Metro Vancouver housing data update confirms persistent rental shortages

Metro Vancouver's Housing Data Book reveals a challenging local housing market with low rental vacancies, rising rents, and a scarcity of family-sized rental units. Despite a slight increase in rental condos and purpose-built rentals, housing construction is not meeting demand, especially for condo ownerships and multi-unit apartments. Non-market housing units have barely increased, and the social housing waitlist has grown significantly.

Get Today's Best Rate!

    This will close in 0 seconds