by VRBA | Feb 26, 2025 | Blog, Housing data, news
Last year, many municipalities were required to update their bylaws to accommodate the provincial legislation enabling moderate housing density (townhomes, duplexes, fourplexes, etc) in single family zones. If you are considering any new home project including a... read more
by VRBA | Feb 18, 2025 | Blog, Housing data, news
Despite provincially-mandated housing targets and rezonings, CMHC reports Greater Victoria’s 105 housing starts in January 2025 are 42% lower than the 182 starts in January 2024. In fact, this year is the lowest in 5 years: January 2025 – 105; 182 in 2024; 463... 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 | Dec 17, 2024 | Blog, Housing data, news
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... read more
by VRBA | Dec 3, 2024 | Blog, Housing data, news
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 •... read more