by VRBA | Apr 19, 2022 | Blog, Housing data, news
Canada’s Deputy Prime Minister Chrystia Freeland recently said, “One of the things that I am most concerned about as someone who — it shocks me to say this — is 53 years old, is the intergenerational injustice. We had a better shot at buying a home and starting a... read more
by VRBA | Apr 19, 2022 | Blog, Housing data, news
CMHC reports housing starts in Greater Victoria declined 16% January to March, from 974 in 2021 to 820 in 2022. Despite record low housing inventory for sale causing high prices, a number of municipalities continue to show low numbers, Sidney – 6; View Royal – 2;... read more
by VRBA | Apr 6, 2022 | Blog, CARE Awards, Hiring a Contractor
The Victoria Residential Builders Association (VRBA) announces the Call for Entry for the 2022 Construction Achievements and Renovations of Excellence (CARE) Awards of Vancouver Island. The CARE Awards is the premier industry event celebrating Canada’s leaders in... read more
by VRBA | Mar 29, 2022 | Blog, Housing data, news
The Union of BC Municipalities released a report last week claiming new housing approvals and supply are keeping pace with our fast-growing population. Except Victoria continues to experience record low inventory for sale and rising prices now at a benchmark price of... read more
by VRBA | Mar 22, 2022 | Blog, Building Code, Housing data
In 2018, the BC government launched the Speculation Tax claiming “speculators” were responsible for housing shortages and rising prices. Their claim has been thoroughly debunked by ongoing low inventory and record-high prices. High prices are caused by population... read more
by VRBA | Mar 14, 2022 | Blog, Hiring a Contractor, news
Thinking of building a new home or renovating? How will you determine a builder’s track record, availability and prices? Try our online Expression of Interest making it easy to get quotes from VRBA’s professional contractors.... read more