REGION In 2020, over three-quarters (77.5%) of registered new homes in B.C. were located in Metro Vancouver, the Capital Regional District, the Central Okanagan Regional District, or the Fraser Valley Regional District. Metro Vancouver accounted for over half (53.6%) of all registered new homes in B.C., followed by the Capital Regional District (9.1%), Central Okanagan Regional District (6.0%), and Fraser Valley Regional District (7.2%). New home registrations between 2019 and 2020 declined by approximately a third in Metro Vancouver (34.9%), Capital Regional District (31.4%), and Central Okanagan Regional District (30.0%). The Fraser Valley Regional District experienced a more modest 4.1% decline in new home registrations between 2019 and 2020. The decline in 2020 compared to 2019 across all four regional districts was driven by fewer multi-unit homes. Metro Vancouver (a 42.7% decline) and the Capital Regional District (a 40.8% decline) experienced the greatest decreases, followed by Central Okanagan Regional District (37.1% decline), and the Fraser Valley Regional District (12.5% decline). Meanwhile, single detached home registrations increased across all four regional districts from 2019 to 2020. There was close to a 25% increase in Metro Vancouver (23.5%), followed by the Fraser Valley Regional District (16.2%) and the Capital Regional District (11.8%). In the Central Okanagan Regional District, single detached home registrations grew more modestly from 2019 to 2020 by 1.4%.
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