near-record lows in several parts ...of the province, with prices rising sharply as a result. Click here for the full article: https://www.ronneal.com//covid-19-reopening-dashboard-janu #MarketUpdate #BCREA

Congratulations to our Top 10 Producers for December 2020!

Sold! Yours next? Details at www.306-935FairfieldRoad.com Find your home value now at ronneal.com/cma Your home guaranteed sold in 30 days, or we will sell it for free... #sold #happyclients #Victoriaspecialist Please use this link for our Just Sold Ads instead of Instant Value Page https://www.ronneal.com/in-home-market-evaluation.php

Sold! Yours next? Details at www.1887CochraneStreet.com Find your home value now at ronneal.com/cma Your home guaranteed sold in 30 days, or we will sell it for free... #sold #happyclients #SaanichEastspecialist Please use this link for our Just Sold Ads instead of Instant Value Page https://www.ronneal.com/in-home-market-evaluation.php

Visit our 24/7 Video Open House Executive Townhome in a Desirable Location Full details available at www.5-4570WestSaanichRd.com... #videoopenhouse #homeviewing #Victoriaspecialist

Sold! Yours next? Details at www.3411KargerTerrace.com Find your home value now at ronneal.com/cma Your home guaranteed sold in 30 days, or we will sell it for free... #sold #happyclients #Colwoodspecialist #Victoriaspecialist Please use this link for our Just Sold Ads instead of Instant Value Page https://www.ronneal.com/in-home-market-evaluation.php

Coming Soon Thoroughly Updated Family Home with Suite Ask how our Coming Soon Program can optimize your outcome, generate interest in advance and get the jump on the market as we come out the other side of the Pandemic ... Full details available at www.10349PatriciaPlace.com Contact us for more details at 778-655-2989 or visit ronneal.com #comingsoon #Sidneyspecialist

BCREA Nowcast (January 4, 2021) The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for October is -0.5 per cent. For comparison, output in the Canadian economy was 3.5 per cent lower year-over-year in October. We have also included a preliminary estimate for November 2020 of +0.7 per cent, the first month of estimated positive year-over-year growth since February. Click here for the full article: https://www.ronneal.com/b.../bcrea-nowcast-january-4-2021.html #MarketUpdate #BCREA

Just Listed Updated Family Home with Suite Potential Full details available at www.2807IrmaStreet.com... Learn more about The Neal Estate Team’s leading-edge innovative marketing and get us to work for you Contact us for more details at 778-655-2989 or visit ronneal.com #justlisted #NewListing #Victoriaspecialist

Take a 3D virtual tour: https://my.matterport.com/show/?m=yE39EQqezR4 Oak Bay Character Home with Suite Potential #yyjhomes #matterport #homeviewing #Victoriaspecialist

Let’s welcome 2021 with more love, light, and happiness! #HappyNewYear to everyone. From The Neal Estate Team Family! Happy New Year! Have a great year ahead! #newyearseve #newyear #newyears #BC #party #Victoria #newyearsresolution #dec #jan #Canada #newyearsday #remax #hello #newyearscelebration #celebration #celebrate #newyearsparty #goals #love #fun #donewith #fireworks #christmas #newyearseveparty #photography #newyearnewme #happy #holidayspirit #bhfyp

Visit our 24/7 Video Open House Bright Corner Condo Full details available at www.310-649BayStreet.com... #videoopenhouse #homeviewing #Downtownspecialist #Victoriaspecialist

Take a 3D virtual tour: https://my.matterport.com/show/?m=KMFpwk13HtW Updated Family Home with Suite Potential Full details available at www.2807IrmaStreet.com... Contact us for more details at 778-655-2989 or visit ronneal.com #yyjhomes #matterport #homeviewing #Victoriaspecialist

We are hiring in Greater Victoria and Cowichan Valley! https://www.ronneal.com/join-the-neal-estate-team.php

Visit our 24/7 Video Open House Open Concept Condo with Views of the Inner Harbour Full details available at www.209-70SaghalieRoad.com... #videoopenhouse #homeviewing #Victoriaspecialist 16m

