Purpose-built Rental Highlights In the first two months of 2026, 4,240 purpose-built rental units 6 were registered in B.C. Compared with the same period in 2025, the number of registered rental units increased 2.8%. So far in 2026, rental units 6 represented 58.3% of all multi-unit registrations. This month 1,956 rental units were registered 12 . Compared with February 2025, the number of rental units registered decreased 8.4%. Using a 12-month moving average 5 , there were 2,190 rental units registered 6 in February, trending at a 0.7% decrease from January. Using a 36-month moving average 5 , there were 1,817 rental units registered 6 in February, which is a 1.4% increase from January. There were 18 rental buildings registered 6 in February. These were buildings of 5 to 50 units (33.3%), 51 to 100 units (33.3%) and buildings of more than 100 units (33.3%). The largest building of 480 units was proposed to be built in Burnaby. In February, Burnaby (480), Surrey (424), and Saanich (210) had the largest number of rental units registered 6 in B.C.
Figure 11: Purpose-built Rental Units 6 , February 2026
3,000
2,500
2,000
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Jan Feb Mar Apr May Jun Jul
Aug Sep Oct Nov Dec
2025
2026
5-year average
Figure 12: Purpose-built Rental Buildings 6 by Building Size 12 , February 2026
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10
6
6
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Duplex
Triplex
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5-50 Units 51-100 Units >100 Units
Figure 13: Purpose-built Rental Units 6 by 12-Month and 36-Month Moving Averages 5 , February 2026
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3,000
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2,000
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1,000
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0
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Enrollments by Month
12-Month Moving Average
36-Month Moving Average
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