The May 2012 real estate market in Greater Victoria saw an increase in residential home sales over the previous month. There was a spike of 71 more home sales in May compared to April. The average price of single family homes increased from $609,376 in April to $622,387 in May. Total home sales, including residential, condos, and townhouses, increased from 586 in April to 659 in May, showing increased consumer confidence and activity in the local real estate market.

1. FOR IMMEDIATE RELEASE
June 1, 2012
MAY 2012 REAL ESTATE MARKET IS PICKING UP IN GREATER VICTORIA
VICTORIA, BC–Consumers are showing confidence in the Greater Victoria real estate market, evidenced
by a spike of 71 residential sales in May 2012 over the previous month. “During the last two or three
months, we’ve seen many potential buyers out looking,” says Carol Crabb, President of the Victoria Real
Estate Board. “During May, they made their decisions. This shows there is good selection on the market,
as well as good value.”
The average price for single family homes sold in Greater Victoria last month was $622,387, a jump over
April’s average of $609,376. Excluding previous months’ sales of over $4 million, the median has
returned to $534,250.
“Last month we told you that homebuyers were researching their purchases by working with home
inspectors, mortgage professionals and REALTORS®,” Crabb says. “Now they are moving forward, which
is often reflected in a spring market, even though it’s not feeling very spring‐like.”
Total MLS® sales for May 2012 were 659, with 636 of those residential, compared to 572 and 544
respectively for the same period in 2011, and 586 and 565 last month. We ended May 2012 with 5,015
active listings.
Total waterfront Single Family Dwellings sold: 15, down 3 sales over May 2011
Total non‐waterfront Single Family Dwellings sold: 373, up 38 sales over May 2011
Single Family Dwellings sold over $1 million: 24 (3 over $2 million)
STATS QUICK REFERENCE
April 2012, MLS® Real Estate Sales and Average Prices, Greater Victoria
2012 ‐ May 2012 ‐ April 2011 ‐ May
No of Average Median No of Average Median No of Average Median
Sales Price Price Sales Price Price Sales Price Price
Single Family 363 $622,387 $534,250 294 $609,376 $560,000 323 $628,462 $553,000
Greater
Victoria
Single Family 25 $560,960 $510,000 22 $677,100 $462,500 30 $561,023 $495,450
Other Areas
Total Single 388 $618,429 $533,000 316 $614,091 $554,000 323 $628,462 $553,000
Family All Areas
Condos 167 $312,671 $275,000 171 $327,975 $277,000 123 $328,345 $294,000
Townhomes 69 $409,433 $389,900 62 $428,237 $416,250 51 466,845 $432,332
Manufactured 12 $126,850 $109,350 16 $125,500 $116,000 17 $107,318 $89,000
Homes
TOTAL 636 565 544
RESIDENTIAL
TOTAL 659 586 572
MONTHLY
SALES
TOTAL ACTIVE 5,015 4,638 4,857
LISTINGS

2. ‐ 2 ‐
Number of Sales (Gr. y) May 2012 COMPARE
. Victoria only ED TO APRIL 2
2012
SINGLE FAMILY CONDOS
S TO
OWNHOMES
363 166 69
+ 23.47%
‐ 1.78% + 13.11%
Six‐Mont
th Average P
Price (Gr. Vic ctoria only) M May 2012 COMPARE ED TO APRIL 2
2012
SINGLE FAMILY CONDOS
S TOWNHOMES
S
$608,6822 $319,59 90 $409,481
+ 1.08% ‐ 0.40%
% + 0.77%
Number of Sales (All Areas) May 2
2012 COMPARE
ED TO APRIL 2
2012
SINGLE FAMILY CONDOS
S TOWNHOMES
S
388 167 69
+ 22.78%
‐ 2.34%
% + 11.29%
Six‐Mont
th Average P
Price (All Are eas) May 2012 2 COMPAR RED TO APRIL L 2012
SINGLE FAMILY CONDOS
S TOWNHOMES
S
$602,7555 $318,54 44 $406,954
+ 1.20% ‐ 0.49%
% + 1.12%
While the use of averagee price informaation can be usseful in establis
shing trends when applied ovver a period of
f
six months or longer, the Vict
time, e.g. s toria Real Estate Board cautions that an avverage price do
oes not indicate
e the
actual valu
ue of any partic
cular property.. Those requiring specific info
ormation on prroperty values should contacct a
REALTOR®.
‐ 30 ‐
mation:
For inform
Maggie Kerrr‐Southin APR
Manager, Communications
Victoria Rea
al Estate Board
Direct Phone: 250.920.4652 2; Cell: 250.516.5
5596
Email: mkerrrsouthin@vreb. .org

