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Vote for 2015 People’s Choice

The 2015 CARE Awards Finalists have been announced and you can help choose the winner of the People’s Choice Award. Beautifully crafted homes, kitchens, bathrooms and more can be viewed online starting Aug 24 – Sept 27 at careawards.ca and at the Hillside Centre photo display, Sept 4 – 18. Vote for your favourite project […]

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Housing Questions for Your Federal Candidates

Canadians will elect a federal govt on Oct 19.  Ask candidates if they support these measures to improve housing affordability: GST New Home Rebate Inflation has eroded the GST New Home Rebate introduced in 1991 so now less than 10% of Victoria residents qualify for the full rebate. Do you support adjusting and indexing the […]

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CMHC Reports Victoria A Low Risk Housing Market

CMHC releases house price analysis for 15 markets. Victoria is considered low risk. Read the analysis here – http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2015/2015-08-13-1130.cfm

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Greater Victoria Housing Starts Continue at a Good Pace

CMHC reports housing starts continue at a good pace in Greater Victoria. Single detached starts represent a good indicator of improving employment for young people and families. The overall year-to-date numbers show we have already built 89% of last year’s total. The Times Colonist has done an excellent story on the housing starts here. The housing starts for Victoria are here. […]

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Home Renovation Tax Credit Is Good Policy

A federal election is underway and the Conservative Party recently announced a permanent Home Renovation Tax Credit as part of their platform. Taxpayers would be able to claim up to 15% of the cost of renovations between $1,000 and $5,000 allowing a credit of up to $600 per year. A permanent Home Renovation Tax Credit is […]

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CARE Awards Finalists Showcase West Coast Lifestyle

VICTORIA – The finalists for the 2015 Construction Achievements and Renovations of Excellence (CARE) Awards of Vancouver Island were announced today by the Victoria Residential Builders Association. Canada’s leaders in sustainable West Coast design and construction are showcased in the new homes, renovations, kitchens, bathrooms and outdoor living spaces. (The news release is here.) “The […]

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VRBA Advocates for Built Green®

In the latest Built Green Newsletter, the Victoria Residential Builders Association is mentioned supporting restoring the Built Green Program as part of the BC Hydro Incentive Program. VRBA supports sustainable  construction encompassing a wide range of conservation and recycling practices. Built Green is an affordable, flexible program for consumers offering environmentally friendly homes for a wide range of incomes. […]

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Municipal Fees, Regulations, Delays Impact Housing Affordability – Study

A recent study in the Vancouver region reveals that development fees & delays make Vancouver one of the most difficult & unaffordable places to build homes. We have similar challenges in Greater Victoria and this should serve as a reminder to elected officials that efficiency and affordable fees must be a priority when reviewing housing projects. More information […]

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Housing Starts in 2015 a Significant Improvement Over Last Year

CMHC reports single detached housing starts in Greater Victoria, Vancouver Island and most of BC remained steady in June. Single detached starts represent a good indicator of improving employment for young people and families. The overall year-to-date numbers continue to show significant improvement over last year. There are 984 housing starts year-to-date in 2015 vs 596 starts in 2014. The […]

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Political Will Makes a Difference

Since the municipal elections last year, there have been efforts to address the important issue of housing affordability in core municipalities.  Victoria Mayor Lisa Helps created a Task Force providing recommendations ranging from more efficient processes to density relaxation.   Saanich Councillor Fred Haynes initiated resolutions to bring forward to the Union of BC Municipalities and […]

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