Hot Opportunity: Victoria
An inspection franchise opportunity that is in high demand!
The percentage of buyers requesting a home inspection has increased significantly over the past few years. This growth has occurred because homebuyers recognize that an inspection lowers the risk associated with a home purchase and leads to increased confidence in the purchase decision. In other words, the home inspection industry is in high demand and not going away!
Featured Market: Victoria, BC
With one of the strongest economies in BC, Greater Victoria represents a region of business opportunity enhanced by a rapidly growing knowledge-based economy. Recent studies, like KPMG’s Competitive Alternatives have identified Greater Victoria as the most cost effective place to do business in the Pacific Northwest for sectors such as Digital and Biotechnology industries.
The business community in Greater Victoria is comprised of mainly small and medium-sized companies representing a wide range of sectors who are experiencing strong growth.
- A total of 1,289 properties sold in the Victoria Real Estate Board region this May, an increase of 42.4 per cent compared to the 905 properties sold in the same month last year.
- The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core has increased 19% compared to May of last year.
CLICK HERE to find out more about economic development in Victoria, BC
Source: Victoria Chamber of Commerce and Victoria Real Estate Board