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
by VRBA | Nov 26, 2024 | Housing data, news
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’... read more
by VRBA | Nov 26, 2024 | Blog, Housing data, news
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... read more
by VRBA | Nov 5, 2024 | Blog, Housing data, news
Last week, Conservative leader Pierre Poilievre promised to eliminate the GST on new homes sold for under $1 million if his party wins the next federal election. The savings on a $950,000 home would be $47,500 GST – a tax that’s supposed to be a consumption tax, not a... read more