Victoria Residential Builders Association

VRBA's 2026 CARE Awards Call for Entry is now open! Deadline: June 8 - industry’s premier housing awards showcasing Canada’s leaders in West Coast design & construction. Join us at vrba.ca/become-a-vrba-… Also visit careawards.ca Thank you Gold sponsors! #yyj

“When you have really large earthquakes like the one in 2012...aftershocks can continue for years...as the rocks readjust...The 2012 earthquake in Haida Gwaii was one of those convergence zone earthquakes where the plates are colliding.” cbc.ca/news/canada/br… #yyj #bcpoli

"Dutch govt will impose a tax on this person’s forecasted future income even though they don’t possess that cash yet—and it could quickly disappear. Policymakers in Ottawa and the provinces must...stay far away from such ill-conceived policy" fraserinstitute.org/commentary/can… #yyj #bcpoli

"current benchmark price for a Canadian home is $661,300. Adjusting for inflation, this puts Canadian homes at a price not seen since the summer of 2016. In August of that year, home prices hit $493,400 ($652,752 in 2026 dollars)" nationalpost.com/opinion/at-lea… #yyj #bcpoli

"Earthquake Canada says a 4.3 magnitude earthquake was recorded off the coast of northern B.C." Seismic safety should be more than than BC govt's "Drop, Cover, Hold on!" vrba.ca/news/seismic-s… timescolonist.com/bc-news/magnit… #yyj #bcpoli

"Construction costs for the commonly-seen low-rise wood-frame building up to six storeys is expected to range from $380 to $480 per sq ft in Vancouver..." storeys.com/construction-c… #yyj #bcpoli

"The good news is that prices have softened, inventory has increased (especially for condos in cities like Toronto) & interest rates have dropped from their peak...the market remains firmly in buyer’s territory..." storeys.com/canadian-homeo… #yyj #bcpoli

Our column in today's @timescolonist B9: 2026 CARE Awards – Call for Entry vrba.ca/news/2026-care… vrba.ca/wp-content/upl… #yyj

"plans to invest in upsizing his primary residence..wants to increase the value of his property which is exempt from capital gains taxes...'Real estate is taxed in every possible way to the most amount possible–except for our principal residences'" theglobeandmail.com/real-estate/va… #bcpoli

"Toronto has a high level of condo inventory...but the market is not awash in two-bedroom, two-bathroom units in the mid $600,000s... downtown area...is packed with towers full of bachelor & one-bedroom units" theglobeandmail.com/real-estate/to… #yyj #bcpoli

“The secret to selling a house in Halifax for $13-million or $14-million is to spend over $20-million building it” theglobeandmail.com/real-estate/ar… #yyj #bcpoli

"Just how negligent & reckless it was is spelled out in a new report...As of today, only 17 homes out of 45 that existed before the fire have been rebuilt...Taxpayers in BC will likely never know what happened to millions of dollars" theglobeandmail.com/opinion/articl… #yyj #bcpoli

"current rebate applies only to first-time home buyers... would “approximately” cover Ottawa’s portion of the foregone tax bill...result in 8,000 more homes built annually" theglobeandmail.com/canada/article… #yyj #bcpoli

"need to sell about 70% of their units before a lender will provide the financing...'Can I get two-thirds of that building sold out with first-timers?...that’s just never gonna happen'...developers have urged Ottawa to offer the tax break to all buyers" theglobeandmail.com/business/artic…

Connect with VRBA members & promote your product or service at VRBA’s Annual Fun Golf Tournament at Olympic View on Thursday, May 28th! You do not have to be a VRBA member to register as a golfer or to be a sponsor. Join us! vrba.ca/blog/vrba-annu… #yyj

Most dudes in their 40s were convinced at their first sight of this. But not everyone has the same reaction to economic charts.

“This is a result of decades of under-supplying the market...We need more home ownership options...without home ownership options...It reduces the ability for people to move within the rental market & from the rental market to their home ownership” globalnews.ca/news/11741897/… #bcpoli

"disappointing results on display in the auditor general’s report—a combination of red tape, political recriminations & unrealistic expectations—is not the future Horgan imagined. But it appears to be the one we’re getting, not just in Lytton" vancouversun.com/opinion/column… #yyj #bcpoli

Why are new homebuyers in Langford & Colwood paying the freight for municipalities obstructing housing? Of 4,859 new homes in 2025, only 67 in Oak Bay, Central Saanich 46, Sidney 30, North Saanich 16, View Royal 3, Metchosin 3, Highlands 2. vrba.ca/news/vrba-pres… #yyj #bcpoli

"The city is already well on its way to meeting the province’s mandated target of 2,993 new homes by 2030. Since the order last fall, Langford has delivered 794 units, far exceeding a first-year target of 449 rental units." timescolonist.com/local-news/lan… #yyj #bcpoli

"4.0 quake struck approximately 261 km sw of Tofino" Ongoing seismic activity is a reminder we live in a subduction zone where large earthquakes can happen any time. BC needs reno rebate for seismic safety. Read vrba.ca/news/bc-needs-… cheknews.ca/magnitude-4-0-… #yyj #bcpoli