Victoria indicators

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New homes approved per 1,000 residents

Calculated hereArea: City of Victoria compared with Comparison area: Capital Region Comparison area: All of B.C. Calendar years 2023–2025 (yearly average) · Where this covers · How we calculated this

11.0 a year per 1,000 residents

Getting better

Was 10.0 in 2020–2022. 2025: City 15.8, Capital Region 9.7, B.C. 8.3

Source: Calculated here from BC Stats data, Calendar years 2023–2025 · How we calculated this

What it measures

New homes in building permits issued each year for every 1,000 residents, in the City of Victoria, the Capital Region and all of B.C. The headline is the City’s average over the latest three years.

Why it matters

Places differ in size. A rate per 1,000 residents shows how the City’s approvals compare with the region and the province on an equal footing.

Over time

New homes approved per 1,000 residents, each year

  • City of Victoria: 15.8 per 1,000 (2025)
  • Capital Region: 9.7 per 1,000 (2025)
  • All of B.C.: 8.3 per 1,000 (2025)
Line chart of 3 lines, 8 periods from 2018 to 2025. City of Victoria: starts at 13.7 per 1,000 (2018), ends at 15.8 per 1,000 (2025); highest 15.8 per 1,000 (2025), lowest 6.0 per 1,000 (2020). Capital Region: starts at 12.4 per 1,000 (2018), ends at 9.7 per 1,000 (2025); highest 12.4 per 1,000 (2018), lowest 7.7 per 1,000 (2020). All of B.C.: starts at 9.3 per 1,000 (2018), ends at 8.3 per 1,000 (2025); highest 10.1 per 1,000 (2022), lowest 7.6 per 1,000 (2020). Every value is in the table.0.010.020.020192021202320252018: City of Victoria: 13.7 per 1,000; Capital Region: 12.4 per 1,000; All of B.C.: 9.3 per 1,0002019: City of Victoria: 6.3 per 1,000; Capital Region: 8.3 per 1,000; All of B.C.: 9.0 per 1,0002020: City of Victoria: 6.0 per 1,000; Capital Region: 7.7 per 1,000; All of B.C.: 7.6 per 1,0002021: City of Victoria: 12.5 per 1,000; Capital Region: 11.5 per 1,000; All of B.C.: 8.9 per 1,0002022: City of Victoria: 11.4 per 1,000; Capital Region: 10.4 per 1,000; All of B.C.: 10.1 per 1,0002023: City of Victoria: 8.1 per 1,000; Capital Region: 10.4 per 1,000; All of B.C.: 8.9 per 1,0002024: City of Victoria: 9.1 per 1,000; Capital Region: 11.9 per 1,000; All of B.C.: 8.1 per 1,0002025: City of Victoria: 15.8 per 1,000; Capital Region: 9.7 per 1,000; All of B.C.: 8.3 per 1,000

The scale starts at 0.0. Tap, hover or drag along the chart to see each value.

How we decided “getting better”

A higher number means more new homes are being approved relative to the number of people who live there. City of Victoria: 11.0 homes approved a year per 1,000 residents in 2023–2025, compared with 10.0 in 2020–2022 (+10.5%). Three-year averages are used because one large building can swing a single year. Same period: Capital Region 10.7, B.C. 8.5. The rules.

How we calculated this

Calculated here This figure is not published by an agency as is. It is calculated here, by script, from the public data listed below. It belongs with New homes approved by the City.

Formula

Homes approved per 1,000 residents = residential units in building permits issued in the year ÷ population on July 1 × 1,000. Headline: three years of units ÷ three years of population × 1,000.

With the latest numbers

  • City of Victoria 2025: 1,646 ÷ 103,888 × 1,000 = 15.8.
  • Capital Region 2025: 4,518 ÷ 464,082 × 1,000 = 9.7.
  • All of B.C. 2025: 47,430 ÷ 5,697,536 × 1,000 = 8.3.
  • City 2023–2025: 3,392 ÷ 307,522 × 1,000 = 11.0 a year.

Inputs

Keep in mind

  • Calculated here: residential units in building permits (Statistics Canada's Building Permits survey, published by BC Stats) divided by BC Stats' July 1 population estimate for the same area and year.
  • Approvals are not completions. Some approved homes are built years later, and some are never built.
  • Single years are lumpy, so the headline uses three-year averages. The chart shows each year.
  • Municipal reporting to the survey is not always complete. Years before 2018 are not directly comparable. The current year (2026) is incomplete and not shown.

Retrieved Nov 11, 2026, 12:38 AM B.C. time. This page’s data and calculation (JSON).

Source

Calculated here from
BC Stats (from Statistics Canada's Building Permits survey), BC Stats
Period
Calendar years 2023–2025 (yearly average)
Updated
Monthly (permits); annually (population)
Retrieved
Nov 11, 2026, 12:38 AM B.C. time

Adapted from Statistics Canada, Building Permits. This does not constitute an endorsement by Statistics Canada of this product.

Show the numbers as a table
New homes approved per 1,000 residents, each year (newest first)
PeriodCity of VictoriaCapital RegionAll of B.C.
202515.89.78.3
20249.111.98.1
20238.110.48.9
202211.410.410.1
202112.511.58.9
20206.07.77.6
20196.38.39.0
201813.712.49.3

Where this covers

Area: City of Victoria

The City of Victoria municipality only, all neighbourhoods.

Included

  • All City of Victoria neighbourhoods, including Downtown, James Bay, Fairfield, Fernwood, Oaklands, Hillside/Quadra, North Park, Burnside, Victoria West, Rockland, Jubilee and Gonzales

Not included

  • Saanich, Oak Bay, Esquimalt, Langford and every other municipality in the region

Official definition

Shown for comparison

  • Comparison area: Capital Region The Capital Regional District: 13 municipalities and 3 electoral areas, including the Southern Gulf Islands and Salt Spring Island.
  • Comparison area: All of B.C. The whole province of British Columbia. No open figure is published for Victoria alone.

How the agency describes it: City of Victoria, compared with the Capital Regional District and British Columbia.

Connected to: Municipal (permits issued by the City), Private builders. This is a label, not a judgement.

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