by VRBA | Feb 12, 2025 | news
Skilled trades shortages are growing as baby boomers retire and demand for new housing increases. Governments at all levels are promising to boost housing supply, which requires a large, well-trained workforce. Labour market studies predict 83,000 job openings in the... read more
by VRBA | Feb 5, 2025 | Blog, news
If you are considering membership in an industry association this year, consider the Victoria Residential Builders Association. Our daily mission is to be effective, efficient, and affordable for our members. We are the builders’ leading voice advocating housing... read more
by VRBA | Feb 5, 2025 | Blog, Building Code, Housing data, news
There are hundreds of small earthquakes annually in our region that usually go unnoticed. They are constant reminders we live in a subduction zone where large earthquakes can happen any time. Scientists discovered an active earthquake fault running under Elk Lake,... read more
by VRBA | Jan 16, 2025 | Blog, Housing data, news
VRBA’s Annual Crystal Ball Housing Forecast on January 15 featured presentations by: • Dirk VanderWal, Chair, Victoria Real Estate Board • Brendon Ogmundson, Chief Economist, British Columbia Real Estate Association • Shiva Moshtari Doust, Lead Economist, Canada... read more
by VRBA | Jan 16, 2025 | news
Despite provincially-mandated housing targets and rezonings, Greater Victoria’s total housing starts in 2024 were down 16% according to CMHC. From January to December, housing starts were 4,185 vs 4,992 during the same period in 2023. The City of Victoria housing... read more