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CMHC Reports 407 New Homes in January
Summary by Victoria Residential Builders Association
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CMHC Reports 407 New Homes in January
CMHC reports 407 housing starts in January 2026 in Greater Victoria. This is a 12% decline from 463 in December 2025, however one month is insufficient data to determine a trend. In January 2026, there were only 105 starts and the year ended in very high numbers. That said, most of January’s new homes would reflect projects initiated a year ago or longer. Moving forward, CMHC says, “We expect new construction to continue trending lower going for…
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