by VRBA | Aug 13, 2024 | Blog, Housing data, news
The Canadian Real Estate Association reports BC has the highest average home price at $998,721. The BC government charges a Property Transfer Tax (PTT) of $17,974 to do a simple land title transfer when that “average” home is sold. Alberta has an average home price of... read more
by VRBA | Aug 7, 2024 | Blog, CARE Awards, news
The Victoria Residential Builders Association has announced the Finalists for the 2024 CARE Awards and you can vote for the popular Peoples’ Choice Award. From September 2 to September 15, view these outstanding homes at careawards.ca and vote for your favourite. In... read more
by VRBA | Aug 1, 2024 | news
VICTORIA – Finalists for the 2024 Construction Achievements and Renovations of Excellence (CARE) Awards of Vancouver Island were announced today by the Victoria Residential Builders Association (VRBA). (News release here) “Congratulations to the CARE Awards Finalists... read more
by VRBA | Jul 19, 2024 | Blog, Hiring a Contractor, news, Renovating
By July 1, municipalities were required to update their bylaws to accommodate the provincial legislation enabling moderate housing density (townhomes, duplexes, fourplexes, etc) in single family zones. In municipalities of more than 5,000 people, this will allow:... read more
by VRBA | Jul 16, 2024 | Blog, Building Code, news, Renovating
A swarm of earthquakes, one with a magnitude up to 6.4, recently struck off the coast of Vancouver Island. Thirteen earthquakes of magnitude 4 or more have occurred so far in July. Natural Resources Canada reports there are plates sliding past each other due to three... read more
by VRBA | Jul 16, 2024 | Blog, Housing data, news
Greater Victoria’s year-to-date housing starts are still up 5% according to CMHC. While, housing starts increased from 150 in May to 334 in June, the June 2024 number is less than June 2023 (502). This means the year-to-date increase of 20% in housing starts from... read more
