Metro Vancouver Starts Outlook
2026: 26K-27K
2027: 21.9K-25.1K
2028: 20.5K-22K
The outlook pointed to a multi-year supply reset, with condo construction at historic lows and no recovery in housing starts expected before 2028.
The resale market was forecast to turn before construction, with Vancouver sales at 28K-28.8K in 2026 and a partial recovery to 29.8K-32.2K in 2027.
Vancouver Price And Rental Outlook
2026 avg. price: ~$1.16M baseline
Alternative: ~$1.15M
Rental supply arrived, but vacancy tightened toward the mid-3% range
Slower population growth, economic uncertainty, elevated mortgage rates and weak income growth were expected to restrain demand, even as affordability slowly improved in Vancouver.
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