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Victoria's housing market, home prices and values


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#6181 Mike K.

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Posted 06 January 2026 - 09:47 AM

We did have a big undersupply and then we sent 500K foreign students home and didn't renew the work permits of hundreds of thousands. That quickly tipped the scales in the other direction as shown by a drop in population as opposed to massive increases in recent years.


The provincial government is actively reminding municipalities to meet the housing quotas set by them. If there is an over-supply, why is the government still forcing adherence to its housing quotas, and reminding municipalities that it will deploy housing advisors if they do not satisfy the expectations set by the province?
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#6182 spanky123

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Posted 06 January 2026 - 09:50 AM

The provincial government is actively reminding municipalities to meet the housing quotas set by them. If there is an over-supply, why is the government still forcing adherence to its housing quotas, and reminding municipalities that it will deploy housing advisors if they do not satisfy the expectations set by the province?

 

Because it sells well with their base? Why did they let the population increase by 1M a year when we were only adding 250K homes a year to inventory?!



#6183 Mike K.

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Posted 06 January 2026 - 10:03 AM

Does that not conflict with your calls in another discussion, for us to be more trusting of what our governments say and do?
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#6184 dasmo

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Posted 06 January 2026 - 08:09 PM

Point to Mike…

 



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