June 2025
British Columbia’s Monthly NEW HOMES REGISTRY REPORT
Report Context The Monthly New Homes Registry Report provides information on new home registrations, which occur before the issuance of building permits and housing starts. As new home registrations are subject to change, they should be considered as planned or proposed projects. The report is intended for use by the residential construction industry, real estate community and researchers.
Figure 1: Registered New Homes 1 by Building Type, 2002 – 2025 Year-to-Date
General Highlights
60,000
• In the first half of 2025, 28,650 new homes were registered 1 in B.C., including 3,146 single detached 2 and 25,504 multi-unit homes 3 . • So far in 2025, total home registrations 1 are up 21.3% from 2024. Registrations for multi-unit homes 3 increased 23.6%, while registrations for single detached homes 2 increased 5.4%. • In June, 3,284 new homes were registered 2 in B.C., a 36.1% decrease compared with June 2024. • Using a 12-month moving average 4 , there were 4,252 new registered homes 1 in June, a 3.5% decrease from May for all registered new homes. • Metro Vancouver accounted for 48.9% of all new homes registered 1 in June. Vancouver (850), Langley* (315) and Comox (205) were the top three cities in registered new homes this month. • In June, there were more multi-unit homes than single detached homes in Colwood, North Cowichan, Sparwood, Penticton, Radium Hot Springs, Langford, Vanderhoof, Comox, Langley*, Squamish, Abbotsford, North Vancouver*, Terrace, Kelowna, Courtenay, Vancouver, Golden, Prince George, Tobiano, Burnaby, Victoria, Sicamous, Surrey, Salmon Arm, Fernie, Kamloops, Coquitlam and Nanaimo. • So far in 2025, 14,017 purpose-built rental units 5 were registered in B.C. Compared with the same period in 2024, the number of registered rental units increased 50.7%.
50,000
40,000
30,000
20,000
10,000
0
Single Detached Homes
Homes in Multi-unit Buildings
Total
Figure 2: Registered New Homes 1 by Building Type and Selected City 6 , June 2025
Vancouver
787
63
Langley
303
12
Comox
199
6
Kelowna
192
11
Langford
192
4
Colwood
190
0
Abbotsford
165
8
Homes in Multi-unit Buildings
Burnaby
101
35
Single Detached Homes
Surrey
83
41
North Vancouver
80
4
0 100 200 300 400 500 600 700 800 900 1,000
* Langley includes Township of Langley and City of Langley. North Vancouver includes the City of North Vancouver and District of North Vancouver.
Figure 3: Registered New Homes 1 by Regional District 7 , June 2025
Number of Single Detached Homes 2 Regional % Share of Provincial Total
Number of Homes in Multi-unit Buildings 3 Regional % Share of Provincial Total
Regional District
20 4.0%
194 7.0%
Central Okanagan
25 5.0%
169 6.1%
Fraser Valley
10 2.0%
239 8.6%
Comox Valley
219 43.6%
1,388 49.9%
Metro Vancouver
23 4.6%
431 15.5%
Capital
2
Single Detached Highlights • In the first half of 2025, 3,146 new single detached homes were registered 2 in B.C. Compared with the same period in 2024, single detached registrations increased 5.4%. • In June, 502 single detached homes were registered 3 . Compared with June 2024, the number of single detached registrations increased 4.6%. • Using a 12-month moving average 4 , there were 490 new single detached registered homes 2 in June, which is effectively unchanged from May with a 0.4% increase. • Using a 36-month moving average 4 , there were 505 new single detached registered homes 2 in June, which is a 1.9% decrease from May. • Vancouver (63), Surrey (41) and Burnaby (35) had the largest number of single detached homes registered 2 in June.
