BC’s standing inventory has reached 6,700 homes, including 5,500 condos—a figure that covers not just condos, but also townhomes and select multiplex units across the province. When we break it down, Burnaby currently leads the way with 1,210 unsold homes, followed by Vancouver at 1,020, Surrey at 798, and Coquitlam at 620. Richmond sits at 396 units, with Kelowna at 372, Langley Township at 276, New Westminster at 224, and Delta at 211. This spread clearly shows that unsold inventory is not limited to BC’s largest urban centres. Other notable counts: Langford at 188, Esquimalt at 173, City of North Vancouver at 135, Abbotsford at 118, and Chilliwack at 100—bringing the listed cities’ total to 5,840 homes. While some point to studios and one-bed units as the primary source, the province-wide data on size and average price tells a more nuanced story.
As someone who’s advised on a diverse range of property types and client needs in Greater Vancouver and beyond, I see how important it is to understand the true dynamics behind these numbers—especially for families, new immigrants, and investors planning their next move in BC’s evolving market.
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