{
  "id": "housing-target-progress",
  "parent": "new-homes-approved",
  "category": "Housing",
  "title": "Net new homes compared with the provincial housing target",
  "geography": "City of Victoria (municipality)",
  "scope": "city",
  "levels": [
    "Provincial (Housing Supply Act targets)",
    "Municipal (approvals)",
    "Private and non-profit builders"
  ],
  "plain_question": "How many net new homes (completed minus demolished) has the City added since the Province set its housing target, and how does that compare with the target?",
  "value": 2359,
  "display_value": "2,359",
  "unit": "net new homes since Oct 2023 (target to date 1,425)",
  "period": "October 1, 2023 to September 30, 2025",
  "period_start": "2023-10-01",
  "period_end": "2025-09-30",
  "comparison": {
    "previous_period": "to Sep 30, 2024",
    "previous_value": 1477,
    "change_percent": null
  },
  "since_text": "Target to date: 1,425. Five-year target: 4,902 by Sep 2028 (48% reached). 2,543 homes left, 848 a year needed, 882 delivered in year 2.",
  "pace": {
    "left": 2543,
    "years_left": 3,
    "needed_per_year": 848,
    "latest_year": 2,
    "delivered_latest_year": 882,
    "text": "2,543 homes left, 848 a year needed, 882 delivered in year 2."
  },
  "trend": "context",
  "trend_basis": "2,359 net new homes from October 1, 2023 to September 30, 2025, against a cumulative target of 1,425 for that date set in the Province's Housing Target Order (166% of the target to date; 48% of the five-year target of 4,902). Year 1: 1,536 completed, 59 demolished, 1,477 net new. Year 2: 911 completed, 29 demolished, 882 net new.",
  "direction_good": "up",
  "right_direction": "The target is set by the Province under the Housing Supply Act; it is shown as published. This page compares the City's reported count with that target and gives no other judgement.",
  "caveats": [
    "Net new homes = homes completed (occupancy permits issued) minus homes demolished, as reported by the City to the Province on the Province's form.",
    "The target counts all homes, whatever their size or price. See the family-size and below-market breakdown measure.",
    "Each reporting year runs from October 1 to September 30. Under Schedule C of the order, Council must receive each progress report within 45 days of the end of the reporting period.",
    "Homes completed reflect approvals made years earlier."
  ],
  "charts": [
    {
      "title": "Net new homes since October 2023, compared with the cumulative target",
      "fmt": "int",
      "unit": "homes",
      "lines": [
        {
          "name": "Cumulative target (Housing Target Order)",
          "area": "city",
          "series": [
            {
              "period": "2024-09",
              "value": 659
            },
            {
              "period": "2025-09",
              "value": 1425
            },
            {
              "period": "2026-09",
              "value": 2352
            },
            {
              "period": "2027-09",
              "value": 3493
            },
            {
              "period": "2028-09",
              "value": 4902
            }
          ]
        },
        {
          "name": "Net new homes reported (cumulative)",
          "area": "city",
          "series": [
            {
              "period": "2024-09",
              "value": 1477
            },
            {
              "period": "2025-09",
              "value": 2359
            }
          ]
        }
      ]
    }
  ],
  "series_note": "Reporting years end September 30",
  "calc": {
    "formula": "Net new homes = completions − demolitions, added up since October 1, 2023 (as reported). Share of target = net new homes ÷ cumulative target for the same date.",
    "steps": [
      "Year 1: 1,536 − 59 = 1,477; since the order 1,477 against 659.",
      "Year 2: 911 − 29 = 882; since the order 2,359 against 1,425.",
      "Pace: 4,902 − 2,359 = 2,543 homes left; 2,543 ÷ 3 reporting years left = 847.7, rounded up to 848 a year."