Figure 4: Registered Single Detached Homes 2 , June 2025
1,200
1,000
800
600
400
200
0
Jan Feb Mar Apr May Jun Jul
Aug Sep Oct Nov Dec
2024
2025
5-year average
Figure 5: Registered Owner-built Homes 8 , 2002 – 2025 Year-to-Date
5,000
4,000
3,000
2,000
384
1,000
296
0
Figure 6: Registered Single Detached Homes 2 by Selected City 9 in Metro Vancouver, 2024-2025 Year-to-Date
311
Vancouver
400
181
Surrey
305
134 137
Burnaby
119
Langley
86
82
Delta
166
64
Richmond
2024 YTD 2025 YTD
62
38
North Vancouver
35 35
Maple Ridge
30
34
Coquitlam
43
28
West Vancouver
31
0
50
100
150
200
250
300
350
400
450
Figure 7: Registered Single Detached Homes 2 in Metro Vancouver, 2002 – 2025 Year-to-Date
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000
Vancouver
Surrey
Rest of Metro Vancouver
Total Metro Vancouver
Rest of BC
3
Enrolled Multi-unit Highlights • In the first half of 2025, 11,487 new multi- unit homes were enrolled 10 in B.C. Compared with the same period in 2024, multi-unit enrollments increased 1.4%. • In June, 816 multi-unit homes were enrolled 10 . Compared with June 2024, the number of multi-unit enrollments decreased 61.8%. • Using a 12-month moving average 4 , there were 1,831 new multi-unit enrolled homes 10 in June, trending at a 5.7% decrease from May. • Using a 36-month moving average 4 , there were 1,735 new multi-unit enrolled homes 10 in June, which is a 4.4% decrease from May. • There were 231 new multi-unit buildings enrolled 10 in June. Most of these were duplexes (66.7%) and quadplexes (16.0%).
Figure 8: Enrolled Homes in Multi-unit Buildings 10 , June 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 , June 2025
160
154
140
120
The largest building of 91 units was proposed to be built in Langley*.
100
• In June, Langley* (181), Vancouver (159) and Surrey (83) had the largest number of multi-unit enrolled homes 10 in B.C.
80
60
37
40
25
13
20
2
0
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 , June 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
Purpose-built Rental Highlights • In the first half of 2025, 14,017 purpose-built rental units 5 were registered in B.C. Compared with the same period in 2024, the number of registered rental units increased 50.7%. • So far in 2025, rental units 5 represented
Figure 11: Purpose-built Rental Units 5 , June 2025
3,000
2,500
2,000
55.0% of all multi-unit registrations. • This month 1,966 rental units were
1,500
registered 12 . Compared with June 2024, the number of rental units registered decreased 22.0%. • Using a 12-month moving average 4 , there were 1,931 rental units registered 5 in June, trending at a 2.3% decrease from May. • Using a 36-month moving average 4 , there were 1,610 rental units registered 5 in June, which is effectively unchanged from May with a 0.5% decrease. • There were 25 rental buildings registered 5 in June. Most of these were buildings of 51 to 100 units (40.0%) and buildings of 5 to 50 units (36.0%). The largest building of 183 units was proposed to be built in Vancouver. • In June, Vancouver (628), Comox (199) and Kelowna (177) had the largest number of rental units registered 5 in B.C.
1,000
500
0
Jan Feb Mar Apr May Jun Jul
Aug Sep Oct Nov Dec
2024
2025
5-year average
Figure 12: Purpose-built Rental Buildings 5 by Building Size 11 , June 2025
15
10
9
10
6
5
0
0
0
0
Duplex
Triplex
Quadplex 5-50 Units 51-100 Units >100 Units
Figure 13: Purpose-built Rental Units 5 by 12-Month and 36-Month Moving Averages 4 , June 2025
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
5
Data Tables
Table 1: Registered New Homes 1 , 2002 to 2025
Registered New Single Detached Homes 2
Registered New Homes in Multi-unit Buildings 3
Calendar Year
Purpose-built Rental 5
Single Detached Homes Enrolled with Home Warranty Insurance
Owner Builder Authorizations 8
Homes in Multi-unit Buildings with Home Warranty Insurance 10
2002
9,179
3,268
12,075
2,178
2003
11,498
3,507
16,338
2,542
2004
11,746
3,666
19,732
2,654
2005
11,619
3,854
23,211
1,945
2006
10,837
4,124
23,393
1,488
2007
9,995
3,959
25,294
1,688
2008
7,848
3,373
14,924
801
2009
7,176
2,749
6,747
1,783
2010
8,432
