Building & Industry News

Join VRBA in the New Year

Welcome to a new year and opportunity to join the Victoria Residential Builders Association. The Victoria Residential Builders Association is focused on being effective, efficient and affordable. VRBA provides: • Renovation and new home projects sent directly to our...

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Crystal Ball Housing Forecast – Wed Jan 29

Due to inclement weather the Crystal Ball was postponed. The new date is Wednesday, January 29. What's in store for the housing industry in 2020? Hear presentations by BCREA's Chief Economist - a 2 time forecasting winner; sales expert/President of the Victoria Real...

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The Connectedness of Our Housing Ecosystem, an article by Daniel Herriges, reflects on a new study called The Effect of New Market-Rate Housing Construction on the Low-Income Housing Market by economist Evan Mast. Mast tracked the migration of families moving in and...

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2019 Municipal Hall of Shame For New Housing

CMHC announced the total housing starts for 2019 and it doesn't look good for a number of municipalities. While it can be argued a market softening was coming due to the mortgage stress test, BC speculation tax, and other regulations, severe declines highlight the...

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Families Need Missing Middle Housing

CMHC announced our region’s housing starts for January to November 2019 and there is a 7.3% decline vs 2018 from 3,498 to 3,242. Demand is still strong, especially among a large millennial demographic, however challenges include land costs, zoning restrictions, slow...

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Development Education Program Needed

One of the challenges of being a developer and builder is explaining our business model and the opportunity for community revitalization to elected officials and the public. For example, if the community expects amenities, significant green space, preservation of...

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