Homes under construction

The change is 6.8% of the earlier value, at or above the 5% threshold.

More homes under construction means more housing on the way. It reads like housing starts, in the same family (brief rule C7). Average of the latest 12 monthly counts: 8,866, against 8,298 for the 12 months before. September 2026: 9,353 (8,637 a year earlier).

Outcome measures read Better, Worse or About the same; published government targets read Ahead of, On or Behind target; value-judgement measures read Rising, Falling or Steady in a neutral colour. A change smaller than the agency's own margin of error, or otherwise smaller than 5% of the earlier value, is About the same (or Steady). No change is calculated across a marked break in a series. The rule.

Why it matters. It shows how much housing is in the pipeline between starts and completions.

• CMHC counts a home as under construction from its start until it is completed.
• The headline averages the latest 12 monthly counts (brief rule C3). The latest month is shown as a line.
• Apartments take longer to build than houses, so a rise can mean more homes or slower building.

Area: Greater Victoria (CMA)

Statistics Canada’s Victoria metropolitan area: 13 municipalities plus nearby electoral-area and reserve lands.

Included

• Victoria
• Saanich
• Oak Bay
• Esquimalt
• View Royal
• Langford
• Colwood
• Highlands
• Metchosin
• Sooke
• Central Saanich
• North Saanich
• Sidney
• Juan de Fuca electoral area, part 1 (for example East Sooke, Jordan River and Shirley)
• First Nations reserves: Cole Bay 3, Union Bay 4, East Saanich 2, South Saanich 1, Becher Bay 1, Esquimalt, New Songhees 1A and T'Sou-ke

Not included

• Salt Spring Island
• Southern Gulf Islands (Galiano, Mayne, Pender and Saturna islands)
• Port Renfrew area (Juan de Fuca electoral area, part 2)

Official definition

• Statistics Canada: Victoria census metropolitan area (CMA 935), 2021 definition

How the agency describes it: Victoria census metropolitan area (Greater Victoria).

This number is published by the agency as shown; it is not calculated here. The script reads it from the agency’s own file.

Published under an open licence: anyone may reuse it with credit. About licences.

Published by

CMHC Starts and Completions Survey, published by Statistics Canada, table 34-10-0154-01

Licence

CMHC Licence Agreement for the Use of Data; also listed as Open Government Licence - Canada

Updated by agency

Monthly; latest release Oct 19, 2026

Retrieved

Nov 11, 2026, 11:09 PM B.C. time

The open.canada.ca record lists this table under the Open Government Licence - Canada; the Statistics Canada table footnote says CMHC's licence governs. Both allow free reuse with attribution.

Adapted from Canada Mortgage and Housing Corporation, Starts and Completions Survey, housing under construction. This does not constitute an endorsement by Canada Mortgage and Housing Corporation of this product. Adapted from Statistics Canada, table 34-10-0154-01. This does not constitute an endorsement by Statistics Canada of this product.