by VRBA | Nov 26, 2024 | Housing data, news
In a news release, VRBA and industry partners expressed concerns about the CRD Water Supply Commission and their support for development cost charges on new housing. The commission spent 15 minutes discussing if they should give the industry partners’... read more
by VRBA | Nov 26, 2024 | Blog, Housing data, news
The Victoria Residential Builders Association and industry partners presented concerns to the CRD Water Supply Commission about proposed Development Cost Charges (DCCs) up to $9,045 per new home, to pay for a large water supply project. The province enables... read more
by VRBA | Nov 20, 2024 | Blog, news
As 2024/25 President, it is a pleasure to be part of an outstanding VRBA team, building our community. I want to thank Mike Dalton, Past President for his leadership. I look forward to continuing to work with Mike and the Board of Directors to address the challenges... read more
by VRBA | Nov 19, 2024 | news
The CRD is considering adding Development Cost Charges (DCC) up to $9,000 per new home for a proposed water supply project. If the CRD launches the DCCs, it may disqualify CRD municipalities from applying for the federal government’s recently launched Canada... read more
by VRBA | Nov 19, 2024 | news
Greater Victoria’s year-to-date housing starts are down 16% according to CMHC. From January to October, housing starts were 3,359 vs 3,885 during the same period in 2023. The decline in British Columbia is 11% at 33,463 new homes this year vs 37,662 last year. This is... read more
by VRBA | Nov 5, 2024 | Blog, Housing data, news
Last week, Conservative leader Pierre Poilievre promised to eliminate the GST on new homes sold for under $1 million if his party wins the next federal election. The savings on a $950,000 home would be $47,500 GST – a tax that’s supposed to be a consumption tax, not a... read more
