Author: VRBA

Victoria, Sooke Housing Starts Down More Than 50%

CMHC reports housing starts in Greater Victoria declined 4% January to November from 4,517 in 2022 to 4,348 units in 2023. Year-to-date, large multi-family condos/apts are up 6% at 3,635 units, however, single detached homes are down 44% (358 units) and missing middle...

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Prepare for 2024 at Crystal Ball Housing Forecast

Are you ready for 2024? Hear from industry experts at VRBA’s Annual Crystal Ball Housing Forecast on Wednesday, January 17 from 11:30 am to 2:00 pm at the Royal Colwood Golf Club, 629 Goldstream Ave. Speakers include: Laurie Lidstone, Chair, Victoria Real Estate Board...

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The Price of the Speculation Tax

The BC government has again expanded the Speculation Tax, including communities in the Okanagan and Vancouver Island. British Columbians’ family cottages and retirement homes are unfairly taxed as “vacant.” As many as three taxes are charged on allegedly “vacant”...

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