Victoria indicatorsHomes completed per 100 residents added
55 homes per 100 residents added
Related target only. A target exists for a nearby measure, not for this one, so no gap is shown. Targets and comparisons
Source: CMHC and Statistics Canada (calculated here). We read it on Nov 11, 2026.
Over time
Homes completed per 100 residents added, five years to each year
2025 By year
- 55
M municipal election: Oct 15, 2022P provincial election: Oct 24, 2020; Oct 19, 2024F federal election: Sep 20, 2021; Apr 28, 2025
Homes completed per 100 residents added, five years to each year
2025 By year
- 55
M municipal election: Oct 20, 2018; Oct 15, 2022P provincial election: May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025
Homes completed per 100 residents added, five years to each year
2025 By year
- 55
M municipal election: Nov 19, 2011; Nov 15, 2014; Oct 20, 2018; Oct 15, 2022P provincial election: May 12, 2009; May 14, 2013; May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Jan 23, 2006; Oct 14, 2008; May 2, 2011; Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025Local elections before 2011 are not marked.
More charts (1)
Homes completed and residents added each year
2025 By year
- Homes completed (calendar year) 3,952
- Residents added (July to July) 3,129
M municipal election: Nov 19, 2011; Nov 15, 2014; Oct 20, 2018; Oct 15, 2022P provincial election: May 17, 2005; May 12, 2009; May 14, 2013; May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Jun 28, 2004; Jan 23, 2006; Oct 14, 2008; May 2, 2011; Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025Local elections before 2011 are not marked.
Targets and comparisons
Related targets, not drawn
The Ministry of Housing and Municipal Affairs 2026/27 to 2028/29 Service Plan (February 2026) has no target for the total number of homes completed, for B.C. or for any region. Its housing targets measure is the number of municipalities given an order.
Source: Ministry of Housing and Municipal Affairs 2026/27 to 2028/29 Service Plan, Province of B.C., February 2026. Area: British Columbia. Updated: Yearly, with the provincial budget (February). Licence: Public document, not under an open licence. Quoted with attribution.
Show the numbers as a table
| Period | Per 100 residents added, five years to the year shown |
|---|---|
| 2025 | 55 |
| 2024 | 51 |
| 2023 | 52 |
| 2022 | 48 |
| 2021 | 56 |
| 2020 | 42 |
| 2019 | 37 |
| 2018 | 33 |
| 2017 | 29 |
| 2016 | 26 |
| 2015 | 35 |
| 2014 | 38 |
| 2013 | 44 |
| 2012 | 58 |
| 2011 | 81 |
| 2010 | 68 |
| 2009 | 68 |
| 2008 | 70 |
| 2007 | 66 |
| 2006 | 60 |
| Period | Homes completed (calendar year) | Residents added (July to July) |
|---|---|---|
| 2025 | 3,952 | 3,129 |
| 2024 | 4,435 | 9,277 |
| 2023 | 4,194 | 6,651 |
| 2022 | 2,758 | 11,437 |
| 2021 | 3,907 | 4,698 |
| 2020 | 4,044 | 6,030 |
| 2019 | 3,626 | 6,759 |
| 2018 | 2,668 | 6,382 |
| 2017 | 2,526 | 5,927 |
| 2016 | 1,787 | 9,754 |
| 2015 | 1,765 | 4,611 |
| 2014 | 1,813 | 5,496 |
| 2013 | 1,465 | 6,162 |
| 2012 | 1,591 | 6,240 |
| 2011 | 1,642 | 1,039 |
| 2010 | 1,784 | 3,090 |
| 2009 | 2,463 | 3,671 |
| 2008 | 2,149 | 2,458 |
| 2007 | 2,141 | 2,316 |
| 2006 | 2,045 | 4,048 |
| 2005 | 1,873 | 3,275 |
| 2004 | 1,867 | 2,223 |
| 2003 | 1,449 | 2,317 |
| 2002 | 1,299 | 2,250 |
Who decides
Municipal councils of Greater Victoria (13). Each council decides zoning and approves new housing in its own area. Local Government Act, s. 479
Show the 2 other bodies and the laws
| Body | What it decides | Law or bylaw |
|---|---|---|
| Municipal councils of Greater Victoria (13) | Each council decides zoning and approves new housing in its own area. | Local Government Act, s. 479 |
| Province of B.C. | Can set housing targets for a municipality. | Housing Supply Act, s. 2 |
| Government of Canada and Parliament | Finances and insures housing loans through Canada Mortgage and Housing Corporation. | National Housing Act, s. 3 |
Councils: last general local election October 17, 2026; next on October 19, 2030, the third Saturday of October set by the Local Government Act, s. 52. Province: last general election October 19, 2024; next set for October 21, 2028 unless called earlier (Constitution Act, s. 23). Canada: last general election April 28, 2025; next set for October 15, 2029 unless called earlier (Canada Elections Act, s. 56.1).
Each row says what a body decides and links to the law, order or bylaw that gives it that role. It does not say who caused a change: markets, households and other governments also move these numbers. Who decides what, for every measure · How we choose
What this number does not show
- Calculated here: completions are CMHC's monthly counts added up for each calendar year; residents added is the change in Statistics Canada's July 1 population estimate from one year to the next. Five years of each are added up before dividing, so one unusual year does not swing the figure.
One more limit
- The two periods do not line up exactly (calendar year for homes, July to July for population).
Not measured yet in housing: renovictions and tenant displacement. See all 17 gaps
In plain words
Up 7.8% against 2020 to 2024. Up 49% since 2019.
Over five years, how many new homes were finished in Greater Victoria for every 100 people added to the region. The yearly counts of homes and residents are shown underneath.
