Building & Industry News
2025 Crystal Ball Housing Forecast
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...
Housing Starts Declined in Most CRD Municipalities in 2024
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...
Hire a Contractor Using VRBA Expression of Interest
Thinking of building a new home or renovating? How will you determine a builder’s track record, availability and prices? Try our online Expression of Interest making it easy to get quotes from VRBA’s professional contractors. Visit https://www.vrba.ca/hire-a-builder/...
Built Green for Your Family and the Planet
With concerns about climate change and global sustainability, homebuyers will want to explore the benefits of a Built Green home. Built Green homes are energy efficient, healthier for your family and better for the planet. Built Green homes offer: Greater energy...
Housing Starts Down 16% in Greater Victoria
Despite provincially-mandated housing targets and rezonings, Greater Victoria’s year-to-date housing starts are down 16% according to CMHC. From January to November, housing starts were 3,668 vs 4,348 during the same period in 2023. The City of Victoria housing starts...
Prepare for 2025 at Crystal Ball Housing Forecast
Are you ready for 2025? Hear from industry experts at VRBA’s Annual Crystal Ball Housing Forecast on Wednesday, January 15 from 11:30 am to 2:00 pm at Gorge Vale Golf Club, 1005 Craigflower Road. Speakers include: • Dirk Vanderwal, Chair, Victoria Real Estate Board •...
‘Tis the Season for Giving
In good and tough economic times, there are always those in need. Many charitable organizations will be seeking donations to assist the disadvantaged in our community. One such fundraiser is the Festival of Trees, for the BC Children’s Hospital Foundation, helping...
CRD Water Meeting Fails to Fully Hear, Address Concerns About $2 Billion Plan
In a news release, VRBA and industry partners expressed concerns about the CRD Water Supply Commission and their support for development cost charges on new housing. The commission spent 15 minutes discussing if they should give the industry partners' presentation an...
Replace CRD DCCs with Federal Funding
The Victoria Residential Builders Association and industry partners presented concerns to the CRD Water Supply Commission about proposed Development Cost Charges (DCCs) up to $9,045 per new home, to pay for a large water supply project. The province enables...
VRBA – Community Builders, Building Our Community
As 2024/25 President, it is a pleasure to be part of an outstanding VRBA team, building our community. I want to thank Mike Dalton, Past President for his leadership. I look forward to continuing to work with Mike and the Board of Directors to address the challenges...