Victoria’s housing market is familiar to a lot of buyers. Prices have gotten higher, inventory changes regularly, and affordability is a big challenge. These conditions have led people to seek alternative ownership models. Shared equity is one option that has become popular. Real estate investor Adam Gant has seen its growth in Victoria’s real estate market.
Gant has followed housing trends in Victoria for many years. His work helps him see how housing increases affect buyers at different stages. In Q4 2025, the average home price in Greater Victoria sat close to $1,046,900. Single-family detached homes sat close to $1,246,200 and condos around $527,100. This is roughly flat data compared with 2024, showing stability after several years of growth.
Shared equity lets buyers acquire a home with financial assistance from a third party. The partner involved is usually the government, a company, or an individual investor. In these arrangements, the partner holds a percentage interest in the property’s value. This is addressed later through repayment or sale. This structure lowers the initial cost for buyers which can be helpful in markets like Victoria.
Demand is high in Victoria’s housing market. Almost 7,000 homes were sold in the Victoria Real Estate Board region in 2025. This is a small increase from 6,800 in 2024. By December 2025, there were roughly 2,544 active listings on the Multiple Listing Service, an increase of more than 11% percent from 2024. These trends show that sales activity and inventory levels can change even when prices stabilize.
Shared equity is considered by first-time buyers who are renting while saving for a down payment. These programs can make ownership possible sooner, though buyers must share future value by rules of the agreement. Homeowners still build equity over time, but results depend on how the partnership is formed.
Terms in shared equity programs can differ. Some let homeowners repurchase the partner’s share after a certain time or when money improves. Others stay in place until the property sells. Knowing these details is important, as they impact long-term financial planning. “Buyers must review agreement terms carefully before proceeding,” advises Gant.
Victoria’s housing market is always growing, and so are policy changes. Infill housing, higher density, and zoning adjustments impact housing supply. Shared equity arrangements can apply to various housing types, including townhouses and condos, which are typical entry points for buyers in the area.
Shared equity also impacts how buyers consider long-term housing decisions. Some homeowners consider how future resale value, changing family needs, or career changes may impact their plans. These considerations are part of a bigger evaluation process that applies to any ownership model. “Buyers who take the time to consider the factors tend to have better expectations with shared equity,” says Gant.
Real estate activity in Victoria has been both stable and gradually changing. In December 2025, the benchmark value for a single-family home in downtown Victoria was $1.2M, which is less than 2024. Condo prices rose modestly to around $550,000. These numbers illustrate how different parts of the market can perform differently over the same period.
Shared equity can provide useful information for people wanting to buy a home in Victoria. These programs might suit some buyers while others choose more traditional financing routes. Gant urges buyers to address the market with clear information and realistic expectations. People want to live and work in Victoria. With affordability being a primary issue, shared equity is likely to stay part of the housing discussion. Assessing how these arrangements work helps buyers grasp the options that are available to them in Victoria’s changing real estate market.
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