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Housing Starts Increase in Victoria and BC

CMHC reports housing starts in Greater Victoria continued to increase in March posting 144 single family homes year-to-date and 332 multi-family units for a total of 476 new homes vs 191 last year. Fifty-seven single family homes were built in March 2015 compared with only 30 in March 2014. This reflects a stronger economy and more skilled jobs in our region.

Similar results are found in BC. Total starts year-to-date are 6,165 vs 5,560 last year.

The Victoria report is here.

The BC report is here.

 

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