by VRBA | Jul 12, 2022 | Blog, Education & Training, Housing data, news
The skilled trades shortage is again in the news, driving up costs and even causing contractors to turn down some projects. The challenge continues growing as baby boomers retire and demand for new housing increases. One response has been government and industry... read more
by VRBA | Jun 27, 2022 | Blog, Housing data, news
This year’s housing starts are almost keeping pace with last year. According to CMHC, there were 1,480 new homes from January to May compared to 1,525 homes in 2021. However, the vast majority of starts are apartments and condos representing 976 units. Small... read more
by VRBA | Jun 21, 2022 | Blog, Housing data, news
The BC government recently announced plans to replace the Royal BC Museum at an estimated cost of $795 million. However, long overdue is the construction of Light Rail Transit between Victoria and the fast-growing West Shore. The province has been investing in LRT... read more
by VRBA | Jun 15, 2022 | Blog, Housing data
New housing is almost keeping pace with last year. According to CMHC, there were 1,480 new homes from January to May vs 1,525 units in 2021. We are experiencing a 3% decline so far, but last year was also a record. May 2022 has posted 330 starts vs 193 in May 2021, a... read more
by VRBA | Jun 7, 2022 | Blog, Housing data, news
Last week, Housing Minister Eby expressed his dismay over Victoria council’s lack of approval for a new rezoning plan to address “missing middle” housing. Missing middle is a term used to describe small multi-family housing such as townhomes, duplexes, triplexes often... read more
by VRBA | May 31, 2022 | Blog, Housing data, news
A Demolition and Deconstruction bylaw is going before Victoria council adding more time and costs to new housing during a housing affordability crisis. The bylaw was created to reduce lumber in landfills yet applies only in cases where the new construction will be... read more
