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Interview with VRBA in Canadian Contractor Magazine

Casey Edge, VRBA’s Executive Director was interviewed in Canadian Contractor magazine and had this to say about residential construction, BC Energy Step Code, housing affordability and other topics.   

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CMHC Report: Millennials Driving Growth, Little Change in Housing Inventory

CMHC’s latest Housing Market Assessment reports, “While house prices in Vancouver, Victoria, Toronto and Hamilton continue to move closer to levels supported by housing market fundamentals such as population, personal disposable income and interest rates, we continue to see a high degree of vulnerability in their overall assessment.” For Victoria, they report, “The population of […]

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Canadian Govt Introduces New Home Buyer Program

The federal government has introduced a new program called the First Time Home Buyer Incentive which provides a loan subsidy to first time buyers earning less than $120,000 annually. Details of the new program are here. Here is a news story on the program. How effective will it be? Let’s be clear. Unaffordability is due […]

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2019 CARE Awards – Call for Entry Launched

The Victoria Residential Builders Association has announced the Call for Entry for the 2019 Construction Achievements and Renovations of Excellence (CARE) Awards of Vancouver Island. The CARE Awards is the premier industry event celebrating Canada’s leaders in sustainable West Coast design and construction. This is a members-only competition. Industry professionals interested in entering the CARE […]

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More New Rentals in Langford Than Entire CRD

According to CMHC’s latest report, housing starts in January & February 2019 have increased 39% over last year from 411 to 572 year-to-date. On a cautionary note, single detached represented only 12% of the total or 71 new homes. This is a decline of 32% from the 105 homes built in 2018. Single detached may […]

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Home is Where Victoria’s Cherry Trees Are

Victoria’s famous cherry trees made headlines last week but not for their blossoms.  Councillor Geoff Young expressed concern that council was on a path to replace Victoria’s famous trees with species more common to the region. After experiencing significant public outcry, council moved to clarify their position, and write to the Victoria Nikkei Cultural Society […]

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Even Affordable Homes Require Jobs

Housing prices are linked to a province’s economy and specifically employment. BC has the lowest unemployment rate in Canada at 4.4%. We also have the highest average home price at $665,000. The lowest home prices are in the Atlantic provinces averaging $162,000 in New Brunswick to $250,000 in Newfoundland. Why are their prices so low? […]

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BBB Lunch ‘N Learn: Building Bridges to Consumers

A free Lunch & Learn for accredited businesses at the Vancouver Island Better Business Bureau Boardroom (#220-1175 Cook Street, Victoria) on Thursday, February 28th from Noon to 1:00 pm. Casey Edge, Executive Director of the Victoria Residential Builders Association will discuss the most common issues raised by consumers in hiring contractors and tips to avoid unnecessary […]

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Support Incentive Program for Asbestos Removal

Considering a renovation? Before you start, visit http://www.vrba.ca/wp-content/uploads/2015/07/asbestos_hazards_homeowners.pdf and read the online brochure on asbestos often found in older homes. This is important to protect your family and workers. Our advice is to hire professional contractors, which is also the advice of BC’s Ministry of Environment. You can receive competitive quotes for your renovation from […]

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More Accountability Needed for Best Practices

The BC government created a “Development Cost Charges Best Practices Guide” for municipalities to promote stable, reasonable fee increases for infrastructure upgrades like sewer and water, roads as well as parks. Yet many still need to adopt the practices. The guide says DCC’s must be applied with “Fairness and Equity, Accountability, and Certainty.” “Certainty should […]

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