Urban Development Institute

@udibc.bsky.social

BC's voice for development since '72. Non-partisan, non-profit, paving the way for tomorrow's cities.

Vancouver housing starts fell sharply in July compared with last year. While one month does not tell the whole story, it points to a larger issue: fewer projects are moving forward, and the cost to deliver new housing is still too high. www.cbc.ca/news/canada/...

42% drop in Vancouver housing starts prompts worry from development advocate | CBC News

Housing starts in Vancouver are down 42 per cent compared with last July — a signal, according to a development advocate, that it's become too costly to build new homes.

cbc.ca

B.C.’s middle class needs a real path to homeownership, not another complicated government program. In @vancouversun.bsky.social, UDI Board Chair Rick Ilich argues that governments should focus on practical tools that help people buy homes. Read the op-ed: vancouversun.com/opinion/op-e... 1/2

Opinion: B.C.'s middle class needs mortgages, not a government buyout of empty condos

Rick Ilich: If governments genuinely want to tackle housing affordability, they must pivot toward immediate structural reforms.

vancouversun.com

The proposed condo purchase program is not what we asked for; rather, we asked for simpler, more direct tools to support affordability & help new housing move forward. Broader GST relief, similar to what ON introduced, is the better path. Read the @timescolonist.bsky.social story shorturl.at/JCcNS

B.C. developers say they don't want a buyout for empty condos

The Urban Development Institute and others in the industry say they would rather see the province remove purchase taxes or cover part of the price.

timescolonist.com

UDI will not be holding the Awards for Excellence in 2026. We are in one of the worst housing markets in decades. Projects are stalled, investment is constrained & job losses are spreading. A recognition event would be out of step w/the realities our members are facing. 1/3

UDI Awards for Excellence graphic announcing that the 2026 program is cancelled. The design features black, white, and gold typography alongside a collage of black-and-white architectural building images.

We are pleased to announce that Michael Drummond has been appointed CEO of UDI. He previously served as Executive Vice President before stepping into the Interim CEO role during one of the most critical periods in B.C.’s housing sector. 1/2

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When development fees rise, so do home prices. In her latest op-ed for the @vancouversun.bsky.social UDI President & CEO Anne McMullin outlines how increased fees on builders are ultimately passed on to buyers, acting as a hidden tax on new housing. vancouversun.com/opinion/op-e... #bchousing

Opinion: Increased development fees translate to higher prices for new homebuyers

As these charges increase, developers will have to increase the price of housing to make it economically feasible to build

vancouversun.com

UDI’s Real Estate & Development (RaD) Management Program: Now available across BC! Pre-register by Sept 9 & save 10% Designed for professionals working in the development industry, this 9-course online program covers everything from pro formas to marketing. udibc.glueup.com/event/real-e...

Real Estate and Development (RaD) Management Program 25/26 | Urban Development Institute

The Real Estate and Development (RaD) Management Program is a nine-course education series that introduces participants to the key stages of real estate development in British Columbia. Designed for p...

udibc.glueup.com

As rents and new home prices come down across B.C. we are working on reducing costs so we can continue to see new housing supply. Last week we announced deferral of Development Cost Charges for new homes. This week B.C. Hydro stepping up to lower costs and expedite new connections.🙌🏾

Adrian Dix@adriandix.bsky.social · last yr.

We've lowered the cost and sped up the timeline for new homes and businesses connecting to BC Hydro. 🔌 A simple connection to a new single-family home has dropped by more than 90% - from over $800 to now be as low as $64. 🏡 👉 news.gov.bc.ca/32550 @ravikahlon.bsky.social @udibc.bsky.social

Big move from the Province: ✔️ 25% of fees at building permit ✔️ 75% deferred until occupancy or 4 yrs ✔️ Surety bonds accepted This is a smart step that reflects what industry has been asking for. @udibc is at the table and will keep pushing for practical solutions. #bcpoli #bcre

Ravi Kahlon@ravikahlon.bsky.social · last yr.

We’ve heard from homebuilders across B.C. - they want to build homes, but rising costs are a challenge. Today, we’re making it easier to get homes built by development costs to occupancy with a 25% deposit up front. Lowering the costs of building much needed homes across BC🙌🏾