3. Monthly Sales Summary May 2012
Friday, June 1, 2012
Region Units Total Volume Average 6 Month Median
District Price Average Price
Residential
l Single Family
Greater Victoria
Victoria 37 $22,959,000 $620,514 $614,412 $580,000
Victoria West 3 $1,505,750 $501,917 $480,589 $444,000
Oak Bay 31 $26,748,150 $862,844 $874,679 $715,000
Esquimalt 9 $3,877,213 $430,801 $462,273 $415,000
View Royal 17 $9,292,000 $546,588 $552,290 $533,000
Saanich East 66 $43,727,475 $662,538 $648,135 $595,500
Saanich West 32 $18,445,566 $576,424 $581,938 $484,900
Central Saanich 12 $6,273,000 $522,750 $570,526 $513,500
North Saanich 16 $11,315,850 $707,241 $692,203 $689,500
Sidney 13 $5,891,500 $453,192 $474,696 $446,000
Highlands 4 $2,476,000 $619,000 $685,677 $597,000
Colwood 31 $15,392,988 $496,548 $491,021 $462,000
Langford 56 $28,245,934 $504,392 $496,146 $459,900
Metchosin 5 $2,574,900 $514,980 $604,016 $529,900
Sooke 18 $7,126,300 $395,906 $388,095 $397,500
Waterfront (all districts) 13 $20,075,000 $1,544,231 $1,325,054 $1,375,000
Total Greater Victoria 363 $225,926,626 $622,387 $608,682 $534,250
Other Areas
Shawnigan Lake / Malahat 1 $434,000 $434,000 $348,889 $434,000
Gulf Islands 19 $9,901,000 $521,105 $466,932 $437,000
UpIsland / Mainland 3 $1,516,500 $505,500 $486,316 $530,000
Waterfront (all districts) 2 $2,172,500 $1,086,250 $948,743 $1,086,250
Total Other Areas 25 $14,024,000 $560,960 $528,952 $510,000
Total Single Family 388 $239,950,626 $618,429 $602,755 $533,000
l Condominium
Greater Victoria
Victoria 51 $14,453,141 $283,395 $300,945 $246,900
Victoria West 9 $4,109,813 $456,646 $467,408 $450,000
Oak Bay 10 $4,094,450 $409,445 $359,962 $426,250
Esquimalt 6 $1,569,285 $261,548 $267,415 $257,000
View Royal 3 $833,000 $277,667 $278,665 $285,000
Saanich East 25 $7,416,200 $296,648 $268,201 $263,000
Saanich West 10 $2,622,000 $262,200 $277,860 $252,000
Central Saanich 1 $273,000 $273,000 $281,667 $273,000
Sidney 13 $4,358,300 $335,254 $305,555 $315,000
Colwood 3 $728,000 $242,667 $295,083 $246,500
Langford 23 $6,875,200 $298,922 $277,283 $299,900
Waterfront (all districts) 12 $4,855,000 $404,583 $508,748 $249,500
Total Greater Victoria 166 $52,187,389 $314,382 $319,590 $275,000
Other Areas
UpIsland / Mainland 1 $28,750 $28,750 $207,750 $28,750
Total Other Areas 1 $28,750 $28,750 $148,550 $28,750
Total Condominium 167 $52,216,139 $312,671 $318,544 $275,000
1
Victoria Real Estate Board Multiple Listing Service ®

4. Monthly Sales Summary May 2012
Friday, June 1, 2012
Region Units Total Volume Average 6 Month Median
District Price Average Price
l Townhouse
Greater Victoria
Victoria 12 $5,498,400 $458,200 $450,849 $448,200
Victoria West 1 $400,000 $400,000 $380,400 $400,000
Esquimalt 3 $1,146,900 $382,300 $359,593 $389,900
View Royal 3 $1,294,800 $431,600 $438,752 $449,900
Saanich East 4 $1,649,250 $412,313 $447,802 $385,500
Saanich West 11 $4,550,550 $413,686 $412,000 $390,000
Central Saanich 4 $1,667,500 $416,875 $373,245 $396,500
North Saanich 1 $484,000 $484,000 $482,933 $484,000
Sidney 11 $4,418,000 $401,636 $388,531 $399,000
Colwood 2 $563,000 $281,500 $368,060 $281,500
Langford 10 $3,184,600 $318,460 $346,622 $331,450
Sooke 3 $826,900 $275,633 $290,117 $263,000
Waterfront (all districts) 4 $2,567,000 $641,750 $626,915 $638,500
Total Greater Victoria 69 $28,250,900 $409,433 $409,481 $389,900
Total Townhouse 69 $28,250,900 $409,433 $406,954 $389,900
l Manufactured Homes
Greater Victoria
View Royal 1 $225,000 $225,000 $139,655 $225,000
Central Saanich 4 $448,200 $112,050 $144,195 $109,350
Sidney 1 $230,500 $230,500 $215,862 $230,500
Langford 2 $152,500 $76,250 $89,275 $76,250
Sooke 1 $100,000 $100,000 $74,545 $100,000
Total Greater Victoria 9 $1,156,200 $128,467 $126,912 $106,200
Other Areas
Shawnigan Lake / Malahat 1 $18,000 $18,000 $30,167 $18,000
Gulf Islands 2 $348,000 $174,000 $189,800 $174,000
Total Other Areas 3 $366,000 $122,000 $117,000 $163,000
Total Manufactured Homes 12 $1,522,200 $126,850 $125,723 $109,350
Total Residential 636 $321,939,865
2
Victoria Real Estate Board Multiple Listing Service ®

