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August Posts Big Rise in Single Detached Housing Starts

CMHC released the housing starts data for August and the numbers showed a big jump in single detached construction at 87 homes vs 46 homes in August of last year. It’s been a long time since Victoria posted 87 single detached homes in one month, perhaps not since before the global housing decline in 2009. Langford represented almost half of the starts (41) which indicates they lead the region in population growth and housing affordability. Most municipalities in BC are also seeing increases.

Housing starts for Victoria are here.

Housing starts for BC are here.

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