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
by VRBA | Feb 11, 2020 | Blog, Housing data
The Victoria Residential Builders Association recently held its annual Crystal Ball Housing Forecast at the Gorge Vale Golf Club. Presentations were by: • Sandi-Jo Ayers, President, Victoria Real Estate Board • Brendon Ogmundson, Chief Economist, BC Real Estate... read more
by VRBA | Jan 21, 2020 | Blog, Housing data
The City of Victoria is considering an important home conversion policy that may improve supply, vacancy rate and affordability. CMHC reports vacancies in Victoria have dropped to 1%, adding to our housing challenges. Canada’s strong population growth of over half a... read more
by VRBA | Jan 17, 2020 | Blog, Housing data
Due to inclement weather the Crystal Ball was postponed. The new date is Wednesday, January 29. What’s in store for the housing industry in 2020? Hear presentations by BCREA’s Chief Economist – a 2 time forecasting winner; sales expert/President of... read more
by VRBA | Jan 9, 2020 | Blog, Housing data
CMHC announced the total housing starts for 2019 and it doesn’t look good for a number of municipalities. While it can be argued a market softening was coming due to the mortgage stress test, BC speculation tax, and other regulations, severe declines highlight... read more
