Net new homes vs the provincial target
Calculated herePublic, not open-licensedArea: City of Victoria October 1, 2023 to September 30, 2025 · Where this covers · How we calculated this
2,359 net new homes since Oct 2023
For context
Target to date: 1,425. Five-year target: 4,902 by Sep 2028 (48% reached). Year 2: 882 net new
Source: Calculated here from City of Victoria reports to the Province, Oct 1, 2023 to Sep 30, 2025 · How we calculated this
What it measures
Homes completed minus homes demolished in the City since October 1, 2023, compared with the cumulative target in the Province’s Housing Target Order for the City.
Why it matters
The Province set a five-year target for new homes in Victoria. This shows progress against that target, using the City’s own reports.
Over time
Net new homes since October 2023, compared with the cumulative target
- Cumulative target (Housing Target Order): 4,902 homes (Sep 2028)
- Net new homes reported (cumulative): 2,359 homes (Sep 2025)
Reading this page
The target is set by the Province under the Housing Supply Act; it is shown as published. This page compares the City's reported count with that target and gives no other judgement. 2,359 net new homes from October 1, 2023 to September 30, 2025, against a cumulative target of 1,425 for that date set in the Province's Housing Target Order (166% of the target to date; 48% of the five-year target of 4,902). Year 1: 1,536 completed, 59 demolished, 1,477 net new. Year 2: 911 completed, 29 demolished, 882 net new. The rules.
How we calculated this
Calculated herePublic, not open-licensed 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
Net new homes = completions − demolitions, added up since October 1, 2023 (as reported). Share of target = net new homes ÷ cumulative target for the same date.
With the latest numbers
- Year 1: 1,536 − 59 = 1,477; since the order 1,477 against 659.
- Year 2: 911 − 29 = 882; since the order 2,359 against 1,425.
Inputs
Housing Target Progress Report, City of Victoria, year 1
- Published by
- City of Victoria report to the B.C. Ministry of Housing, published by the Province
- Period used
- Year 1 (to Sep 30, 2024)
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Latest release
- not stated
Housing Target Progress Report, City of Victoria, year 2
- Published by
- City of Victoria report to the B.C. Ministry of Housing, published by the Province
- Period used
- Year 2 (to Sep 30, 2025)
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Latest release
- not stated
Housing Target Order for the City of Victoria (Ministerial Order M286/2023), Schedule A
- Published by
- B.C. Minister of Housing
- Data
- Dataset page
- Period used
- October 1, 2023 to September 30, 2028
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Latest release
- not stated
Keep in mind
- Net new homes = homes completed (occupancy permits issued) minus homes demolished, as reported by the City to the Province on the Province's form.
- The target counts all homes, whatever their size or price. See the family-size and below-market breakdown measure.
- Each reporting year runs from October 1 to September 30. The next report is due after each September 30.
- Homes completed reflect approvals made years earlier.
Retrieved Nov 11, 2026, 1:35 AM B.C. time. This page’s data and calculation (JSON).
Source
- Calculated here from
- City of Victoria report to the B.C. Ministry of Housing, published by the Province, B.C. Minister of Housing
- Licences
- Public data, not under an open licence. Used with attribution. Terms: B.C. Minister of Housing
- Period
- October 1, 2023 to September 30, 2025
- Updated
- Annually (reporting year ends September 30; report within 45 days)
- Retrieved
- Nov 11, 2026, 1:35 AM B.C. time
- Details
- Formula and every input
Text checked in the agency’s document
The script reads the agency’s own document each time and refuses to show a number unless this text is found.
Housing Target Order M286/2023, Schedule A: five-year housing target for the City of Victoria is 4,902 Units; Year 1: 659; Year 2: 1,425; Year 3: 2,352; Year 4: 3,493; Year 5: 4,902
Year 1 report: Total 1536 59 1477 1477 | Below Market3 183 15 168 168 | Three Bedroom 67 8 59 59 | Four or More Bedroom1 14 1 13 13
Year 2 report: Total 911 29 882 2,359 | Below Market3 - Total 195 0 195 363 | Three Bedroom 60 9 51 110 | Four or More Bedroom1 58 0 58 71
Show the numbers as a table
| Period | Cumulative target (Housing Target Order) | Net new homes reported (cumulative) |
|---|---|---|
| 2028-09 | 4,902 | – |
| 2027-09 | 3,493 | – |
| 2026-09 | 2,352 | – |
| 2025-09 | 1,425 | 2,359 |
| 2024-09 | 659 | 1,477 |
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
How the agency describes it: City of Victoria (municipality).
Connected to: Provincial (Housing Supply Act targets), Municipal (approvals), Private and non-profit builders. This is a label, not a judgement.