5. Monthly Sales Summary May 2012
Friday, June 1, 2012
Region Units Total Volume Average 6 Month Median
District Price Average Price
Other Property
l Lots & Acreage (Incl Wtrfrnt)
Greater Victoria
View Royal 2 $1,037,450 $518,725 $452,346 $518,725
North Saanich 1 $799,000 $799,000 $554,667 $799,000
Langford 3 $590,000 $196,667 $207,945 $185,000
Sooke 3 $409,900 $136,633 $151,580 $120,000
Total Greater Victoria 9 $2,836,350 $315,150 $380,487 $185,000
Other Areas
Shawnigan Lake / Malahat 1 $250,000 $250,000 $201,000 $250,000
Gulf Islands 2 $270,500 $135,250 $351,250 $135,250
UpIsland / Mainland 4 $1,085,952 $271,488 $282,659 $335,888
Total Other Areas 7 $1,606,452 $229,493 $309,075 $250,000
Total Lots & Acreage (Incl Wtrfrnt) 16 $4,442,802 $277,675 $356,374 $217,500
l Commercial Land 1 $850,000 $850,000
l Other Commercial Properties 6 $2,147,047 $357,841
Grand Totals 659 $329,379,714
3
Victoria Real Estate Board Multiple Listing Service ®

6. $250,000
$275,000
$300 000
$300,000
$325,000
$350,000
$375,000
$400,000
$325,000
$350,000
$375,000
$400,000
$425,000
$450,000
$475,000
$500,000
$500,000
$525,000
$550,000
$575,000
$600,000
$625,000
$650,000
$675,000
May 2010 May 2010 May 2010
Jun 2010 Jun 2010 Jun 2010
Friday, June 01, 2012
Jul 2010 Jul 2010 Jul 2010
Aug 2010 Aug 2010 Aug 2010
Sep 2010 Sep 2010 Sep 2010
Average Selling Prices
Oct 2010 Oct 2010 Oct 2010
Nov 2010 Nov 2010 Nov 2010
Dec 2010 Dec 2010 Dec 2010
Jan 2011 Jan 2011 Jan 2011
Feb 2011 Feb 2011 Feb 2011
Mar 2011 Mar 2011 Mar 2011
Apr 2011 Apr 2011 Apr 2011
May 2011 May 2011 May 2011
Jun 2011 Jun 2011 Jun 2011
Jul 2011 Jul 2011
Townhomes (All Areas)
Jul 2011
Condominiums (All Areas)
Aug 2011 Aug 2011
Victoria Real Estate Board Multiple Listing Service ®
Aug 2011
Sep 2011 Sep 2011 Sep 2011
Single Family Homes (Greater Victoria Only)
Oct 2011 Oct 2011 Oct 2011
Nov 2011 Nov 2011 Nov 2011
Dec 2011 Dec 2011
Dec 2011
Jan 2012 Jan 2012 Jan 2012
Feb 2012 Feb 2012
Feb 2012
Mar 2012 Mar 2012
Mar 2012
Apr 2012 Apr 2012
Apr 2012
May 2012 May 2012
May 2012
May 2012

7. 200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,500
2,700
2,900
3,100
3,300
3,500
3,700
3,900
4,100
4,300
4,500
4,700
4,900
5,100
May 2010 May 2010
Jun 2010 Jun 2010
Jul 2010 Jul 2010
Friday, June 01, 2012
Aug 2010 Aug 2010
Sep 2010 Sep 2010
Oct 2010 Oct 2010
Nov 2010 Nov 2010
Dec 2010 Dec 2010
Jan 2011 Jan 2011
Feb 2011 Feb 2011
Mar 2011 Mar 2011
Listings
Apr 2011 Apr 2011
Active Listings, New Listings and Sales
May 2011 May 2011
Jun 2011 Jun 2011
Sales
Jul 2011 Jul 2011
Aug 2011 Aug 2011
Total Active MLS® Listings
Victoria Real Estate Board Multiple Listing Service ®
Sep 2011 Sep 2011
Oct 2011 Oct 2011
Total New MLS® Listings and Total MLS® Sales
Nov 2011 Nov 2011
Dec 2011 Dec 2011
Jan 2012 Jan 2012
Feb 2012 Feb 2012
Mar 2012 Mar 2012
Apr 2012 Apr 2012
May 2012 May 2012
May 2012

