Victoria indicators

← All measures

New homes started, last 12 months

Area: Greater Victoria (CMA) 12 months to September 2026 · Where this covers

4,060 homes

Getting worse

Was 4,890 in 12 months to Sep 2025

Source: CMHC, via Statistics Canada, 12 months to Sep 2026 · Full source

What it measures

How many new homes builders began constructing in Greater Victoria over the latest 12 months.

Why it matters

More homes being built adds to supply over time, which matters for both rents and prices.

Over time

Line chart, 24 periods from Oct 2024 to Sep 2026. New homes started, last 12 months: starts at 4,466 homes (Oct 2024), ends at 4,060 homes (Sep 2026); highest 5,412 homes (Apr 2026), lowest 3,411 homes (Aug 2026). Every value is in the table.02,0004,0006,000Dec ’24Jul ’25Feb ’26Sep ’264,0604,466Oct 2024: 4,466 homesNov 2024: 4,312 homesDec 2024: 4,185 homesJan 2025: 4,108 homesFeb 2025: 3,974 homesMar 2025: 3,881 homesApr 2025: 3,766 homesMay 2025: 3,992 homesJun 2025: 4,618 homesJul 2025: 4,846 homesAug 2025: 5,026 homesSep 2025: 4,890 homesOct 2025: 4,955 homesNov 2025: 4,913 homesDec 2025: 4,859 homesJan 2026: 5,161 homesFeb 2026: 5,173 homesMar 2026: 4,939 homesApr 2026: 5,412 homesMay 2026: 5,269 homesJun 2026: 4,392 homesJul 2026: 3,977 homesAug 2026: 3,411 homesSep 2026: 4,060 homes

The scale starts at 0. Tap, hover or drag along the chart to see each value.

How we decided “getting worse”

A higher number means builders began construction on more new homes. 4,060 homes in the 12 months to September 2026 compared with 4,890 in the 12 months to September 2025 (-17.0%). The rules.

Source

Period
12 months to September 2026
Updated by agency
Monthly; latest release Oct 19, 2026
Retrieved
Nov 10, 2026, 11:52 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 starts, all unit types), 12 months to September 2026. 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.

Show the numbers as a table
New homes started, last 12 months, Greater Victoria (CMA) (newest first)
PeriodValue
2026-094,060
2026-083,411
2026-073,977
2026-064,392
2026-055,269
2026-045,412
2026-034,939
2026-025,173
2026-015,161
2025-124,859
2025-114,913
2025-104,955
2025-094,890
2025-085,026
2025-074,846
2025-064,618
2025-053,992
2025-043,766
2025-033,881
2025-023,974
2025-014,108
2024-124,185
2024-114,312
2024-104,466

Keep in mind

  • A start is when construction begins on a new home (the foundation is in place). It is not a completion and does not show whether homes are affordable.
  • Monthly counts swing a lot, because one large building can add hundreds of homes in a single month, so this page adds up 12 months. The 12-month total is calculated here from CMHC's monthly counts.
  • Counts include all home types (houses, row homes, apartments and condominiums, and purpose-built rentals).
  • The area is the Victoria census metropolitan area, which is larger than the City of Victoria. Geographic definitions are updated every five years, so historical comparisons are not exact.

Where this covers

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

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

Connected to: Private builders, Municipal and Provincial approvals and policy. This is a label, not a judgement.