by VRBA | Oct 18, 2023 | news
The Victoria Residential Builders Association announced the Finalists for the 2023 CARE Awards and the Gold winners will be showcased at the Annual Gala on Friday, October 20th at the Fairmont Empress Hotel. The CARE Awards is the premier industry event highlighting... 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, news
Real estate tax expert Paul Sullivan, Principal, Regional Leader, Property Tax Complex for Ryan ULC, will be the main speaker at VRBA’s Annual General Meeting / Lunch at Royal Colwood Golf Club, Tuesday, November 7 at 629 Goldstream Ave. Paul provides tax... 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