8. Monthly Comparative Activity By Property Type May 2012
Friday, June 01, 2012
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Single Family - Residential
Units Listed 704 622 13 % 2931 2825 4 %
Units Sold 330 291 13 % 1267 1230 3 %
Sell/List Ratio 47 % 47 % 43 % 44 %
Sales Dollars $192,272,626 $171,469,462 12 % $725,313,954 $719,199,982 1 %
Average Price / Unit $582,644 $589,242 -1 % $572,466 $584,715 -2 %
Price Ratio 98 % 98 % 98 % 98 %
Days To Sell 48 53 -9 % 57 53 7 %
Active Listings at Month End 1637 1478 11 %
Single Family - Residential Waterfront
Units Listed 73 68 7 % 269 290 -7 %
Units Sold 15 18 -17 % 52 65 -20 %
Sell/List Ratio 21 % 26 % 19 % 22 %
Sales Dollars $22,247,500 $21,025,888 6 % $65,851,626 $69,839,081 -6 %
Average Price / Unit $1,483,167 $1,168,105 27 % $1,266,377 $1,074,447 18 %
Price Ratio 93 % 94 % 94 % 93 %
Days To Sell 104 93 12 % 95 104 -8 %
Active Listings at Month End 312 304 3 %
Single Family - Residential Acreage
Units Listed 108 94 15 % 396 380 4 %
Units Sold 22 25 -12 % 100 104 -4 %
Sell/List Ratio 20 % 27 % 25 % 27 %
Sales Dollars $16,570,900 $18,862,655 -12 % $77,911,925 $69,542,317 12 %
Average Price / Unit $753,223 $754,506 0 % $779,119 $668,676 17 %
Price Ratio 96 % 96 % 95 % 96 %
Days To Sell 143 51 178 % 127 87 46 %
Active Listings at Month End 362 358 1 %
Condominium
Units Listed 473 344 38 % 1780 1796 -1 %
Units Sold 167 123 36 % 728 672 8 %
Sell/List Ratio 35 % 36 % 41 % 37 %
Sales Dollars $52,216,139 $40,386,495 29 % $232,476,261 $222,992,078 4 %
Average Price / Unit $312,671 $328,345 -5 % $319,336 $331,833 -4 %
Price Ratio 97 % 98 % 97 % 97 %
Days To Sell 62 55 13 % 68 57 20 %
Active Listings at Month End 1103 1121 -2 %
Victoria Real Estate Board Multiple Listing Service ® 1

9. Monthly Comparative Activity By Property Type May 2012
Friday, June 01, 2012
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Townhouse
Units Listed 138 165 -16 % 622 737 -16 %
Units Sold 69 51 35 % 301 276 9 %
Sell/List Ratio 50 % 31 % 48 % 37 %
Sales Dollars $28,250,900 $23,809,107 19 % $123,204,758 $123,677,046 0 %
Average Price / Unit $409,433 $466,845 -12 % $409,318 $448,105 -9 %
Price Ratio 98 % 98 % 98 % 98 %
Days To Sell 78 47 66 % 72 57 25 %
Active Listings at Month End 406 463 -12 %
Strata Duplex (Up and Down)
Units Listed 1 1 0 % 6 6 0 %
Units Sold 0 0 % 1 3 -67 %
Sell/List Ratio 0 % 0 % 17 % 50 %
Sales Dollars $0 $0 % $235,000 $1,421,000 -83 %
Average Price / Unit % $235,000 $473,667 -50 %
Price Ratio % % 94 % 101 %
Days To Sell % 58 28 107 %
Active Listings at Month End 2 3 -33 %
Strata Duplex (Side by Side)
Units Listed 21 23 -9 % 81 79 3 %
Units Sold 16 10 60 % 46 34 35 %
Sell/List Ratio 76 % 43 % 57 % 43 %
Sales Dollars $6,365,100 $4,087,400 56 % $19,423,100 $14,485,700 34 %
Average Price / Unit $397,819 $408,740 -3 % $422,241 $426,050 -1 %
Price Ratio 97 % 98 % 97 % 97 %
Days To Sell 52 56 -7 % 56 47 21 %
Active Listings at Month End 35 45 -22 %
Strata Duplex (Front and Back)
Units Listed 8 5 60 % 25 32 -22 %
Units Sold 3 4 -25 % 9 16 -44 %
Sell/List Ratio 38 % 80 % 36 % 50 %
Sales Dollars $1,159,500 $1,796,000 -35 % $3,372,500 $7,220,900 -53 %
Average Price / Unit $386,500 $449,000 -14 % $374,722 $451,306 -17 %
Price Ratio 97 % 97 % 97 % 98 %
Days To Sell 63 39 63 % 49 44 11 %
Active Listings at Month End 15 15 0 %
Victoria Real Estate Board Multiple Listing Service ® 2

