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Victoria Multifamily Report 2023 Year-to-Date

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research article

The Greater Victoria multifamily market has experienced a slow start to the year due to prevailing economic conditions experienced across Canada. The January to June total sales volumes of $102,322,500 in contrast to last year's $670,625,825 reflect this reality.

  • Currently, there are 17 multifamily listings valued at over $2 Million in the Greater Victoria Area.
  • As of the latest update, there are 6,162 rental units under construction in the Greater Victoria area.
  • Victoria's largest purpose-built affordable rental project is complete adding 130 rental homes to the Market.

Victoria Multifamily Report 2023 Year-to-Date

Télécharger le rapport
Pour plus d’informations, veuillez contacter:

Tyler Dolan

Managing Director | Vancouver Island


As Managing Director, Tyler is responsible for execution of Colliers business strategy on Vancouver Island.  Tyler has and has been active in the commercial real estate industry since 2001, and spent the majority of his career in both real estate and commercial finance with major financial institutions. In May 2018, Tyler assumed the role of Managing Director for the Colliers Vancouver Island office.

Tyler's priorities include business development, employee engagement, professional development, recruiting, financial management and performance, market identity and public relations. Tyler also takes an active role to ensure that all services offered by Colliers are offered to our clients.

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Adam Jacobs

Head of Research | Canada

Toronto Downtown

Colliers Canada's head of research, leading a cross-country team of 20 mapping, analytics and research professionals. Formerly head of Canada research at Cushman Wakefield and Director of Analytics at Oxford Properties. Featured in mainstream publications such as the Toronto Star, industry publications and podcasts. Specializing in the big picture and the fundamentals driving real estate - demographics, the macro environment and the global economy. 

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