by VRBA | Jun 30, 2020 | news, Blog, Housing data
BC’s decision to establish construction as an essential service has been proven by its success combating COVID-19 while protecting jobs. Conversely, Quebec shut down construction and Ontario halted new projects and have not achieved BC’s success against the virus. A... read more
by VRBA | Jun 22, 2020 | news, Blog, Housing data
BC Budget Consultation 2020 Presentation by the Victoria Residential Builders Association to the Select Standing Committee on Finance and Govt Services – Tuesday June 16, 2020 C. Edge: Good morning, Chair and committee. Thank you for the opportunity to present... read more
by VRBA | Jun 8, 2020 | Blog, Housing data
The construction of new single detached housing is up 13% year-to-date (264) vs last year (233) according to CMHC. In addition, despite the pandemic, overall year-to-date housing starts in Greater Victoria are down only -3% from 1,395 last year to 1,357 this year.... read more
by VRBA | Apr 15, 2020 | news, Blog, Housing data
CMHC reports 51% of housing starts in Greater Victoria took place in Langford in March 2020 as regional starts declined due to the COVID-19 pandemic. There was a total of 102 starts of which 52 were in Langford. Year-to-date housing starts ending March 31 in Greater... read more
by VRBA | Mar 10, 2020 | Blog, Housing data
The BC govt has created a housing supply/affordability panel and feedback survey at https://engage.gov.bc.ca/housingaffordability/. The survey is online until April 3 and everyone concerned about housing affordability should participate. The panel will review... read more
by VRBA | Feb 24, 2020 | news, Blog, Housing data
To understand rising home prices, it’s important to appreciate that Canada is undergoing some of the fastest population growth in our history. Statistics Canada reports the country’s rate of growth is twice as fast as that of the US and UK. Canada’s population was... read more