Just Listed Executive Townhome in a Desirable Location Full details available at www.5-4570WestSaanichRd.com... Learn more about The Neal Estate Team’s leading-edge innovative marketing and get us to work for you Please contact us at 250.386.8181 or visit ronneal.com #justlisted #NewListing #Victoriaspecialist

Bank of Canada Interest Rate Announcement The Bank of Canada held its overnight rate at 0.25 per cent this morning, a level it considers its effective lower bound. The Bank is also continuing its quantitative easing (QE) program, though re-calibrated to target longer-term bonds and slightly scaled back from purchasing $5 billion per week in Government of Canada bonds to $4 billion per week. Click here for the full article: https://www.ronneal.com//bank-of-canada-interest-rat...e-anno #MarketUpdate #BCREA

Canadian Monthly Real GDP (Oct) - December 23, 2020 Canadian real GDP grew by 0.4% in October, following a 0.8% increase in September. This is the weakest rate of growth since May but marks the sixth consecutive monthly increase in GDP since the steepest drop in Canadian history was observed earlier this year. Click here for the full article: https://www.ronneal.com//canadian-monthly-real-gdp-oct-dec... #MarketUpdate #BCREA

COVID-19 Reopening Dashboard - Oct 28, 2020 The BCREA Economics team has created the COVID-19 Reopening Dashboard to help REALTORS monitor the evolution of the economy as BC navigates the recovery. This dashboard focuses on the sectors and activities that have been most significantly impacted by the pandemic and the province’s subsequent state of emergency. Click here: https://www.ronneal.com//covid-19-reopening-dashboard-oct-... #MarketUpdate #BCREA

Visit our 24/7 Video Open House Revenue Acreage Estate Full details available at www.4770TalonRidgePlace.com... #videoopenhouse #homeviewing #Victoriaspecialist

"They have always been very responsive and helpful." says Carol on Google

Just Listed Stunning Renovated Townhome in a Desirable Location Full details available at www.26-2319ChilcoRoad.com... Learn more about The Neal Estate Team’s leading-edge innovative marketing and get us to work for you Please contact us at 778.655.2989 or visit ronneal.com #justlisted #NewListing #ViewRoyalspecialist

Visit our 24/7 Video Open House Stunning Renovated Townhome in a Desirable Location Full details available at 26-2319ChilcoRoad.com... Contact us for more details at 778-655-2989 or visit ronneal.com #videoopenhouse #homeviewing #ViewRoyalSpecialist

"I have used the services of Ron Neal and his team 3 times and have been very pleased each time. I endorse them 100%. I hope that I have moved for the last time but to those of you reading this review, They are awesome!! You get your money's worth." says Lesley on Google

Coming Soon 2 bedrooms in Cook Street Village Ask how our Coming Soon Program can optimize your outcome, generate interest in advance and get the jump on the market as we come out the other side of the Pandemic ... Full details available at www.306-935FairfieldRoad.com #comingsoon #Victoriaspecialist

Merry Christmas from our homes to yours!

Just Listed Revenue Acreage Estate Full details available at www.4770TalonRidgePlace.com... Learn more about The Neal Estate Team’s leading-edge innovative marketing and get us to work for you Please contact us at 250.386.8181 or visit ronneal.com #justlisted #NewListing #Victoriaspecialist

Sold Fast! Yours next? Details at www.1704-1020ViewStreet.com Find your home value now at ronneal.com/cma Your home guaranteed sold in 30 days, or we will sell it for free!... Contact us for more details at 778-655-2989 or visit ronneal.com #soldfast #happyclients #Victoriaspecialist Please use this link for our Just Sold Ads instead of Instant Value Page https://www.ronneal.com/in-home-market-evaluation.php

Take a 3D virtual tour: https://my.matterport.com/show/?m=AnhV3p7FaJ6 Executive Townhome in a Desirable Location #yyjhomes #matterport #homeviewing #Victoriaspecialist

Take a 3D virtual tour: https://my.matterport.com/show/?m=dq6k3rfuh8K Top floor corner unit w/ city views! #yyjhomes #matterport #homeviewing #Saanichspecialist

Live to Give! Proud supporters of our community. We hope this makes some Christmas's a little Merrier.