3,199
13,949
1,716
7,407
2,596
14,498
1,371
2011
6,912
2,445
16,279
1,948
2012
6,536
2,067
15,803
2,951
2013
8,886
2,335
15,929
2,962
2014
8,848
2,549
17,899
4,736
2015
10,625
2,211
22,749
5,272
2016
11,009
1,136
20,419
9,402
2017
9,478
1,173
25,901
7,724
2018
7,476
960
21,910
13,259
2019
8,140
984
13,360
8,775
2020
10,372
1,085
27,015
13,186
2021
7,434
932
27,106
14,658
2022
5,452
692
19,241
19,168
2023
5,139
582
21,815
18,464
2024
2,689
296
11,332
9,304
2024 YTD
2,762
384
11,487
14,017
2025 YTD
6
Table 2: Registered New Homes 1 , 2024 to 2025 and 5-year Average, Monthly
Registered New Single Detached Homes 2
Registered New Homes in Multi-unit Buildings 3
Month
5-year Average 12
5-year Average 12
2025
2024
2025
2024
Jan
509
426
614
4,178
1,721
2,672
Feb
567
488
700
4,706
3,611
3,236
Mar
570
564
866
5,019
2,963
3,302
502
505
779
4,397
5,611
3,489
Apr
496
522
755
4,422
2,070
2,818
May
Jun
502
480
762
2,782
4,660
3,915
470
633
3,352
2,821
Jul
500
662
2,538
3,035
Aug
409
618
1,987
2,855
Sep
Oct
509
609
3,237
2,600
Nov
458
592
3,510
3,053
Dec
390
573
5,019
2,762
Table 3: Registered New Homes in Multi-unit Buildings 3 , 2024 to 2025, Monthly
Enrolled New Homes in Multi- unit Buildings 10
Registered New Homes in Multi-Unit Buildings 3
Purpose-built Rental 5
Month
2025
2024
2025
2024
2025
2024
2,187
514
1,991
1,207
4,178
1,721
Jan
Feb
2,571
2,654
2,135
957
4,706
3,611
Mar
2,828
1,348
2,191
1,615
5,019
2,963
1,611
3,775
2,786
1,836
4,397
5,611
Apr
1,474
903
2,948
1,167
4,422
2,070
May
Jun
816
2,138
1,966
2,522
2,782
4,660
Jul
2,309
1,043
3,352
1,169
1,369
2,538
Aug
1,150
837
1,987
Sep
Oct
1,773
1,464
3,237
Nov
1,599
1,911
3,510
2,483
2,536
5,019
Dec
7
Table 4: Registered New Homes 1 by Regional District, June 2025
Registered New Single Detached Homes 2
Registered New Homes in Multi-unit Buildings 3
Total
Regional District
Number of Homes
Regional % Share of Provincial Total
Number of Homes
Regional % Share of Provincial Total
Number of Homes
Regional % Share of Provincial Total
8
1.6%
0
0.0%
8
0.2%
Alberni-Clayoquot
Bulkley-Nechako
4
0.8%
36
1.3%
40
1.2%
23
4.6%
431
15.5%
454
13.8%
Capital
Cariboo
15
3.0%
0
0.0%
15
0.5%
Central Coast
0
0.0%
0
0.0%
0
0.0%
13
2.6%
0
0.0%
13
0.4%
Central Kootenay
Central Okanagan
20
4.0%
194
7.0%
214
6.5%
17
3.4%
43
1.5%
60
1.8%
Columbia-Shuswap
Comox Valley
10
2.0%
239
8.6%
249
7.6%
22
4.4%
48
1.7%
70
2.1%
Cowichan Valley
20
4.0%
44
1.6%
64
1.9%
East Kootenay
Fraser Valley
25
5.0%
169
6.1%
194
5.9%
11
2.2%
49
1.8%
60
1.8%
Fraser-Fort George
Kitimat-Stikine
3
0.6%
39
1.4%
42
1.3%
1
0.2%
3
0.1%
4
0.1%
Kootenay-Boundary
Metro Vancouver
219
43.6%
1,388
49.9%
1,607
48.9%
Mount Waddington
1
0.2%
0
0.0%
1
0.0%
21
4.2%
11
0.4%
32
1.0%
Nanaimo
North Okanagan
15
3.0%
12
0.4%
27
0.8%
0
0.0%
0
0.0%
0
0.0%
Northern Rockies
Okanagan-Similkameen
9
1.8%
13
0.5%
22
0.7%
2
0.4%
0
0.0%
2
0.1%
Peace River
12
2.4%
0
0.0%
12
0.4%
qathet
Skeena-Queen Charlotte
1
0.2%
0
0.0%
1
0.0%
6
1.2%
45
1.6%
51
1.6%
Squamish-Lillooet
Stikine
0
0.0%
0
0.0%
0
0.0%
7
1.4%
2
0.1%
9
0.3%
Strathcona
Sunshine Coast
5
1.0%
0
0.0%
5
0.2%
Thompson-Nicola
12
2.4%
16
0.6%
28
0.9%
502
100.0%
2,782
100.0%
3,284
100.0%
Total
8
Background and Methodology
End Notes
1 Registered new homes includes: single detached and multi-unit homes enrolled in home warranty insurance, single detached homes constructed by an owner builder not covered by home warranty insurance, and purpose-built rental units that are exempt from home warranty insurance. Before August 2016, calculations of registered new homes in this report excluded purpose-built rental units. 2 Registered new single detached homes includes new single detached homes enrolled with home warranty insurance or with Owner Builder Authorizations issued by the Registrar. 3 Registered new homes in multi-unit buildings (two or more dwelling units) include new homes enrolled with home warranty insurance and new homes in purpose-built rental buildings with a home warranty insurance exemption. Before August 2016, calculations of registered new homes in multi-unit buildings in this report excluded purpose-built rental units. 