by VRBA | Mar 6, 2024 | Blog, CARE Awards, news
The Victoria Residential Builders Association (VRBA) announces the Call for Entry for the 2024 Construction Achievements and Renovations of Excellence (CARE) Awards of Vancouver Island. The CARE Awards is the premier industry event celebrating Canada’s leaders in... read more
by VRBA | Mar 5, 2024 | Blog, Golf, news
Connect with VRBA members and promote your product or service at VRBA’s Annual Fun Golf Tournament at Olympic View on Wed, May 29th! You do not have to be a VRBA member to register as a golfer or to be a sponsor. ONLY $225/golfer: see the attached for registration and... read more
by VRBA | Feb 27, 2024 | Blog, Housing data, news
The BC government introduced a $7.9 billion budget deficit with promises to build housing for the middle class. Spending taxpayers’ money to build middle-class housing is unnecessary. Just let the market work. Premier Eby claims the housing crisis is a “failure” of... read more
by VRBA | Feb 20, 2024 | Blog, Housing data, news
Skilled trades shortages are growing as baby boomers retire and demand for new housing increases. Labour market studies predict 83,000 job openings in the skilled trades by 2032. In response, government and industry representatives attend trade shows overseas trying... read more
by VRBA | Feb 15, 2024 | Blog, Housing data, news
According to CMHC, 2024 has started with a 61% decline in Greater Victoria housing starts in January. The total is 182 in 2024 vs 463 in 2023. In 2022, the total was 286 new homes. December 2023 totals were 644, however 2023 was a record year for new housing. So far... read more
by VRBA | Feb 13, 2024 | Blog, Housing data, news
Re/Max Canada reports land transfer taxes (BC Property Transfer Tax – PTT) are “eroding housing affordability at a time when home ownership is becoming out of reach for many younger households.” The PTT payable on BC’s average-priced home ($965,890) is $17,317.... read more