by VRBA | Apr 16, 2025 | Blog, Housing data, news
We often write about the challenges of rezonings, fees, taxes and building approval processes adding to the costs of housing. However, we spoke with insurance industry experts, and they say another rising issue is the cost of insurance when people are faced with a... read more
by VRBA | Apr 15, 2025 | Blog, Housing data, news
Despite provincially-mandated housing targets and rezonings, CMHC reports Greater Victoria’s 366 housing starts in March 2025 are 20% lower than the 459 starts in March 2024. Overall, housing starts are down 33% year-to-date at 612 new homes in 2025 vs 916 in 2024.... read more
by VRBA | Apr 2, 2025 | Blog, Housing data, news
A federal election is underway and voting day is April 28, 2025. Housing is a priority for Canadians, and much work is required to boost supply to make homes more affordable. The average price of a home in BC is $964,536. The Victoria Real Estate Board reports the... read more
by VRBA | Mar 31, 2025 | Blog, Housing data, news
The Business Examiner covered the presentation by Casey Edge, Executive Director, VRBA – one of the panelists at a recent Macdonald-Laurier Institute luncheon in Victoria. They said, “Canada is facing a crisis in governance that is adversely affecting the... read more
by VRBA | Mar 18, 2025 | Blog, Education & Training, news
The importance of education and training in today’s residential construction industry can’t be overstated. Ongoing changes to the building code, materials and processes require contractors achieve an educational standard and annual Continuing Professional Development... read more
by VRBA | Mar 11, 2025 | Blog, Housing data, news, Renovating
Since March 3, the west coast has experienced significant earthquakes ranging from 3.9 to 4.7. This ongoing seismic activity is a reminder we live in a subduction zone where large earthquakes can happen any time. Scientists recently discovered an active fault running... read more