Category: Housing data

Greater Victoria Housing Starts Up 20%

According to CMHC, there has been a 20% increase in housing starts in Greater Victoria (1,572) from January to May 2024 vs the same period last year (1,312). Yet there is a 92% decline in City of Victoria housing starts with only 20 units vs 247 last year –...

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Oppose Another “Housing Tax” in CRD

The Capital Regional District (CRD) is considering a Regional Water Supply Development Cost Charge (DCC) Program to fund expensive, upstream water infrastructure projects. The VRBA is opposed to this program based on housing affordability and here’s why. When new...

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Measure Housing Starts for Supply Targets

On September 26, 2023, BC’s Ministry of Housing announced housing supply targets over five years for ten municipalities. In our region, these included Oak Bay (664), Saanich (4,610), Victoria (4,902). The government recently added Central Saanich, Colwood, Esquimalt,...

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West Shore Drives New Housing Increase

According to CMHC, there has been a 21% increase in Greater Victoria housing starts from January to April with 1,422 units this year vs 1,179 in 2023. Most of the increase is in the West Shore’s Langford (785) and Colwood (318). There are zero new homes in...

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Study Shows Housing Best Served by Market

The federal and provincial governments have announced a few local sites for potential housing development in our region. For example, the BC government, through BC Builds, identified eight sites in the province, including one in Sooke and another in North Cowichan,...

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