Author: VRBA

Despite BC Govt Targets, Housing Starts Decline 46%

Despite provincially-mandated housing targets and rezonings, CMHC reports Greater Victoria’s 141 housing starts in February 2025 are 49% lower than the 275 starts in February 2024. Overall, housing starts are down 46% year-to-date at 246 new homes in 2025 vs 457 in...

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Remove GST and PTT from Housing

Two candidates for the federal Liberal leadership – Mark Carney and Chrystia Freeland – have promised to remove the GST for first-time buyers of new homes under $1 million and $1.5 million respectively. This is a step forward on reducing the sales tax on new housing....

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