10. Monthly Comparative Activity By Property Type May 2012
Friday, June 01, 2012
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Recreational
Units Listed 6 7 -14 % 18 17 6 %
Units Sold 0 1 -100 % 1 1 0 %
Sell/List Ratio 0 % 14 % 6 % 6 %
Sales Dollars $0 $37,500 -100 % $1,175,000 $37,500 3033 %
Average Price / Unit $37,500 % $1,175,000 $37,500 3033 %
Price Ratio % 75 % 118 % 75 %
Days To Sell 28 % 58 28 107 %
Active Listings at Month End 19 19 0 %
Manufactured Home
Units Listed 47 35 34 % 163 165 -1 %
Units Sold 12 17 -29 % 64 66 -3 %
Sell/List Ratio 26 % 49 % 39 % 40 %
Sales Dollars $1,522,200 $1,824,400 -17 % $7,915,200 $8,483,100 -7 %
Average Price / Unit $126,850 $107,318 18 % $123,675 $128,532 -4 %
Price Ratio 93 % 95 % 94 % 93 %
Days To Sell 104 97 6 % 85 87 -2 %
Active Listings at Month End 140 126 11 %
Residential Lots
Units Listed 32 37 -14 % 143 188 -24 %
Units Sold 7 10 -30 % 34 37 -8 %
Sell/List Ratio 22 % 27 % 24 % 20 %
Sales Dollars $1,224,638 $2,162,400 -43 % $8,280,938 $13,293,180 -38 %
Average Price / Unit $174,948 $216,240 -19 % $243,557 $359,275 -32 %
Price Ratio 97 % 96 % 95 % 97 %
Days To Sell 135 57 137 % 114 92 24 %
Active Listings at Month End 222 233 -5 %
Residential Lots - Waterfront
Units Listed 16 8 100 % 41 46 -11 %
Units Sold 5 2 150 % 7 4 75 %
Sell/List Ratio 31 % 25 % 17 % 9 %
Sales Dollars $1,997,664 $925,000 116 % $4,312,664 $2,337,000 85 %
Average Price / Unit $399,533 $462,500 -14 % $616,095 $584,250 5 %
Price Ratio 95 % 93 % 94 % 88 %
Days To Sell 84 83 1 % 105 95 10 %
Active Listings at Month End 49 51 -4 %
Victoria Real Estate Board Multiple Listing Service ® 3

11. Monthly Comparative Activity By Property Type May 2012
Friday, June 01, 2012
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Residential Acreage
Units Listed 26 40 -35 % 111 124 -10 %
Units Sold 4 3 33 % 20 25 -20 %
Sell/List Ratio 15 % 8 % 18 % 20 %
Sales Dollars $1,220,500 $872,500 40 % $8,100,782 $15,540,500 -48 %
Average Price / Unit $305,125 $290,833 5 % $405,039 $621,620 -35 %
Price Ratio 85 % 91 % 92 % 83 %
Days To Sell 513 137 274 % 247 228 9 %
Active Listings at Month End 200 201 0 %
Residential Acreage - Waterfront
Units Listed 9 8 13 % 47 48 -2 %
Units Sold 0 2 -100 % 5 6 -17 %
Sell/List Ratio 0 % 25 % 11 % 13 %
Sales Dollars $0 $1,185,000 -100 % $2,956,000 $4,806,000 -38 %
Average Price / Unit $592,500 % $591,200 $801,000 -26 %
Price Ratio % 93 % 96 % 85 %
Days To Sell 166 % 235 198 19 %
Active Listings at Month End 93 73 27 %
Revenue - Duplex/Triplex
Units Listed 3 6 -50 % 27 18 50 %
Units Sold 2 4 -50 % 9 10 -10 %
Sell/List Ratio 67 % 67 % 33 % 56 %
Sales Dollars $1,335,000 $2,545,000 -48 % $6,222,000 $6,551,500 -5 %
Average Price / Unit $667,500 $636,250 5 % $691,333 $655,150 6 %
Price Ratio 97 % 101 % 98 % 98 %
Days To Sell 22 32 -32 % 74 58 28 %
Active Listings at Month End 15 9 67 %
Revenue - Multi Units
Units Listed 6 4 50 % 14 17 -18 %
Units Sold 0 1 -100 % 1 6 -83 %
Sell/List Ratio 0 % 25 % 7 % 35 %
Sales Dollars $0 $1,470,000 -100 % $800,000 $5,074,000 -84 %
Average Price / Unit $1,470,000 % $800,000 $845,667 -5 %
Price Ratio % 98 % 95 % 104 %
Days To Sell 49 % 6 103 -94 %
Active Listings at Month End 14 13 8 %
Victoria Real Estate Board Multiple Listing Service ® 4