It's time to pay it forward! We are giving away 20 x $250 Thrifty's Gift Cards https://www.ronneal.com/blog/time-to-pay-it-forward.html

Canadian Housing Starts (Nov) - December 15, 2020 Canadian housing starts increased by 14% m/m to 246,033 units in November at a seasonally adjusted annual rate (SAAR), following an increase in the previous month. Housing starts increased in 9 of 10 provinces with the strongest gains in BC and the Atlantic. Click here for the full article: https://www.ronneal.com//canadian-housing-starts-nov-decem... #MarketUpdate #BCREA

Visit our 24/7 Video Open House TRANS Canada HWY 23.49 prim acres flat land Full details available at www.Lot3TransCanadaHighway.com... Contact us for more details at 778-655-2989 or visit ronneal.com #videoopenhouse #homeviewing #Duncanspecialist #Chemainusspecialist

Sold Fast! Yours next? Details at www.10349PatriciaPlace.com Find your home value now at ronneal.com/cma Your home guaranteed sold in 30 days, or we will sell it for free!... Contact us for more details at 778-655-2989 or visit ronneal.com #soldfast #happyclients #Sidneyspecialist Please use this link for our Just Sold Ads instead of Instant Value Page https://www.ronneal.com/in-home-market-evaluation.php

2174 Stone Gate Take a 3D virtual tour: https://my.matterport.com/show/?m=XCwKrk6D9rQ Five Bedroom Executive Home in Beautiful Resort Community... Full details available at www.2174StoneGate.com Contact us for more details at 778-655-2989 or visit ronneal.com #yyjhomes #matterport #homeviewing #Victoriaspecialist

Re-Listed TRANS Canada HWY 23.49 prim acres flat land Full details available at www.Lot3TransCanadaHighway.com... Learn more about The Neal Estate Team’s leading-edge innovative marketing and get us to work for you Please contact us at 778.655.2989 or visit ronneal.com #justlisted #NewListing #Duncanspecialist #Chemainusspecialist

Season for Gratitude and Giving. We are filled with gratitude and giving back 20 x $250 gift cards to people in need.

'Tis the season of gratitude and giving. Time to pay it forward! We are nearing the end of a year that has been challenging for many and surprisingly abundant for others. We feel blessed and filled with gratitude for our abundance. We are especially grateful for our relationships, the support of family, friends, colleagues, clients, and our community. In the spirit of giving back, we look for opportunities to give back to those who need a hand. Because no one should go with...out for Christmas, we have continued our yearly donation of 100 Turkeys to the Mustard Seed Food Bank, we have also funded and will serve over 600 Christmas meals at Our Place. We funded our annual Christmas in July for Our Place too. Together with our office, RE/MAX Alliance, we are once again participating in the Festival of Trees (check out the trees and Vote for your favorite at The Bay Centre) with all proceeds (as well as a donation from every home we sell all year every year) to BC Children’s Hospital. We have also again donated $10,000 to Santa’s Anonymous to fund four hundred, $25 toys for children. Finally, in lieu of our Annual Client Appreciation Skate with Santa or a Night at the IMAX, this Christmas we would like to invite you to gift an individual or family in need, one of twenty, $250 gift cards courtesy of our team. Please contact us if you know someone who needs help this year and would like to pass along our gift. Please LIKE, SHARE, COMMENT and let us know if there's someone you would like to give one of our gifts.

December 2020 Market Report and Holiday Message of Gratitude and Giving http://t.e2ma.net/webview//95624c662fcf9ea9a3cd36d6e04f54ea

Bank of Canada Interest Rate Announcement - December 9, 2020 The Bank of Canada maintained its overnight rate at 0.25 per cent this morning, a level it considers its effective lower bound. The Bank is also continuing its quantitative easing (QE) program, purchasing at least $4 billion of Government of Canada bonds per week and re-affirmed its forward guidance on future interests moves, committing to holding the policy rate at 0.25 per cent until slack in the economy is absorb...ed and inflation is sustainably trending at 2 per cent. Click here for the full article: https://www.ronneal.com//bank-of-canada-interest-rate-anno #MarketUpdate #BCREA

