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Housing completions track the number and types of newly built units, providing the most reliable measure of new supply across the region. Housing completions also reflect economic patterns and the cyclical nature of the housing market.

The Canada Mortgage and Housing Corporation (CMHC) Starts and Completions Survey provides the number of housing completions in each jurisdiction on a monthly or quarterly basis.

Housing completions by structure type

The composition of Metro Vancouver's newly built housing stock has continued to evolve over the past decade. Multi-unit developments (i.e., apartments, secondary suites, semi-detached, and row houses) account for an increasing proportion of total housing completions. As both the population and the demand for housing continue to grow, the region must make more efficient use of its limited land base to meet this demand. Higher density developments are one way to achieve this efficiency​.​​​​

Trends in housing completions by structure type

Housing completions by structure type in the region

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​Housing completions by tenure

A key priority outlined in Metro 2050  is to expand the supply of rental housing, including new purpose-built market rental housing. Over the past 20 years, there have been very few newly built rental units in the region. However, this trend has shifted in recent years as the number of rental completions has started to grow.

Historical housing completions by tenure​ in the region

Housing completions by tenure in the region

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Key observations

  • Housing completions in the region increased to a record high of 30,855 units in 2025 — a 20.5% increase from 2024 and 31.3% above the 10-year average (23,509 units).
  • In the past decade, Metro Vancouver has shifted decisively toward multi-unit housing. These dwellings accounted for 75.5% of total completions in 2016 and increased to 92.4% in 2025, with 28,523 units completed.
  • Apartment completions now form the core of new housing supply. Completions surged to 25,622 units in 2025 — well above the 10-year average (2016 – 2025) of 15,043 units and the 20-year average (2006 – 2025) of 12,168 units. Their share of total completions increased from 49.3% in 2016 to 83.0% in 2025.
  • In 2025, apartments accounted for the largest share of completions among all structure types (83%), followed by single-detached (7.6%), row houses (6.5%), and semi-detached units (2.9%) units.
  • Over the past five years (2021 – 2025), single-detached completions decreased by 29.3% (-966 units) and row house completions fell by 31.9% (-939 units), while apartment starts increased by 55.2% (+9,111 units).

Housing completions In Metro Vancouver

Some 2025 housing starts data is pending a custom data request and will be available in fall 2026.

Notes

  • The glossary​ rovides definitions of each technical term, ensuring consistent interpretation. However, we recognize that the data on this page is from sources who use definitions that may not reflect First Nations preferred terminology. CMHC defines Indigenous Peoples as a collective name for the original peoples of North America and their descendants. CMHC's housing data uses Statistics Canada's census geography to define the First Nations data label For Metro Vancouver jurisdictions, this includes scəw̓aθən məsteyəxʷ (Tsawwassen First Nation).
  • Jurisdiction and Metro Vancouver totals may not equal the sum of individual values due to rounding, data suppression, or the omission of smaller data points to maintain visual readability. If a geography is not listed or appears missing, the associated data was either unavailable or did not meet reporting thresholds.
  • Proportion percentages are calculated using available data and may exclude instances of missed or suppressed data.
  • Electoral Area A includes UBC/UEL (University of British Columbia / University Endowment Lands).
  • ​Total includes ownership, rental, and co-op units. There were zero co-op housing unit completions in 2019, 2022, and 2023, and 90 in 2018 (all in the City of Vancouver). In 2020, there were 188 co-op unit completions in the City of Vancouver and in 2021 there were 27 co-op unit completions in the City of North Vancouver.
  • Until 2011, secondary suite data was included in the apartment category.
  • Effective January 2013, single-detached houses with an attached accessory suite are recorded as one unit "ownership, single" and the accessory suite as one unit "rental, apt + other". In 2012 and prior years, these structures were recorded as two units, "ownership, apt + other" in some markets, including the Vancouver Census Metropolitan Area.
  • Not all municipalities record accessory suite permits.
  • Seniors' independent/assisted living units are included in the count if units are self-contained with full kitchen. Units where there is only a microwave and bar fridge are excluded.
  • Freehold is a residence where the owner owns the dwelling and the lot outright.
  • Condominium is an individual dwelling which is privately owned, but where the building and/or land are collectively owned by all dwelling unit owners.
  • Rental is a dwelling constructed for rental purposes regardless of who finances the structure.
  • Purpose-built rental units in mixed-tenure structures are included in the data if they were indicated as rental at the time of the Canada Mortgage and Housing Corporation (CMHC) Starts and Completions survey.
  • Since 2015, total rental data includes secondary suites and laneway rental housing (single-detached rental).
  • Housing completion is defined as the stage at which all the proposed construction work on a dwelling unit has been performed, although under some circumstances a dwelling may be counted as completed where up to 10% of the proposed work remains to be done.​

Source
This information is from the Canada Mortgage and Housing Corporation Starts and Completions Survey as well as a custom data request from CMHC.


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