Record number of new homes registered in British Columbia in 2021

A report recently released by the provincial government shows that British Columbia saw a record number of new registered homes in 2021.

BC Housing reports that 53,189 new homes of all types were registered last year, representing a 67.5% increase from 2020.

To monitor new housing construction activity in the province, “registered” status is defined as when data is collected at the start of a project, before building permits are issued.

The total for 2021 includes 12,282 new single-detached homes, which represents an increase of 31.9% over the previous year.

Another 40,907 listings were for new multi-unit homes, such as condominiums, duplexes, triplexes and quadplexes.

Home recordings of all types in British Columbia. (Housing in British Columbia)

vancouver metro single family homes

Single family home registrations in Metro Vancouver. (Housing in British Columbia)

New purpose-built rental homes reached 12,899 units, representing 31.5% of all multi-unit homes and representing a 47.7% year-over-year increase. In contrast, between 2017 and 2021, 51,616 new purpose-built rental units were recorded, more than the combined total for the previous 15 years, from 2002 to 2016.

“This report shows that we can meet the challenge of increasing the supply of rental housing that individuals, families and seniors desperately need in British Columbia, if cities partner with us to get permits quickly. to build for these registered units,” said David Eby, BC. Attorney General and Minister Responsible for Housing, adding that more than 25,000 people have moved to British Columbia in the past three months alone.

For December 2021, there were 3,576 new dwellings registered, which represents a decrease of 2.7% compared to December 2020.

The month saw 913 single-family homes registered, up 3.9% from the same month in 2020.

New multi-unit homes registered in the last month of 2021 reached 2,183 units, up 2.2% from December 2020. This includes 480 purpose-built rental units, down from 18.5% compared to the same period of the previous year.

Vancouver trailed Surrey in 2020 with new single-family homes registered, reaching 802 and 1,120 units respectively. But Vancouver has rebounded in 2021, with new single-family home listings rising to 1,100 units, surpassing Surrey’s 1,027 units.

Langley, Delta and Richmond also saw notable year-over-year increases in new single-family home listings last month.

Vancouver also led the total number of new home registrations in December 2021, reaching 721 units, including 615 multi-unit homes and 106 single-family homes. This is followed by Surrey with 365 units (257 multiple units, 106 singles), Victoria with 341 units (310 multiple units, 31 singles), Coquitlam with 273 units (271 multiple units, 2 singles), Burnaby with 255 units (238 multiple units, 17 single-family homes), Langley with 200 units (104 multiple-units, 96 single-family homes) and Richmond with 185 units (165 multiple-units, 20 single-family homes) .

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