Victoria indicators

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New homes approved by the City

Area: City of Victoria Calendar year 2025 · Where this covers

1,646 homes

Mixed signals

Was 936 in 2024

Source: BC Stats, 2025 · Full source

What it measures

How many new homes were included in building permits issued by the City of Victoria in the year.

Why it matters

Approvals come before construction, so they hint at how many homes may be built in the next few years.

Over time

Line chart, 8 periods from 2018 to 2025. New homes approved by the City: starts at 1,283 homes (2018), ends at 1,646 homes (2025); highest 1,646 homes (2025), lowest 581 homes (2020). Every value is in the table.01,0002,00020192021202320251,2836025811,2051,1208109361,6462018: 1,283 homes2019: 602 homes2020: 581 homes2021: 1,205 homes2022: 1,120 homes2023: 810 homes2024: 936 homes2025: 1,646 homes

The scale starts at 0. Tap, hover or drag along the chart to see each value.

How we decided “mixed signals”

A higher number means more new homes were approved for construction. 1,646 in 2025 compared with 936 in 2024 (+75.9%). So far in 2026 (January to Aug): 218 compared with 740 in the same months of 2025 (-70.5%). The rules.

Source

Period
Calendar year 2025
Updated by agency
Monthly; latest release Oct 22, 2026
Retrieved
Nov 10, 2026, 11:52 PM B.C. time

Adapted from Statistics Canada, Building Permits. This does not constitute an endorsement by Statistics Canada of this product.

Show the numbers as a table
New homes approved by the City, City of Victoria (newest first)
PeriodValue
20251,646
2024936
2023810
20221,120
20211,205
2020581
2019602
20181,283

Keep in mind

  • Permits approve homes; they do not mean the homes have been built or occupied.
  • The number is lumpy. A few large buildings can move a whole year, so a single year is a weak signal. Yearly totals since 2018: 2018: 1,283, 2019: 602, 2020: 581, 2021: 1,205, 2022: 1,120, 2023: 810, 2024: 936, 2025: 1,646.
  • The most recent year to date (2026) is shown in the trend note. When the full year and the year to date point different ways, the trend is marked 'mixed'.
  • Data come from Statistics Canada's Building Permits survey as published by BC Stats. Municipal reporting is not always complete, and 2018 onward is not directly comparable to earlier years.

Where this covers

Area: City of Victoria

The City of Victoria municipality only, all neighbourhoods.

Included

  • All City of Victoria neighbourhoods, including Downtown, James Bay, Fairfield, Fernwood, Oaklands, Hillside/Quadra, North Park, Burnside, Victoria West, Rockland, Jubilee and Gonzales

Not included

  • Saanich, Oak Bay, Esquimalt, Langford and every other municipality in the region

Official definition

How the agency describes it: City of Victoria (municipality).

Connected to: Municipal (permits issued by the City), Private builders. This is a label, not a judgement.