How we decide “Better”
The change is 7.8% of the earlier value, at or above the 5% threshold.
More homes completed is better, read under the same rule as new homes started. There is no official number of homes needed per new resident, so no target line is drawn. 2021: 3,907 homes completed, +4,698 residents. 2022: 2,758 homes completed, +11,437 residents. 2023: 4,194 homes completed, +6,651 residents. 2024: 4,435 homes completed, +9,277 residents. 2025: 3,952 homes completed, +3,129 residents.
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. The rule.
All notes on this number
Why it matters. Housing pressure depends on both supply and the number of people looking for a home. Adding up five years keeps one unusual year from swinging the figure. There is no official target, so none is drawn.
- Calculated here: completions are CMHC's monthly counts added up for each calendar year; residents added is the change in Statistics Canada's July 1 population estimate from one year to the next. Five years of each are added up before dividing, so one unusual year does not swing the figure.
- The two periods do not line up exactly (calendar year for homes, July to July for population).
- Population estimates are revised, and the latest year is preliminary.
- Homes completed include all types and prices, from detached houses to rental apartments. Several people usually live in each home, so the two numbers are not expected to be equal.
- The yearly chart starts in 2002, the first year with a population change on 2021 Census boundaries (Statistics Canada table 17-10-0148-01 starts in 2001). Completions follow the metropolitan area as Statistics Canada redraws it every five years, so years far apart are not strictly comparable.
Which places
Area: Greater Victoria (CMA)
Statistics Canada’s Victoria metropolitan area: 13 municipalities plus nearby electoral-area and reserve lands.
Included
- Victoria
- Saanich
- Oak Bay
- Esquimalt
- View Royal
- Langford
- Colwood
- Highlands
- Metchosin
- Sooke
- Central Saanich
- North Saanich
- Sidney
- Juan de Fuca electoral area, part 1 (for example East Sooke, Jordan River and Shirley)
- First Nations reserves: Cole Bay 3, Union Bay 4, East Saanich 2, South Saanich 1, Becher Bay 1, Esquimalt, New Songhees 1A and T'Sou-ke
Not included
- Salt Spring Island
- Southern Gulf Islands (Galiano, Mayne, Pender and Saturna islands)
- Port Renfrew area (Juan de Fuca electoral area, part 2)
Official definition
How the agency describes it: Victoria census metropolitan area (Greater Victoria).
How we calculated it
Calculated here This figure is not published by an agency as is. It is calculated here, by script, from the public data listed below. It belongs with New homes started, last 12 months.
Formula
Homes completed per 100 residents added = 100 × (homes completed in the five calendar years) ÷ (residents added over the same five years). Homes completed in a year = sum of the 12 monthly completion counts. Residents added in a year = population on July 1 of the year − population on July 1 of the year before.
With the latest numbers
- 2021 to 2025: 3,907 + 2,758 + 4,194 + 4,435 + 3,952 = 19,246 homes.
- Residents added: 4,698 + 11,437 + 6,651 + 9,277 + 3,129 = 35,192 (population 409,898 on July 1, 2020 to 445,090 on July 1, 2025).
- 100 × 19,246 ÷ 35,192 = 54.7, shown as 55.
Inputs
Housing completions, all unit types, Victoria (monthly)
- Published by
- CMHC, published by Statistics Canada
- Period used
- 2002 to 2025
- Licence
- CMHC Licence Agreement for the Use of Data; also listed as Open Government Licence - Canada
- Latest release
- Oct 19, 2026
Population estimates, July 1, Victoria census metropolitan area
- Published by
- Statistics Canada
- Period used
- 2001 to 2025
- Latest release
- Jan 14, 2026
Keep in mind
- Calculated here: completions are CMHC's monthly counts added up for each calendar year; residents added is the change in Statistics Canada's July 1 population estimate from one year to the next. Five years of each are added up before dividing, so one unusual year does not swing the figure.
- The two periods do not line up exactly (calendar year for homes, July to July for population).
- Population estimates are revised, and the latest year is preliminary.
- Homes completed include all types and prices, from detached houses to rental apartments. Several people usually live in each home, so the two numbers are not expected to be equal.
- The yearly chart starts in 2002, the first year with a population change on 2021 Census boundaries (Statistics Canada table 17-10-0148-01 starts in 2001). Completions follow the metropolitan area as Statistics Canada redraws it every five years, so years far apart are not strictly comparable.
Retrieved Nov 11, 2026, 8:01 PM B.C. time. This page’s data and calculation (JSON).
Licence and credits
Published under an open licence: anyone may reuse it with credit. About licences.
Calculated here from public data; see “How we calculated it”.
- Calculated here from
- CMHC, published by Statistics Canada, Statistics Canada
- Licences
- CMHC Licence Agreement for the Use of Data; also listed as Open Government Licence - Canada; Open Government Licence - Canada
- Period
- 2021 to 2025 (homes by calendar year; residents July 2020 to July 2025)
- Updated
- Monthly (completions); annually (population)
- Retrieved
- Nov 11, 2026, 8:01 PM B.C. time
- Details
- Formula and every input
Adapted from Canada Mortgage and Housing Corporation, Starts and Completions Survey. This does not constitute an endorsement by Canada Mortgage and Housing Corporation of this product. Adapted from Statistics Canada, table 34-10-0154-01. This does not constitute an endorsement by Statistics Canada of this product. Adapted from Statistics Canada, table 17-10-0148-01. This does not constitute an endorsement by Statistics Canada of this product.
Spot a mistake?
Email [email protected]. Fixes are listed in the corrections log.