12. Monthly Comparative Activity By Property Type May 2012
Friday, June 01, 2012
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Revenue - Apartment Block
Units Listed 0 1 -100 % 1 2 -50 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio % 0 % 0 % 0 %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 1 2 -50 %
Revenue - Commercial
Units Listed 13 11 18 % 58 37 57 %
Units Sold 2 0 % 7 1 600 %
Sell/List Ratio 15 % 0 % 12 % 3 %
Sales Dollars $2,110,000 $66,000 3097 % $8,078,000 $1,751,100 361 %
Average Price / Unit $1,055,000 % $1,154,000 $1,751,100 -34 %
Price Ratio 97 % 82 % 93 % 83 %
Days To Sell 68 29 134 % 107 101 6 %
Active Listings at Month End 54 47 15 %
Revenue - Industrial
Units Listed 0 0 % 1 0 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio % % 0 % %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 1 0 %
Business with Land & Building
Units Listed 7 6 17 % 58 53 9 %
Units Sold 1 2 -50 % 4 7 -43 %
Sell/List Ratio 14 % 33 % 7 % 13 %
Sales Dollars $10,000 $545,013 -98 % $540,017 $4,445,035 -88 %
Average Price / Unit $10,000 $272,507 -96 % $135,004 $635,005 -79 %
Price Ratio 67 % 99 % 96 % 89 %
Days To Sell 44 282 -84 % 162 179 -10 %
Active Listings at Month End 81 69 17 %
Victoria Real Estate Board Multiple Listing Service ® 5

13. Monthly Comparative Activity By Property Type May 2012
Friday, June 01, 2012
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Business Only
Units Listed 9 7 29 % 58 69 -16 %
Units Sold 1 4 -75 % 15 9 67 %
Sell/List Ratio 11 % 57 % 26 % 13 %
Sales Dollars $27,000 $185,500 -85 % $1,572,000 $876,900 79 %
Average Price / Unit $27,000 $46,375 -42 % $104,800 $97,433 8 %
Price Ratio 90 % 93 % 90 % 91 %
Days To Sell 22 147 -85 % 114 121 -6 %
Active Listings at Month End 67 69 -3 %
Motel/Hotel
Units Listed 1 4 -75 % 3 9 -67 %
Units Sold 1 0 % 2 3 -33 %
Sell/List Ratio 100 % 0 % 67 % 33 %
Sales Dollars $850,000 $0 % $858,000 $3,245,008 -74 %
Average Price / Unit $850,000 % $429,000 $1,081,669 -60 %
Price Ratio 93 % % 93 % 103 %
Days To Sell 170 % 125 194 -36 %
Active Listings at Month End 6 13 -54 %
Lease - Office
Units Listed 13 9 44 % 43 27 59 %
Units Sold 0 2 -100 % 1 5 -80 %
Sell/List Ratio 0 % 22 % 2 % 19 %
Sales Dollars $0 $28 -100 % $12 $61 -81 %
Average Price / Unit $14 % $12 $12 -4 %
Price Ratio % % % %
Days To Sell 163 % 41 144 -72 %
Active Listings at Month End 50 28 79 %
Lease - Retail
Units Listed 10 5 100 % 39 25 56 %
Units Sold 2 0 % 4 6 -33 %
Sell/List Ratio 20 % 0 % 10 % 24 %
Sales Dollars $47 $0 % $72 $106 -32 %
Average Price / Unit $23 % $18 $18 2 %
Price Ratio % % % %
Days To Sell 59 % 61 101 -39 %
Active Listings at Month End 34 29 17 %
Victoria Real Estate Board Multiple Listing Service ® 6

14. Monthly Comparative Activity By Property Type May 2012
Friday, June 01, 2012
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Lease - Warehouse
Units Listed 0 0 % 0 0 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio % % % %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 0 0 %
Lease - Industrial
Units Listed 0 0 % 1 1 0 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio % % 0 % 0 %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 1 2 -50 %
Lease - Other
Units Listed 11 12 -8 % 36 58 -38 %
Units Sold 0 2 -100 % 5 6 -17 %
Sell/List Ratio 0 % 17 % 14 % 10 %
Sales Dollars $0 $38 -100 % $923 $110 735 %
Average Price / Unit $19 % $185 $18 902 %
Price Ratio % % 109 % %
Days To Sell 107 % 102 123 -17 %
Active Listings at Month End 42 53 -21 %
Commercial Land
Units Listed 5 2 150 % 29 16 81 %
Units Sold 0 0 % 1 3 -67 %
Sell/List Ratio 0 % 0 % 3 % 19 %
Sales Dollars $0 $0 % $165,000 $3,010 5381 %
Average Price / Unit % $165,000 $1,003 16344 %
Price Ratio % % 83 % %
Days To Sell % 49 405 -88 %
Active Listings at Month End 54 33 64 %
Victoria Real Estate Board Multiple Listing Service ® 7

15. Monthly Comparative Activity By Property Type May 2012
Friday, June 01, 2012
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Grand Totals
Units Listed 1740 1524 14 % 7001 7065 -1 %
Units Sold 659 572 15 % 2684 2595 3 %
Sell/List Ratio 38 % 38 % 38 % 37 %
Sales Dollars $329,379,714 $293,255,386 12 % $1,298,765,732 $1,294,822,215 0 %
Average Price / Unit $499,817 $512,684 -3 % $483,892 $498,968 -3 %
Price Ratio 97 % 97 % 97 % 97 %
Days To Sell 65 58 11 % 69 63 10 %
Active Listings at Month End 5015 4857 3 %
Victoria Real Estate Board Multiple Listing Service ® 8