Canadian Housing Market Outlook (2021) December 1st, 2020 Canadians on the move: Not an exodus, but the re-location trend across Canadian housing market is real... RE/MAX Canada expects average residential prices to rise 4% to 6% in 2021 35% of RE/MAX brokers indicate that move-over buyers from other cities and provinces will continue to spark market activity in 2021 45% of RE/MAX brokers indicate that move-up buyers will likely be a primary driver of the housing market demand in 2021 Half of Canadians (53%) are confident that Canada’s housing markets will remain steady in 2021 52% of Canadians believe real estate will remain one of the best investment options in 2021 RE/MAX Canada is anticipating healthy housing price growth in 2021, with move-up and move-over buyers continuing to drive activity in many regions across the Canadian housing market. An ongoing housing supply shortage is likely to continue, presenting challenges for homebuyers and putting upward pressure on prices. Due to these factors, the 2021 RE/MAX Housing Market Outlook Report estimates a four to six per cent increase in the average residential sales price nation-wide.

Vancouver architect creates other-worldly home designs for B.C.’s coastline (PHOTOS)

Visit our 24/7 Video Open House Five Bedroom Executive Home in Beautiful Resort Community Full details available at www.2174StoneGate.com... Contact us for more details at 778-655-2989 or visit ronneal.com #videoopenhouse #homeviewing #Victoriaspecialist

310 - 649 Bay Street Take a 3D virtual tour: https://my.matterport.com/show/?m=r7dX3NkhCN6 Bright Corner Condo... Full details available at www.310-649BayStreet.com Contact us for more details at 778-655-2989 or visit ronneal.com #yyjhomes #matterport #homeviewing #Downtownspecialist #Victoriaspecialist

Congrats Monika!

Visit our 24/7 Video Open House Executive Rancher in Hanington Creek Estates Full details available at www.2006DugganPlace.com... Contact us for more details at 778-655-2989 or visit ronneal.com #videoopenhouse #homeviewing #Highlandsspecialist #BearMountainspecialist

3411 Karger Terrace Take a 3D virtual tour: https://my.matterport.com/show/?m=R7pJxQyGqVg Custom Built 4 Level Home on Top of Triangle Mountain... Full details available at www.3411KargerTerrace.com Contact us for more details at 778-655-2989 or visit ronneal.com #yyjhomes #matterport #homeviewing #Victoriaspecialist

Feds update the First-Time Home Buyer Incentive The federal government has announced increases to the First-Time Buyers Incentive in three special markets - Toronto, Vancouver, and Victoria. Since its inception in 2018, the maximum home price to be eligible for the shared equity mortgage program was 4 times household income. As of Spring 2021 this is increasing to up to 4.5 times household income. The buyer’s income threshold is being raised from $120,000 to $150,000. ... These changes mean the maximum home price for eligible first-time buyers in the three markets goes from $505,000 to about $722,000.

Canadian Quarterly Real GDP Q3'2020 - December 1, 2020 Following a record contraction of the Canadian economy in the first half of 2020, the third quarter saw a vigorous rebound in economic growth. Real GDP was up 8.9 per cent in the third quarter, or 40.5 per cent on an annualized basis, bringing the economy back to about 5 per cent of its pre-COVID-19 level. Click here for the full article: https://www.ronneal.com//canadian-real-gdp-growth-q32020.h... #MarketUpdate #BCREA

Another very busy month for Victoria Real Estate!

Commercial Activity Rebounded in Q3 2020 The BCREA Commercial Leading Indicator (CLI) rebounded in the third quarter of 2020 from 122.3 to 136.9, representing the first increase after four consecutive quarterly declines. It was the largest increase in the indicator since the start of the CLI series in 1999, reflecting a recovery from a significant drop in the first half of 2020, due to strict COVID-19 containment measures. Compared to the same time last year, the index was up... by 1.3 percent. Click here for the full article: https://www.ronneal.com//commercial-leading-indicator-nove #MarketUpdate #BCREA