    ],
    "inputs": [
      {
        "name": "Housing Target Progress Report, City of Victoria, year 1",
        "agency": "City of Victoria report to the B.C. Ministry of Housing, published by the Province",
        "url": "https://www2.gov.bc.ca/assets/gov/housing-and-tenancy/tools-for-government/uploads/city_of_victoria_annual_progress_report_nov_2024pdf.pdf",
        "dataset_url": "https://www2.gov.bc.ca/gov/content/housing-tenancy/local-governments-and-housing/housing-targets/reports",
        "period": "Year 1 (to Sep 30, 2024)",
        "licence": {
          "name": "Public data, not under an open licence. Used with attribution.",
          "url": "https://www2.gov.bc.ca/gov/content/home/copyright",
          "open": false
        },
        "data_published": "2025-01-24"
      },
      {
        "name": "Housing Target Progress Report, City of Victoria, year 2",
        "agency": "City of Victoria report to the B.C. Ministry of Housing, published by the Province",
        "url": "https://www2.gov.bc.ca/assets/gov/housing-and-tenancy/tools-for-government/housing-targets/city_of_victoria_-_year_2_housing_targets_progress_report_nov_2025.pdf",
        "dataset_url": "https://www2.gov.bc.ca/gov/content/housing-tenancy/local-governments-and-housing/housing-targets/reports",
        "period": "Year 2 (to Sep 30, 2025)",
        "licence": {
          "name": "Public data, not under an open licence. Used with attribution.",
          "url": "https://www2.gov.bc.ca/gov/content/home/copyright",
          "open": false
        },
        "data_published": "2025-11-13"
      },
      {
        "name": "Housing Target Order for the City of Victoria (Ministerial Order M286/2023), Schedules A and C",
        "agency": "B.C. Minister of Housing",
        "url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023",
        "dataset_url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023",
        "period": "October 1, 2023 to September 30, 2028",
        "licence": {
          "name": "Public data, not under an open licence. Used with attribution.",
          "url": "https://www2.gov.bc.ca/gov/content/home/copyright",
          "open": false
        },
        "data_published": ""
      }
    ]
  },
  "refresh_frequency": "Annually (reporting year ends September 30; report received by Council within 45 days)",
  "data_published": "2025-11-13",
  "data_published_basis": "received by Council",
  "release_text": "Received by Council November 13, 2025 (covers Oct 1, 2024–Sep 30, 2025)",
  "next_release": {
    "date": "2026-11-14",
    "text": "Next report due by November 14, 2026 (Oct 1, 2025–Sep 30, 2026)",
    "source": "Ministerial Order M286/2023, Schedule C",
    "url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023"
  },
  "verified_text": [
    "Housing Target Order M286/2023, Schedule A: five-year housing target for the City of Victoria is 4,902 Units; Year 1: 659; Year 2: 1,425; Year 3: 2,352; Year 4: 3,493; Year 5: 4,902",
    "Housing Target Order M286/2023, Schedule C: “must receive the progress report by resolution within 45 days of the end of the reporting period”; Reporting Period 1.1: October 1, 2023 – March 31, 2024; Reporting Period 1.2: October 1, 2023 – September 30, 2024; Reporting Period 2: October 1, 2024 – September 30, 2025; Reporting Period 3: October 1, 2025 – September 30, 2026; Reporting Period 4: October 1, 2026 – September 30, 2027; Reporting Period 5: October 1, 2027 – September 30, 2028",
    "Year 1 report: Total 1536 59 1477 1477 | Below Market3 183 15 168 168 | Three Bedroom 67 8 59 59 | Four or More Bedroom1 14 1 13 13",
    "Year 2 report: “Date Received by Council Resolution November 13, 2025”",
    "Year 2 report: Total 911 29 882 2,359 | Below Market3 - Total 195 0 195 363 | Three Bedroom 60 9 51 110 | Four or More Bedroom1 58 0 58 71"
  ],
  "source": {
    "name": "Calculated here from City of Victoria report to the B.C. Ministry of Housing, published by the Province and B.C. Minister of Housing data",
    "url": "https://www2.gov.bc.ca/assets/gov/housing-and-tenancy/tools-for-government/housing-targets/city_of_victoria_-_year_2_housing_targets_progress_report_nov_2025.pdf",
    "dataset_url": "https://www2.gov.bc.ca/gov/content/housing-tenancy/local-governments-and-housing/housing-targets/reports",
    "publisher_page": "https://www2.gov.bc.ca/assets/gov/housing-and-tenancy/tools-for-government/uploads/city_of_victoria_annual_progress_report_nov_2024pdf.pdf",
    "page_url": "https://www2.gov.bc.ca/assets/gov/housing-and-tenancy/tools-for-government/housing-targets/city_of_victoria_-_year_2_housing_targets_progress_report_nov_2025.pdf#page=2",
    "page": 2,
    "locator": "City of Victoria Year 2 progress report, page 2, “Total” row, cumulative net new units; target from Ministerial Order M286/2023, Schedule A",
    "reads": "Total row, cumulative net new units: 2,359 (Year 2). Order, Schedule A: Year 2 target 1,425; five-year target 4,902"
  },
  "licence": {
    "name": "Public data, not under an open licence. Used with attribution.",
    "url": "https://www2.gov.bc.ca/gov/content/home/copyright",
    "open": false
  },
  "derived": true,
  "retrieved_at": "2026-11-12T03:53:09Z",
  "series": [
    {
      "period": "2024-09",
      "value": 659
    },
    {
      "period": "2025-09",
      "value": 1425
    },
    {
      "period": "2026-09",
      "value": 2352
    },
    {
      "period": "2027-09",
      "value": 3493
    },
    {
      "period": "2028-09",
      "value": 4902
    }
  ],
  "licence_type": "public",
  "source_tier": 1,
  "measure_kind": "service result",
  "better_measure": null,
  "status_rule": {
    "rule": "One rule for every measure: a change smaller than 5% of the earlier value, or smaller than the agency's own margin of error, is “About the same”; no change is calculated across a marked break in a series; homelessness estimates, prices, staffing and comparison pages are shown for context without a label.",
    "reason": "Shown for context, without a better or worse label.",
    "threshold_percent": 5.0
  },
  "changes": {
    "year": null,
    "five_year": null
  },
  "direction": {
    "type": "target",
    "rule": "Outcome measures read Better, Worse or About the same; published government targets read Ahead of, On or Behind target; value-judgement measures read Rising, Falling or Steady in a neutral colour. A change smaller than the agency's own margin of error, or otherwise smaller than 5% of the earlier value, is About the same (or Steady). No change is calculated across a marked break in a series.",
    "key": "ahead",
    "label": "Ahead of target",
    "target": 1425,
    "ratio": 1.6554385964912282,
    "one_year": "+882 in year 2",
    "why": "2,359 net new homes against a target to date of 1,425 (the cumulative target for year 2 in Ministerial Order M286/2023, Schedule A), 166% of the target to date. Within 5% either side of the target to date reads On target.",
    "target_source": [
      "Housing Target Order M286/2023 (B.C. Minister of Housing), Schedule A",
      "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023"
    ],
    "long_why": "The headline is a total the agency’s file does not give for earlier periods, so there is no longer reading."
