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Carla Wilson

Buying wave sparks bidding battles for Victoria real estate

Carla Wilson, Times Colonist, March 2, 2016

The Victoria market is seeing some buyers paying $100,000 or more above asking prices for single-family houses in desirable neighbourhoods.

Multiple offers. No conditions. Buyers cashing out in Vancouver to live here. Purchasers from China. These are all commonplace as the capital region’s already-hot housing market flares up and inventory tightens.

In February, the total number of sales reached 772,

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