10349 Patricia Place Take a 3D virtual tour: https://my.matterport.com/show/?m=V9S4Q6H96gR Thoroughly Updated Family Home with Suite... Full details available at www.10349PatriciaPlace.com Contact us for more details at 778-655-2989 or visit ronneal.com #yyjhomes #matterport #homeviewing #Sidneyspecialist

Just Listed Bright Corner Condo Full details available at www.310-649BayStreet.com... Learn more about The Neal Estate Team’s leading-edge innovative marketing and get us to work for you Contact us for more details at 778-655-2989 or visit ronneal.com #justlisted #NewListing #Downtownspecialist #Victoriaspecialist

4770 Talon Ridge Pl Take a 3D virtual tour (Main House): https://my.matterport.com/show/?m=J6dafKxxvQz (Suite): https://my.matterport.com/show/?m=1ex2TLhtFMy... (Lower Suite): https://my.matterport.com/show/?m=NHCpzBZX5We (Guest House): https://my.matterport.com/show/?m=S6584kzMETC Revenue Acreage Estate Full details available at www.4770TalonRidgePlace.com Contact us for more details at 778-655-2989 or visit ronneal.com #yyjhomes #matterport #homeviewing #Victoriaspecialist

COVID-19 Reopening Dashboard - Nov 25, 2020 The BCREA Economics team has created the COVID-19 Reopening Dashboard to help REALTORS monitor the evolution of the economy as BC navigates the recovery. This dashboard focuses on the sectors and activities that have been most significantly impacted by the pandemic and the province’s subsequent state of emergency. Click here for the full article: https://www.ronneal.com//covid-19-reopening-dashboard-nov-... #MarketUpdate #BCREA

Take a 3D virtual tour: https://my.matterport.com/show/?m=AnhV3p7FaJ6 Updated Family Home with Suite Potential Full details available at 5-4570WestSaanichRd.com... Contact us for more details at 778-655-2989 or visit ronneal.com #yyjhomes #matterport #homeviewing #Victoriaspecialist

Just Listed Thoroughly Updated Family Home with Suite Full details available at www.10349PatriciaPlace.com... Learn more about The Neal Estate Team’s leading-edge innovative marketing and get us to work for you Contact us for more details at 778-655-2989 or visit ronneal.com #justlisted #NewListing #Sidneyspecialist

Canadian Retail Sales (Sept) - November 20, 2020 Retail sales rose for the fifth consecutive month in September by 1.1% on a seasonally-adjusted basis, which is higher than Statistic Canada's preliminary estimate of no change. Sales were up in 9 of 11 subsectors, representing 93.2% of retail sales. Click here for the full article: https://www.ronneal.com//canadian-retail-sales-sept-novemb... #MarketUpdate #BCREA

Canadian Inflation (Oct) - November 18, 2020 Canadian inflation, as measured by the Consumer Price Index (CPI) rose by 0.7% in October year-over-year, up from the previous month's increase of 0.5%. Excluding gasoline, the CPI rose by 1.1%. Prices rose in five of eight components year-over-year in October, with food contributing the most to the increase due to rising prices for lettuce as a result of disease and inclement weather. Click here for the full article: https://www....ronneal.com//canadian-inflation-oct-november-1 #MarketUpdate #BCREA

Canadian Housing Starts (Oct) - November 17, 2020 Canadian housing starts increased by 3% m/m to 214,875 units in October at a seasonally adjusted annual rate (SAAR), following a decline in September. Housing starts increased in 6 of 10 provinces with strong gains in Manitoba and Alberta. Building activity gained momentum in the single-detached segment, while multi-unit starts declined slightly. October's healthy number increased the six-month moving average to 222,734 units ...SAAR. Click here for the full article: https://www.ronneal.com//canadian-housing-starts-oct-novem #MarketUpdate #BCREA

Housing Market Update (November 2020) Click here for the full article: https://www.ronneal.com//housing-market-update-november-20 #MarketUpdate #BCREA

Coming Soon Updated Family Home with Suite Potential Ask how our Coming Soon Program can optimize your outcome, generate interest in advance and get the jump on the market as we come out the other side of the Pandemic ... Full details available at www.2807IrmaStreet.com #comingsoon #Victoriaspecialist