4 The trend analysis with moving average is based on a twelve-month and 36-month simple moving average of the monthly new home registration data. Data are not seasonally adjusted. 5 Purpose-built rental refers to new rental homes in multi-unit buildings that qualify for exemption from home warranty insurance. These exempted homes must be constructed for rental purposes, including social housing, and have a restrictive covenant registered on title restricting the sale of any dwelling unit for a 10-year period. Rental homes with a covenant may however be captured under “enrolled new multi- unit homes” if the unit is voluntarily enrolled with home warranty insurance. 6 Selected cities are the 10 cities that had the highest numbers of registered new homes in the reference month. 7 The five regional districts with the highest numbers of registered new homes in the reference month. 8 Owner-built homes refers to Owner Builder Authorizations issued by the Registrar. New homes built under an Owner Builder Authorization are exempt from licensing and home warranty insurance. 9 Selected cities are the 10 cities that had the highest numbers of registered single detached homes in Metro Vancouver in 2024. 10 Enrolled new multi-unit homes refers to new homes in multi-unit buildings (two or more dwelling units) enrolled with home warranty insurance. 11 Building size is measured by number of dwelling units, which is equivalent to new homes. 12 In this report, the five year average is the average of the most recently completed five years.
BC Housing is responsible for the administration of the Homeowner Protection Act , with a mandate to help bring about improvements in the quality of residential construction and increase consumer protection for buyers of new homes in British Columbia (B.C.). Under the Act, all new homes in the province must be registered with BC Housing. The registration of new homes in the public registry must occur prior to the issuance of building permits and housing starts. The new homes registry data measures residential construction activities at the beginning of a project before construction commences. Therefore, information in the Monthly New Homes Registry Report is a leading indicator of housing activity in B.C. New home registration data is collected from Licensed Residential Builders and owner builders through the New Home Registration forms and Owner Builder Authorization applications. Over time, some minor adjustments may be made to the new home registration data as registrations are withdrawn or cancelled from home warranty insurance. This report provides information on registered new homes by building type, building size, and building location. Figures for registered new homes include both multi-unit and single detached new homes enrolled with home warranty insurance, Owner Builder Authorizations, and, since the August 2016 report, purpose-built rental buildings that are exempt from home warranty insurance. CSA-approved manufactured homes (modular homes, mobile homes and factory-built homes), floating homes, non-stratified hotels, motels, dormitories and care facilities are excluded from the definition of new home and are not reflected in the report. Geographical terms in this publication are based on Statistics Canada’s 2006 Census area. In February 2009, the regional district of Comox-Strathcona was replaced by two successor regional districts, Comox Valley and Strathcona. Research In collaboration with BC Housing, the Bank of Canada conducted a study in 2016 to assess whether or not new home registration data can be used as a leading indicator for economic activity in B.C. Study findings reveal that quarterly increases in new registrations for single detached homes have statistically significant predictive content for growth in real Gross Domestic Product (GDP) over the next one to three quarters, providing stronger signals compared to housing starts and building permits over this forecast horizon. To view the report, go to the Staff Discussion Papers section on the Bank of Canada’s website.
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