What is Bill 44?

Bill 44 is officially known as the 'Housing Statutes (Residential Development) Amendment Act 2023'. It is one of the most significant housing laws passed in British Columbia in recent years.  Bill 44 was created to help address the province's ongoing housing shortage by changing how residential development works, especially in cities and towns with more than 5000 residents.


What 'Bill 44' Changes

Traditionally, many neighbourhoods in BC were limited to single family homes which by definition are houses where only one household lives on a lot.  Bill 44 rewrites those rules to allow more housing types on those same lots. This includes:

  • Triplexes

  • Fourplexes

  • Laneway homes

  • Other small…

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Victoria Real Estate Board Market Report
- December 2025

January 2, 2026  A total of 367 properties sold in the Victoria Real Estate Board region this December, 12.8 per cent fewer than the 421 properties sold in December 2024 and 18.6 per cent fewer than in November 2025. Sales of condominiums were down 21.5 per cent from December 2024 with 106 units sold. Sales of single family homes decreased by 2.6 per cent from December 2024 with 186 sold.

There were 6,918 sales over the course of 2025, a 0.36 per cent increase from the 6,893 sales in 2024.

"2025 was another consistent year for local real estate," said 2026 Victoria Real Estate Board Chair Fergus Kyne. "Despite global economic uncertainty, property sales in the Victoria market were steady…

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