US EditionCMHC Reports Housing Starts 33% Lower VS 2024 - Victoria Residential Builders Association
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CMHC Reports Housing Starts 33% Lower VS 2024 - Victoria Residential Builders Association
Despite provincially-mandated housing targets and rezonings, CMHC reports Greater Victoria’s 366 housing starts in March 2025 are 20% lower than the 459 starts in March 2024. Overall, housing starts are down 33% year-to-date at 612 new homes in 2025 vs 916 in 2024. Despite the province’s housing targets and taxpayer-funded projects such as BC Builds, the BC govt’s claim that housing supply is improving is not reflected in the data. New single fa…
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