2017 CMHC Statistics

Happy 2018! To start off the year, we reviewed the latest statistics from the Canadian Mortgage and Housing Corporation for Victoria. Some notable facts:

  • The vacancy rate changed little from 2016 despite a 2% expansion of purpose built apartments

  • 4/5 new households in Victoria are renting

  • Vacant 2 bedroom units are listed for 14% higher than the current average rent for a 2 bedroom unit

  • The vacancy rate for a 3 bedroom unit is 0.0% in all areas of Greater Victoria, including the Westshore, which had a vacancy rate of 1.1% for 3 bedroom units in 2016

It's clear we have lots of work to do in 2018! Please reach out if you are interested in getting more involved


VTAG recognizes the relationship between displacement and colonialism and organizes within the unceded territories of the Lkwungen (Esquimalt and Songhees), Malahat, Pacheedaht, Scia’new, T’Sou-ke and W̱SÁNEĆ (Pauquachin, Tsartlip, Tsawout, Tseycum) peoples.

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1581-H Hillside Ave. 

Box 183

Victoria BC V8T 2C1