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Finalists Announced for the 2021 Georgie Awards
CHBA BC
CHBA BC is excited to announce this year's finalists for Canada's premier housing awards, the Georgie Awards. Hundreds of applications came in across British Columbia, but only those projects exhibiting innovative designs and superior quality, as deemed by our peer-reviewed judges, are selected.
Congratulations to all of the 2021 finalists on your exceptional work and skills, we look forward to you joining us for the winners’ announcement at the virtual gala on March 20, 2021.
Georgie Awards 2021 Finalists News Release
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More BC residents interested in buying homes in suburbs than major city centres: Survey
Vancouver Urbanized
A recent article reflects how housing affordability coupled with COVID-19 is shaping the wants and expectations of prospective homebuyers in BC.
Residents of British Columbia are currently more interested in purchasing a home in the suburbs and exurbs with over half of residents interested in the suburbs (30%) and rural areas (22%) combined compared to just a quarter (25%) for major city centres.
High home values continue to drive many Canadians further outside of major city centres, both in search of affordability and more space.
Read the full article here.
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Speculation tax a failure, critics contend
Western Investor
B.C. speculation and vacancy tax may have raised $88 million in 2019, but housing experts say that it did little to reduce home prices or improve rental affordability.
Brendon Ogmundson, chief economist with the B.C. Real Estate Association, said the impact of the tax on affordability in the ownership market was temporary at best.
“After the remarkable events of 2020, demand in the market is on a record pace while the supply of homes available for sale closed the year at a record low,” he said. “That imbalance of demand over supply means that prices are rising dramatically.”
Read the full article here.
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- 1st or 2nd mortgages
- Fully open terms
- Quick turn around on draws
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The business case for diversity and inclusion
Business In Vancouver
This article, sponsored by the Canadain Construction Association, argues that to fill the gap of an increasing talent shortage across Canada - due to the number of experienced workers retiring - the construction industry should focus its recruitment efforts on traditionally underrepresented groups, such as women, Indigenous Canadians and new Canadians.
“More diversity leads to better decisions, which leads to more success.”
The CCA said there are solid business reasons that back diversity and inclusion in the construction workplace. You can read these business reasons here.
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