by VRBA | Dec 19, 2022 | Blog, Housing data, news
Dear Santa, As the new VRBA President, I hope you will consider these wishes after delivering gifts to all of the good children on your list. When flying over Saanich in your sleigh, please consider expediting rezonings, development and building permits. This would... read more
by VRBA | Dec 15, 2022 | Blog, Housing data, news
CMHC reports housing starts are up 8.2% year-to-date (Jan to Nov) from 4,172 in 2021 to 4,517 in 2022. November’s new homes were 599 vs 347 in 2021. However, the increase is in apartments/condominiums at 16.5%. These projects were already in the hopper in spring... read more
by VRBA | Dec 6, 2022 | Blog, Housing data, news, Renovating
Recently there were two earthquakes west of Tofino measuring 4 and 4.8 magnitude according to Earthquakes Canada. There are hundreds of tremors and small earthquakes annually in our region that usually go unnoticed. This seismic activity is a constant reminder that we... read more
by VRBA | Nov 30, 2022 | Blog, Housing data, news
The BC government recently announced the Housing Supply Act and the formation of a stand-alone Ministry of Housing. This long-awaited initiative promised by new Premier David Eby is intended to address a lack of supply and housing affordability. The Housing Supply Act... read more
by VRBA | Nov 22, 2022 | Blog, Events, news
In good and tough economic times, there are always those in need. Many charitable organizations will be seeking donations to assist the disadvantaged in our community. One such fundraiser is the Festival of Trees for the BC Children’s Hospital Foundation helping... read more
by VRBA | Nov 16, 2022 | Blog, Housing data, news
CMHC reports large multis were up 9.8% year-to-date from 2,659 to 2,922 units in Greater Victoria. Total housing starts from January to October 2022 were 3,918 – up 2.4% from last year’s 3,825. New single detached homes are down from 730 to 598 and... read more