Standing inventory across BC has reached 6,700 homes, including 5,500 condos—a number that reflects not just the volume in our largest cities, but notable supply in markets across the province. For those of us tracking the landscape closely, Burnaby tops the list with 1,210 unsold homes, just ahead of Vancouver’s 1,020. Surrey follows with 798, and Coquitlam with 620 units. Richmond, Kelowna, Langley Township, New Westminster, and Delta round out the next tier, each with over 200 units—demonstrating that elevated inventory isn’t confined to Vancouver alone.
From Langford and Esquimalt to North Vancouver, Abbotsford, and Chilliwack, the spread of 5,840 listed homes across these cities highlights the shifting supply dynamic. While the conversation often centers on presale studios and one-bedrooms, the broader data on home size and average price is telling a more nuanced story.
As someone who specializes in investment and development opportunities, I’m always examining these numbers through the lens of long-term value and potential upside. Understanding where inventory is concentrated—and what types of homes make up that supply—can be the key to identifying hidden opportunities or risks in today’s market.
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