16. Reported Sales By Price Range - Single Family May 2012
Friday, June 01, 2012
Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
10,000,000 -
9,000,000 - 9,999,999
8,000,000 - 8,999,999
7,000,000 - 7,999,999
6,000,000 - 6,999,999
5,000,000 - 5,999,999
4,500,000 - 4,999,999 .1 1
4,000,000 - 4,499,999 .1 1
3,500,000 - 3,999,999 -.1 -1
3,000,000 - 3,499,999 .3 .2 1 1 1 1
2,500,000 - 2,999,999 .5 .3 1 1 1 1 2
2,000,000 - 2,499,999 .1 1 1
1,750,000 - 1,999,999 1.8 .7 1 1 2 3 2 3 1 2 1 1 1
1,500,000 - 1,749,999 .5 .7 1 2 5 2 1 1
1,250,000 - 1,499,999 1.5 1.3 2 1 4 1 2 1 4 1 1 1 1 1 1 1 1 1 2
1,000,000 - 1,249,999 2.8 3.0 1 6 2 8 4 15 1 6 1 2 5 1 1 1 1
950,000 - 999,999 .5 .8 2 2 1 1 1 1 2 1 1 1 1
900,000 - 949,999 2.6 1.3 3 5 3 5 1 3 1 1 2 2 2 2
850,000 - 899,999 1.5 2.0 2 3 6 2 2 11 1 1 4 1 1 1
800,000 - 849,999 2.6 2.2 2 10 2 4 2 9 1 1 3 2 2 1 1 1 1 1
750,000 - 799,999 4.1 4.4 2 11 2 9 1 5 23 2 2 3 8 1 1 1 2 1 3 1 1 1 1 1
700,000 - 749,999 4.1 4.0 2 11 3 9 3 3 1 14 1 2 2 1 4 1 1 1 2 3 6 1 4
650,000 - 699,999 6.2 6.9 3 13 3 12 2 3 5 5 22 3 7 1 5 1 10 1 1 1 5 1 6 1 2 1 2 8 2
600,000 - 649,999 7.7 8.7 3 13 3 12 4 5 11 39 2 10 2 2 11 1 2 1 5 3 13 1 4 3 2 4 1 2
550,000 - 599,999 10.8 11.9 5 30 5 12 2 7 2 4 9 51 3 14 2 15 3 7 2 5 2 3 6 5 16 1 1 2 2 3
500,000 - 549,999 10.3 11.6 2 16 1 1 4 3 8 10 42 4 21 4 18 1 3 1 6 2 2 1 5 5 26 1 3 3 6 1 6 1 5
450,000 - 499,999 12.1 11.7 4 27 3 4 11 2 8 7 31 4 15 4 10 2 3 7 9 23 10 24 1 1 6 4 1
400,000 - 449,999 14.2 13.4 7 23 3 19 2 5 5 17 8 28 1 7 4 10 1 8 21 9 38 2 5 17 2 6 1 5
350,000 - 399,999 8.5 7.5 2 6 6 1 3 1 8 3 11 1 1 2 8 2 7 13 28 2 2 3 18 3 8 1 4
300,000 - 349,999 5.4 4.5 2 5 2 5 1 1 2 2 5 1 1 1 1 3 6 3 7 4 13 2 13 8
0 - 299,999 1.8 2.7 1 4 1 1 1 7 2 14 3 10 3
Total Units 388 1485 41 185 31 100 9 64 17 45 69 296 33 130 12 66 19 68 14 41 4 12 31 86 57 180 5 18 21 83 21 76 4 35
Percentages 100 100 10.6 12.5 8.0 6.7 2.3 4.3 4.4 3.0 17.8 19.9 8.5 8.8 3.1 4.4 4.9 4.6 3.6 2.8 1.0 .8 8.0 5.8 14.7 12.1 1.3 1.2 5.4 5.6 5.4 5.1 1.0 2.4
Victoria Real Estate Board Multiple Listing Service ® 1

