Get the Top, Local stories delivered to your inbox! Click here to join the daily Vernon Matters newsletter.
By Vernon Matters Staff

Report sheds new light on housing affordability

Aug 7, 2019 | 4:43 PM

The Canadian Home Builders Association has launched a new website aimed at informing voters about housing affordability ahead of this fall’s federal election.

The site at www.affordabiity.ca looks at factors affecting the price of homes and will examine party platforms and policies that affect housing.

“As party platforms become available, policies that affect housing will be summarized and explained through the affordability lens. CHBA is planning a multi-faceted federal election campaign to drive traffic to the website to inform voters, candidates, and media about the issues,” stated a CHBA news release.

“Housing Affordability is an issue we hear about often and it’s a top concern of all Canadians,” said Cassidy deVeer, president, Canadian Home Builders Association Central Okanagan (CHBA-CO). “When buyers hear their homes include more than $94,000 in tax you get their attention quickly.”

A recent report, commissioned by the B.C. Chapter of the CHBA, completed in 2019 and not released publically until now, reveals that one new house built and sold in the Central Okanagan raises more than 94,000 in revenues split by three governments.

Charger rollout
Phased approach planned for EV chargers at Vernon ALC
23h ago
Secondary Dwellings
Coldstream considering more housing on agricultural lands
Apr 24, 2026
Wildfire Risks
Okanagan's Fire Danger Rating already up to Moderate
Apr 23, 2026

The report, “Estimating the Benefits to Government of New Home Construction” produced by charter accountancy and business advisory firm MNP, studied how the building of a new home is affected by development fees and charges in nine communities across B.C. The report also details the tax revenue raised on the construction of a townhome and is available here.

The report looked at both fees and taxes directly levied on the construction and sale of new homes and additional revenues generated through income taxes and taxes on the construction materials.

Additional revenues were income tax paid by those employed in building homes and provincial sales taxes generated from the purchase of materials.

The report did not take into account the current Energy Step Code charges.

by Vernon Matters Staff
View Comments

Other Matters

Charger rollout
Phased approach planned for EV chargers at Vernon ALC
Vernon's new Active Living Centre will have electric vehicle chargers, but they will be installed in two phases.A city staff report said Vernon's Mayor and Corporate Officer signed an EV License of Occupation Agreement with B.C. Hydro to install 24 chargers at the ALC.However, they won't all be available at once."...
23h ago
Read More
Secondary Dwellings
Coldstream considering more housing on agricultural lands
The District of Coldstream could be allowing more housing to go up on farmland.A district staff report said the zoning bylaw could be amended to allow accessory dwelling units (ADUs) on Agricultural Land Reserve properties that are 2.0 hectares in size or greater.The report explained that in 2023 the municipality appro...
Apr 24, 2026
Read More
Info Sought
Kelowna RCMP search for stolen pasta food trailer
Kelowna RCMP are asking for the public's help to locate a stolen food trailer taken earlier this month from a secured compound along Highway 97.Police say the trailer was reported stolen from the 2700 block of Highway 97 North and was last seen around midnight on April 12. Surveillance video later captured the trailer ...
Apr 24, 2026
Read More
Controversial Comments
Kelowna-area MLA in hot water over treaty debate remarks
Independent MLA Tara Armstrong is facing calls to retract comments she made in the B.C. legislature Thursday, using language critics say is linked to Nazi ideology during a debate on a First Nations treaty.Armstrong, the MLA for Kelowna-Lake Country-Coldstream, used the phrase "blood and soil" while speaking ...
Apr 24, 2026
Read More
Missing Person
RCMP say missing Kamloops man may be trying to get to Vernon
RCMP have asked for help in tracking down a recent arrival to Kamloops who went missing and could be in the Vernon area.Mounties said 61 year old Gene Siedekum was last seen Monday, April 20, around the 300-block of Columbia Street in Kamloops."Gene recently moved to Kamloops and may attempt to return to Vernon wh...
Apr 24, 2026
Read More
Mental Health Awareness
Performers sought for inaugural Mind Over Music Mental Health Festival
The local branch of the Canadian Mental Health Association is running its first ever music festival and is looking for groups to perform.CHMA Vernon will hold its inaugural Mind Over Music Mental Health Festival on September 26.The event aims to showcase local musicians, artists and creative facilitators, while also us...
Apr 24, 2026
Read More
Building for the future
Now's the time to invest: Kelowna MP Fuhr
The MP for Kelowna, Liberal Stephen Fuhr, says Canada needs to invest in the future and if not now, then when?There has been criticism of the massive spending announced by Prime Minister Mark Carney on mega projects like LNG, electrification, mining and Artic and Northern infrastructure, that has fueled the projected n...
Apr 24, 2026
Read More
Wildfire Risks
Okanagan's Fire Danger Rating already up to Moderate
The Okanagan and Southern Interior are already seeing risks of wildfires.The B.C. Wildfire Service said the Okanagan had a Moderate Fire Risk rating as of Thursday, April 23.The provincial firefighting agency said a Moderate rating indicated that "forest fuels are drying and there is an increased risk of surface f...
Apr 23, 2026
Read More
Integrated Services and Community Impact Project
Local group getting financial boost to advance multiculturalism
A provincial program is supporting multiculturalism work in the North Okanagan.The Vernon and District Immigrant and Community Services Society was named as a beneficiary of the province's annual B.C. Multiculturalism and Anti-Racism Grants program.The group will receive $5,000 in funding to be used to support the loca...
Apr 23, 2026
Read More

What Matters

Charger rollout
Phased approach planned for EV chargers at Vernon ALC
23h ago
Secondary Dwellings
Coldstream considering more housing on agricultural lands
Apr 24, 2026
Wildfire Risks
Okanagan's Fire Danger Rating already up to Moderate
Apr 23, 2026
Structure Fire Response
VFRS undertaking annual structure fire training
Apr 23, 2026
Beaver Lake and Vernon Creek Watershed Improvements
Lake Country taking action to support water management, flows at area watershed
Apr 22, 2026