According to CMHC, year- to-date, (Jan to May 2026) Greater Victoria has posted 1,789 new homes, a 30% increase from the 1,379 last year (Jan to May 2025). That said, there were only 233 new homes in May 2026 compared with 376 in May 2025 and 864 last month (April 2026.) The bellwether for housing supply in Greater Victoria is Langford, which is down 40% to 306 (Jan to May 2026) from 506 new homes (Jan to May 2025). For decades, Langford has bee…
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