Category: Housing data

Three Housing Myths Dispelled

Here are some common housing myths: Myth #1: Houses are unaffordable Many structures are affordable, but the land is unaffordable. For example, a 1960’s bungalow on a 10,000 sq ft lot in Saanich was assessed at $813,300 by BC Assessment in July 2019. The building is...

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West Shore Driving New Housing & Jobs

Most residential construction jobs are being created in the communities where it’s easiest to do business – Langford and Colwood. According to the latest CMHC data, from January to July 2020, 54% of new housing is being built in two out of 13 CRD municipalities....

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