  },
  "benchmark": {
    "rung": 1,
    "rung_name": "Adopted target",
    "as_of": "2026-11-12",
    "items": [
      {
        "kind": "target",
        "label": "Adopted target",
        "text": "Adopted target: the Province’s Housing Target Order for Victoria. The cumulative target is drawn as its own line. The next progress report is due November 14, 2026; this page will update after it is published.",
        "area": "City of Victoria",
        "source": {
          "title": "Housing Target Order M286/2023, City of Victoria",
          "publisher": "Province of B.C. (Minister of Housing)",
          "date": "2023",
          "url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023",
          "terms": "https://www2.gov.bc.ca/gov/content/home/copyright",
          "refresh": "Yearly progress reports",
          "licence": "Public document, not under an open licence. Quoted with attribution.",
          "checked": "2026-11-12",
          "key": "hto"
        },
        "documents_checked": null
      }
    ],
    "drawn": [],
    "rule": "Highest rung found is shown; the site never sets a target. Methods, Targets."
  },
  "benchmarks": [
    {
      "rung": 1,
      "kind": "target",
      "label": "Housing Target Order M286/2023: cumulative targets for each year, drawn as their own line",
      "short": "Target to date",
      "unit": "net new homes",
      "value": null,
      "by_date": "2028-09-30",
      "baseline_value": null,
      "baseline_date": null,
      "set_by": "BC",
      "instrument": "order",
      "document": "hto",
      "page": null,
      "area": null,
      "fit": "full",
      "same_area": true,
      "polarity": "higher_is_better",
      "path": true,
      "standing": false,
      "drawn": false,
      "document_url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023",
      "applies_here": true,
      "same_measure": true
    }
  ],
  "highest_rung": 1,
  "target_status": {
    "method": "official_checkpoint",
    "label": "Ahead of target",
    "key": "ahead",
    "value": 2359,
    "target": 1425,
    "calculated_here": false,
    "text": "2,359 net new homes against a target to date of 1,425 (the cumulative target for year 2 in Ministerial Order M286/2023, Schedule A), 166% of the target to date. Within 5% either side of the target to date reads On target."
  },
  "decided_by": [
    {
      "body": "BC",
      "name": "Province of B.C.",
      "decides": "Sets the City’s housing target by order.",
      "laws": [
        {
          "key": "hsa2",
          "label": "Housing Supply Act, s. 2",
          "url": "https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/22038#section2"
        },
        {
          "key": "m286",
          "label": "Ministerial Order M286/2023 (Victoria housing target order)",
          "url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023"
        }
      ],
      "last": {
        "text": "Order made September 23, 2023",
        "label": "Ministerial Order M286/2023 (Victoria housing target order)",
        "url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023"
      },
      "next": {
        "text": "Order ends September 30, 2028",
        "label": "Ministerial Order M286/2023 (Victoria housing target order)",
        "url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023"
      }
    },
    {
      "body": "COV",
      "name": "City of Victoria Council",
      "decides": "Reports progress on the target every year, and decides zoning and approvals in the City.",
      "laws": [
        {
          "key": "m286",
          "label": "Ministerial Order M286/2023 (Victoria housing target order)",
          "url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023"
        },
        {
          "key": "lga479",
          "label": "Local Government Act, s. 479",
          "url": "https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/r15001_14#section479"
        }
      ],
      "last": null,
      "next": {
        "text": "Progress report due by November 14, 2026 (within 45 days of September 30)",
        "label": "Ministerial Order M286/2023 (Victoria housing target order)",
        "url": "https://www.bclaws.gov.bc.ca/civix/document/id/mo/mo/m0286_2023"
      }
    }
  ],
  "main_decision_maker": "Province of B.C.",
  "label_1y": {
    "key": "ahead",
    "label": "Ahead of target"
  },
  "label_long": null,
  "target_line": {
    "form": 1,
    "text": "Target to date 1,425 · 934 ahead",
    "target": 1425.0,
    "gap": "934 ahead",
    "comparison": null,
    "applies_here": true,
    "note": null
  }
}