US EditionJanuary Housing Starts Lowest in 5 Years in CRD - Victoria Residential Builders Association
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January Housing Starts Lowest in 5 Years in CRD - Victoria Residential Builders Association
Despite provincially-mandated housing targets and rezonings, CMHC reports Greater Victoria’s 105 housing starts in January 2025 are 42% lower than the 182 starts in January 2024. In fact, this year is the lowest in 5 years: January 2025 – 105; 182 in 2024; 463 in 2023; 286 in 2022; 216 in 2021. BC govt and municipal officials claim housing supply is improving despite evidence to the contrary. These claims are not credible and reveal poor policy …
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