Enrolled Multi-unit Highlights • In the first three months of 2025, 7,620 new multi-unit homes were enrolled 10 in B.C. Compared with the same period in 2024, multi-unit enrollments increased 68.5% • In March, 2,848 multi-unit homes were enrolled 10 . Compared with March 2024, the number of multi-unit enrollments increased 111.3%. • Using a 12-month moving average 4 , there were 2,078 new multi-unit enrolled homes 10 in March, trending at a 6.4% increase from February. • Using a 36-month moving average 4 , there were 1,906 new multi-unit enrolled homes 10 in March, which is effectively unchanged from February with a 0.6% decrease. • There were 316 new multi-unit buildings enrolled 10 in March. Most of these were duplexes (45.6%) and buildings of 5 to 50 units (24.7%). The largest building of 331 units was proposed to be built in Surrey. • In March, Surrey (879), Langley* (428) and Vancouver (321) had the largest number of multi-unit enrolled homes 10 in B.C.
Figure 8: Enrolled Homes in Multi-unit Buildings 10 , March 2025
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Jan Feb Mar Apr May Jun Jul
Aug Sep Oct Nov Dec
2024
2025
5-year average
Figure 9: Enrolled Multi-unit Buildings 10 by Building Size 11 , March 2025
160
144
140
120
100
78
80
59
60
40
22
20
9
4
0
Duplex
Triplex
Quadplex
5-50 Units 51-100 Units >100 Units
Figure 10: Enrolled Homes in Multi-unit Buildings 10 by 12-Month and 36-Month Moving Averages 4 , March 2025
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Enrollments by Month
12-Month Moving Average
36-Month Moving Average
4
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