by VRBA | Oct 31, 2023 | Blog, Building Code, Housing data, news
Saanich & Victoria are fast-tracking the Zero Carbon Step Code for new housing starting November 1, years ahead of the province. This undermines systems like on-demand hot water using renewable natural gas (RNG), which are both carbon neutral and more affordable.... read more
by VRBA | Oct 18, 2023 | Blog, Housing data, news
CMHC reports housing starts in Greater Victoria declined 5% January to September from 3,314 in 2022 to 3,153 units in 2023. Year-to-date, large multi-family condos/apts are up 10% this year at 2,639 units, however, single detached homes are down 47% (295 units) and... read more
by VRBA | Oct 11, 2023 | Blog, Housing data, news
Statistics Canada reports Canada’s birth rate is dropping to historic lows. They report 351,679 births in 2022 which is the lowest number since 345,044 recorded in 2005. British Columbia has one of the lowest fertility rates in Canada and the highest average housing... read more
by VRBA | Oct 3, 2023 | Blog, Housing data, news
The BC government’s decision to establish housing targets for municipalities, including Saanich, Oak Bay and Victoria, is a significant change from the direction established for decades by successive provincial governments. That direction was the long-standing policy... read more
by VRBA | Sep 27, 2023 | Blog, Housing data, news
The BC government report, Opening Doors ,said revenue from community amenity charges (CAC’s) are a disincentive for municipalities to proactively rezone to appropriate densities. “Zoning-based charges (CACs) discourage proactive zoning for more homes…local... read more
by VRBA | Sep 18, 2023 | Blog, Housing data
CMHC reports housing starts in Greater Victoria declined 3.5% January to August from 3,044 in 2022 to 2,937 units in 2023. Year-to-date, large multi-family condos/apts are up 11% this year at 2,481 units, however, single detached homes are down 50% (254 units) and... read more