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Real estate agent Chuck Meagher is touring six Lower Mainland residents around Greater Victoria this week, kicking the tires on condos, single-family houses and a couple of acres of bare land. They’re part of a growing wave of house-rich Vancouver property owners heading to the capital region where property is less pricey.

“Two of them are ready to move now. Given the market that they have in Vancouver, they thought, ‘We are going to Victoria and find what we want and buy it first, and then we will put our house on the market,” Meagher said Thursday.

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The others are looking to buy properties and hold on to them for the future. “There’s a real movement out of Vancouver — and why not?” added Meagher. Imagine having bought a house in Vancouver 20 years ago for $400,000 and today it could easily be worth $2 million, he said.

Greater Victoria real estate agents say they frequently field calls from Vancouver residents, seeking to cash out and relocate here.