In one month, housing starts in Greater Victoria were back on pace with last year due to a jump in multi-family construction. In 2016, the CRD posted 1,892 starts year-to-date and this year we are at 1,913. Last year was 2,933 – the highest starts total since 1989. Langford continues to lead rising from 575 last year to 649 this year. Declining starts to date include Saanich, Central Saanich, Highlands and Victoria, although Victoria saw a large boost in July from 90 to 286.

Highlands and Metchosin continue to post very low starts – a total of 15 in 2017. This requires other municipalities such as Langford to step up and address the housing affordability crisis. There is a provincial requirement to address housing affordability in municipal community plans, however the legislation appears to have little impact. The province is reluctant to enforce it based on a clearly failed governance model of self-determination for municipalities.   

The CMHC report on housing starts is here.