Building & Industry News

Watch for 2021 CARE Awards

The Victoria Residential Builders Association has announced the Finalists for the 2021 CARE Awards. Subject to BC’s public health and safety regulations, Gold winners will be announced Saturday, November 13 at the Fairmont Empress Hotel. Otherwise, the presentation...

read more

Housing Starts up 46% in Greater Victoria

CMHC reports total housing starts are up 46% from Jan to Aug vs last year (2,154 to 3,072) mostly due to Victoria condos/apt rentals increasing from 86 in 2020 to 1,025 this year. Most single-family, semi-detached homes (townhomes, duplexes) continue to be built in...

read more

Housing Questions for Election Candidates

A federal election is underway and voting day is Monday, Sept 20, 2021. Housing is a priority for Canadians, so here are housing issues and questions for the candidates:  GST New Home Rebate BC has the highest average home price in Canada - $891,369, double the...

read more

Zoning – An Artificial Scarcity of Supply

I recently wrote about the costly process of rezoning and the demand for Community Amenity Contributions described in a provincial housing report “Opening Doors.”  The report said, ‘Zoning-based charges (CACs) discourage proactive zoning for more homes…local...

read more

Myth of the National Home Price

When Canadians read news stories about rising housing prices, they are often provided with a “national average price.” Often this precedes the conclusion that housing prices across the country are “out-of-control” and government intervention is needed, including a tax...

read more