Victoria indicatorsNet new homes vs the provincial target
2,359 homes
Housing Target Order M286/2023: cumulative targets for each year, drawn as their own line. Targets and comparisons
2,359 net new homes since October 2023, against a target of 1,425 by September 2025.
Source: City of Victoria reports to the Province (calculated here). We read it on Nov 11, 2026.
Over time
Net new homes since October 2023, compared with the cumulative target
Latest Homes, by month
- Cumulative target (Housing Target Order) 4,902 (Sep 2028)
- Net new homes reported (cumulative) 2,359 (Sep 2025)
M municipal election: Oct 17, 2026P provincial election: Oct 19, 2024
Targets and comparisons
Adopted target
Ahead of target. 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: 1,425 net new homes by 2028, set by the Province of B.C.. Housing Target Order M286/2023, City of Victoria.
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.
Source: Housing Target Order M286/2023, City of Victoria, Province of B.C. (Minister of Housing), 2023. Area: City of Victoria. Updated: Yearly progress reports. Licence: Public document, not under an open licence. Quoted with attribution.
Show the numbers as a table
| Period | Cumulative target (Housing Target Order) | Net new homes reported (cumulative) |
|---|---|---|
| Sep 2028 | 4,902 | – |
| Sep 2027 | 3,493 | – |
| Sep 2026 | 2,352 | – |
| Sep 2025 | 1,425 | 2,359 |
| Sep 2024 | 659 | 1,477 |
Who decides
Province of B.C. Sets the City’s housing target by order. Housing Supply Act, s. 2
Show the 1 other body and the laws
| Body | What it decides | Law or bylaw | Last decision | Next decision |
|---|---|---|---|---|
| Province of B.C. | Sets the City’s housing target by order. | Housing Supply Act, s. 2 Ministerial Order M286/2023 (Victoria housing target order) | Order made September 23, 2023 | Order ends September 30, 2028 |
| City of Victoria Council | Reports progress on the target every year, and decides zoning and approvals in the City. | Ministerial Order M286/2023 (Victoria housing target order) Local Government Act, s. 479 | Progress report due by November 14, 2026 (within 45 days of September 30) |
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).
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
- Net new homes = homes completed (occupancy permits issued) minus homes demolished, as reported by the City to the Province on the Province's form.
One more limit
- The target counts all homes, whatever their size or price. See the family-size and below-market breakdown measure.
Not measured yet in housing: renovictions and tenant displacement. See all 17 gaps
In plain words
Homes completed minus homes demolished in the City since October 1, 2023, compared with the cumulative target in the Province’s Housing Target Order for the City.
How we decide “Ahead of target”
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.
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.
Target: Housing Target Order M286/2023 (B.C. Minister of Housing), Schedule A.
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. The Province set a five-year target for new homes in Victoria. This shows progress against that target, using the City’s own reports.
- 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.
Which places
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).
How we calculated it
Calculated herePublic, not open-licensed 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 approved by the City.
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.
With the latest numbers
- 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
Housing Target Progress Report, City of Victoria, year 1
- Published by
- City of Victoria report to the B.C. Ministry of Housing, published by the Province
- Period used
- Year 1 (to Sep 30, 2024)
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Latest release
- Jan 24, 2025
Housing Target Progress Report, City of Victoria, year 2
- Published by
- City of Victoria report to the B.C. Ministry of Housing, published by the Province
- Period used
- Year 2 (to Sep 30, 2025)
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Latest release
- Nov 13, 2025
Housing Target Order for the City of Victoria (Ministerial Order M286/2023), Schedules A and C
- Published by
- B.C. Minister of Housing
- Data
- Dataset page
- Period used
- October 1, 2023 to September 30, 2028
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Latest release
- not stated
Keep in mind
- 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.
Retrieved Nov 11, 2026, 8:53 PM B.C. time. This page’s data and calculation (JSON).
Licence and credits
This figure is public but not under an open licence: the agency publishes it for anyone to read, and it is shown here with credit and a link to the agency’s terms. About licences.
Calculated here from public data; see “How we calculated it”.
- Calculated here from
- City of Victoria report to the B.C. Ministry of Housing, published by the Province, B.C. Minister of Housing
- Licences
- Public data, not under an open licence. Used with attribution. Terms: B.C. Minister of Housing
- Period
- October 1, 2023 to September 30, 2025
- Updated
- Annually (reporting year ends September 30; report received by Council within 45 days)
- Retrieved
- Nov 11, 2026, 8:53 PM B.C. time
- Details
- Formula and every input
Inputs and results
What this pays for, or what goes into it
Inputs are money, staff or decisions; results are what services delivered. One does not prove the other moved. Kinds of measure
What goes into this
Spot a mistake?
Email [email protected]. Fixes are listed in the corrections log.