BC's housing market is always dynamic, and the latest numbers paint a clear picture: standing inventory across the province has reached 6,700 homes. That includes 5,500 condos, as well as a blend of townhomes and some multiplex units—spanning far beyond just the major hubs. What stands out is Burnaby leading with 1,210 unsold homes, closely followed by Vancouver at 1,020, Surrey at 798, and Coquitlam at 620. Richmond, Kelowna, Langley Township, New Westminster, and Delta also show strong inventory levels, highlighting that opportunities are spread well beyond just the biggest markets. Cities like Langford, Esquimalt, North Vancouver, Abbotsford, and Chilliwack collectively bring the listed total to 5,840 units.
There's often talk in presale circles that studios and one-bed units are the primary contributors to these numbers. But when I look at the broader data—considering all sizes and average prices—the story is more complex. My accounting background helps me interpret these trends, so whether you’re searching for your next home or evaluating an investment, I’m here to guide you through the details that matter most to your property goals.
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