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Victoria’s Housing Starts Surpass 2015

Seven months into the year, Victoria’s housing starts have surpassed the total for 2015.

As of July 31, Greater Victoria posted 2,028 starts vs 2,008 for all of last year. Single detached are at 540 vs last year’s 360 and multi’s are 1,488 vs 810. CMHC attributes much of the increase in multi’s to a surge in rentals.

The CMHC stats for Victoria are here.

Stats for BC are here.

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