BC’s standing inventory has reached 6,700 homes, with 5,500 of those being condos. This snapshot covers condos, townhomes, and select multiplex units across the province. Looking closer at key areas: Burnaby currently leads with 1,210 unsold homes, followed by Vancouver at 1,020, Surrey at 798, and Coquitlam at 620. Richmond, Kelowna, Langley Township, New Westminster, and Delta all show significant numbers as well, reflecting how inventory is distributed well beyond just the largest cities. Other regions, including Langford, Esquimalt, City of North Vancouver, Abbotsford, and Chilliwack, contribute to a total of 5,840 listings in the cities tracked. There’s often talk that unsold presales are mainly studios and one-bedrooms, but wider data on home size and average price across BC tells a different story. In my work serving buyers and sellers in Vancouver and the Fraser Valley, understanding these dynamics is essential to supporting informed, community-focused decisions.
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