Category: Housing data

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...

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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...

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Time to Remove GST and PTT From Housing

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...

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