Menu Filter

Victoria Housing Starts Return to Historical Average in January

CMHC reports Victoria’s housing starts remain steady but returned to their historical average in January after an exceptionally strong 2016. They report 64 single-detached and 111 multi-family. This is in line with Yellow Sheet Construction Data’s report showing reduced building permit values at the end of last year.

This also supports our view that the economy and regulatory challenges are by far the most influential factors in our market, not foreign buyers.  Read and

Victoria’s housing starts are here.

BC housing starts are here.

There are no responses so far.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join the Victoria Residential Builders Association – Sign up to become a member

CARE Awards Gold Sponsors

BCCA Employee Benefit Trust logo
previous arrow
previous arrow
next arrow
next arrow