17. Reported Sales By Price Range - Condominium May 2012
Friday, June 01, 2012
Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
1,000,000 - .6 1.1 5 2 1 1
975,000 - 999,999
950,000 - 974,999
925,000 - 949,999
900,000 - 924,999 .3 2
875,000 - 899,999 .3 1 1
850,000 - 874,999
825,000 - 849,999 .1 1
800,000 - 824,999 .1 1
775,000 - 799,999 .6 .1 1 1
750,000 - 774,999 .6 .4 1 2 1
725,000 - 749,999 .6 .3 1 2
700,000 - 724,999 .4 2 1
675,000 - 699,999 .4 2 1
650,000 - 674,999 .6 .3 1 2
625,000 - 649,999 2.4 1.2 3 8 1 1
600,000 - 624,999 1.2 .8 1 3 1 3
575,000 - 599,999 .6 .7 3 1 1 1
550,000 - 574,999 1.2 .3 1 1 1 1
525,000 - 549,999 .4 2 1
500,000 - 524,999 .6 1.2 1 6 1 2
475,000 - 499,999 3.0 1.6 5 2 3 1 1 1 2 2
450,000 - 474,999 1.8 2.1 2 8 1 3 1 2 1
425,000 - 449,999 1.8 1.9 1 9 1 1 1 1 1 1 1
400,000 - 424,999 3.6 3.4 3 10 2 3 3 1 4 2 2 1
375,000 - 399,999 1.8 2.3 1 8 1 2 1 1 1 3 1 1
350,000 - 374,999 4.2 4.1 4 15 1 1 1 1 1 3 1 2 5 2
325,000 - 349,999 4.2 6.2 3 24 1 3 1 6 1 2 1 1 4 1 4
300,000 - 324,999 7.8 7.1 2 19 1 1 1 5 1 11 2 1 1 1 2 7 10
275,000 - 299,999 14.4 13.6 7 36 1 7 1 5 5 10 3 8 2 6 2 5 25
250,000 - 274,999 9.0 11.0 6 35 1 5 2 5 12 5 1 4 6 1 2 2 8
225,000 - 249,999 14.4 13.2 8 41 1 3 2 5 1 6 4 10 2 3 2 3 6 1 3 2 17
200,000 - 224,999 12.6 11.3 8 35 3 8 4 1 9 2 7 1 3 7 4 11
175,000 - 199,999 6.6 6.9 5 18 2 4 3 15 1 3 1 3 1 2 3
150,000 - 174,999 3.0 4.0 4 14 1 5 1 4 4 1
0 - 149,999 3.0 2.7 3 7 1 2 3 1 3 1 4
Total Units 167 728 65 326 11 30 6 39 3 22 25 92 11 42 1 9 2 15 53 6 20 23 84 4 1 5
Percentages 100 100 38.9 44.8 6.6 4.1 3.6 5.4 1.8 3.0 15.0 12.6 6.6 5.8 .6 1.2 .3 9.0 7.3 3.6 2.7 13.8 11.5 .5 .6 .7
Victoria Real Estate Board Multiple Listing Service ® 2

18. Reported Sales By Price Range - Townhouse May 2012
Friday, June 01, 2012
Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
1,000,000 - 1.4 .3 1 1
975,000 - 999,999
950,000 - 974,999
925,000 - 949,999
900,000 - 924,999 .7 2
875,000 - 899,999
850,000 - 874,999 .3 1
825,000 - 849,999 .3 1
800,000 - 824,999
775,000 - 799,999 1.4 .3 1 1
750,000 - 774,999
725,000 - 749,999 1.4 .7 1 1 1
700,000 - 724,999 .3 1
675,000 - 699,999
650,000 - 674,999 1.3 1 1 1 1
625,000 - 649,999 1.4 1.0 1 1 1 1
600,000 - 624,999 1.7 1 1 2 1
575,000 - 599,999 1.7 3 1 1
550,000 - 574,999 2.9 2.3 4 1 1 1 2
525,000 - 549,999 5.8 3.7 1 1 1 1 3 1 3 1 2 1
500,000 - 524,999 7.2 4.7 3 6 1 3 1 1 1 1 1 1
475,000 - 499,999 4.3 2.0 1 2 1 1 2 1 1
450,000 - 474,999 1.4 6.3 6 4 4 1 1 1 1 1 1
425,000 - 449,999 4.3 7.0 3 2 7 1 7 1 2 1
400,000 - 424,999 10.1 7.6 3 3 2 7 2 4 1 2 1 2 1 2
375,000 - 399,999 15.9 12.3 1 5 2 4 1 1 5 2 3 1 4 2 4 4 2 6 1
350,000 - 374,999 7.2 12.6 4 1 2 2 2 1 6 1 2 1 2 18 1
325,000 - 349,999 10.1 10.6 2 5 4 2 5 1 3 3 1 2 4 1 6
300,000 - 324,999 8.7 10.0 3 1 1 3 2 5 1 2 1 1 2 9 1 3 1
275,000 - 299,999 2.9 3.7 1 1 1 1 2 2 1 1 3
250,000 - 274,999 5.8 5.0 1 1 1 4 1 2 2 6 1
225,000 - 249,999 5.8 3.0 2 1 1 2 3 1 3
200,000 - 224,999 1.4 .3 1 1
175,000 - 199,999
150,000 - 174,999
0 - 149,999 .3 1
Total Units 69 301 13 48 4 3 11 3 15 5 53 11 28 5 22 1 3 12 30 2 16 10 45 4 18 6 2
Percentages 100 100 18.8 15.9 1.3 4.3 3.7 4.3 5.0 7.2 17.6 15.9 9.3 7.2 7.3 1.4 1.0 17.4 10.0 2.9 5.3 14.5 15.0 5.8 6.0 2.0 .7
Victoria Real Estate Board Multiple Listing Service ® 3