UDI OKANAGAN WHAT YOU NEED TO KNOW DEVELOPMENT INDUSTRY IN BC 2015 - - PowerPoint PPT Presentation

▶

Aug 18, 2023 379 likes •603 views

UDI OKANAGAN WHAT YOU NEED TO KNOW DEVELOPMENT INDUSTRY IN BC 2015 David Porte Chair of UDI Pacific Region President, Porte Development Corp. UDI PACIFIC MEMBERSHIP 2013-PRESENT New Members since January 2013 Okanagan: 13 Fraser

SLIDE 1

UDI OKANAGAN – “WHAT YOU NEED TO KNOW”

DEVELOPMENT INDUSTRY IN BC 2015 David Porte Chair of UDI Pacific Region President, Porte Development Corp.

SLIDE 2

UDI PACIFIC MEMBERSHIP 2013-PRESENT

New Members since January 2013 Okanagan: 13 Fraser Valley: 22 Capital Region: 29 Vancouver: 46

SLIDE 3

UDI 2015 POLICY PRIORITIES

Community Amenity Contributions
Transit Plebiscite
Contaminated Sites
Housing Affordability

SLIDE 4

COMMUNITY AMENITY CONTRIBUTIONS

Source: Province of BC

SLIDE 5

CONTAMINATED SITES

Source: Getty Images

SLIDE 6

TRANSIT PLEBISCITE

Do you support a new 0.5% Metro Vancouver Congestion Improvement Tax, to be dedicated to the Mayors’ Transportation and Transit Plan?

Source: Mayors’ Council on Regional Transportation

SLIDE 7

HOUSING AFFORDABILITY – UDI RESEARCH

UDI/VANCITY HOUSING AFFORDABILITY INDEX

SLIDE 8

BC POPULATION GROWTH

Source: BC Stats

SLIDE 9

ANNUAL IMMIGRATION TO BC (1990 - 2016)

Source: BC Stats

SLIDE 10

5-YEAR CANADIAN MORTGAGE RATES (1980-2014)

SLIDE 11

DOW JONES – 3 Year Chart

Source: Bloomberg

SLIDE 12

OIL PRICES – 3 Year Chart

Source: Bloomberg

SLIDE 13

GOLD – 3 Year Chart

Source: Bloomberg

SLIDE 14

KELOWNA CMA RENTAL VACANCY RATES

Source: CMHC Rental Market Report Kelowna CMA Fall 2014

SLIDE 15

KELOWNA OFFICE HISTORICAL PERFORMANCE

Source: Colliers Kelowna Office Market Report Q3 2014

SLIDE 16

VANCOUVER CMA OFFICE HISTORICAL PERFORMANCE

Source: Colliers Metro Vancouver Office Market Report Q4 2014

SLIDE 17

KELOWNA CMA MLS ANNUAL SALES VOLUME

Source: Okanagan Mainline Real Estate Board (OMREB), CMHC Forecast

SLIDE 18

VANCOUVER CMA MLS ANNUAL SALES VOLUME

Source: CMHC Canadian Housing Observer 2014

5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015F 2016F

Vancouver CMA MLS Sales 2004 - 2016F

SLIDE 19

KELOWNA CMA HOUSING STARTS

Source: CMHC Starts and Completion Survey, Forecast

SLIDE 20

VANCOUVER CMA HOUSING STARTS

Source: CMHC Housing Market Outlook Vancouver and Abbotsford CMAs, Fall 2014

SLIDE 21