by VRBA | Mar 7, 2023 | Blog, Housing data, news
The BC government introduced their budget filled with spending to build housing for the middle class and more promises to make municipal development approval processes more efficient. So far, promises of more efficiency have not resulted in any action. In fact,... read more
by VRBA | Feb 28, 2023 | Blog, Housing data, news
Here are three common myths about housing: Myth #1: Houses are unaffordable Many buildings are affordable, but the land is not. For example, a 1950’s home on a 14,950 sq ft lot in Saanich was assessed at $1,033,000 by BC Assessment in July 2022. The building was... read more
by VRBA | Feb 23, 2023 | Blog, Golf, news
Spring is here, along with the sunshine! Enjoy a day on the links on Wednesday, May 24 at VRBA’s annual golf tournament, Olympic View Golf Course! (www.OlympicViewGolf.com) Mark your calendars, and network with VRBA’s contractors, designers, trades & suppliers!... read more
by VRBA | Feb 23, 2023 | news
CMHC reports new housing in January 2023 was up 62% vs the same month last year, from 286 to 463 units. However, 421 of those units were condo/apts and 71% of those were in one municipality – Langford. Sixty-nine per cent of all new housing was also in Langford.... read more
by VRBA | Feb 21, 2023 | Blog, Housing data, news
Speculation Tax notices have gone out recently to British Columbians requiring a declaration on their private property. The province already generates $3 billion a year by charging an average $16,000 in Property Transfer Tax for a land title transfer costing a few... read more
by VRBA | Feb 14, 2023 | Blog, Education & Training, news
The skilled trades shortage is again in the news. BC’s new labour market outlook predicts 83,000 job openings in the skilled trades by 2032. Vancouver Island-Coast region is expected to have the highest rate of employment growth during that time. Shortages continue... read more