October2021
metrovancouver
WOODFRAME completions
• InQ32021,thenumberofwoodframepre-salehomesthatcompletedwas1,984.
• In2020,constructioncompletedon3,730woodframehomes.Anestimated6,151homes(with95%curentlysold)areexpectedtocompletebytheendof2021.
• By2025,anestimated9,084woodframehomesareexpectedtocomplete(85%ofwhicharecurentlysold).
▶ WOODRAMEPROJECTS,YETTOBECOMPLETED
squamish
●ACTIVE/SOLDOUT ●CONTEMPLATED
©Mapbox©OSM
©2021Mapbox©OpenStreetMap
▶ EXPECTEDFUTUREWOODFRAMECOMPLETIONS
2021 homes %sold
2022 homes %sold
2023 homes %sold
2024 homes %sold
2025 homes %sold
total homes %sold
contemplated
Submarket
Abbotsford/Mision Burnaby CentralSurey/N.Delta Coquitlam/PortMoody Langley/Cloverdale NewWestminster NorthVancouver PortCoquitlam Richmond Ridge-Meadows SouthDelta SouthSurey/WhiteRock Squamish VancouverDowntown
441
65%
404 352 917 173 198
89% 35% 85% 14% 30% 98% 95% 80% 69% 92%
264 639
91% 64% 96% 82% 39% 88% 14% 30% 97% 91% 87% 68% 73%
2,935 2,439 1,732 1,472 2,280 433 1,524 221 6,731 3,809 9,392 945 5,151
655 600 643 53
99% 89% 92% 100%
339 162 383 38
92% 73% 94% 16%
681 251 117
99% 99% 97%
2,079 1,365 2,060
22 53
22 53
58
93%
269 49 164
193 223 39
92% 40% 92%
358 384 24 541 272 261
79
35%
24
96%
67 172
76% 67%
52
83%
183 160
100% 55%
108
83%
29 345
28% 87%
64 197
77% 82%
220 542
31% 98%
1,461 994
VancouverEast VancouverWest WestVancouver total
127
9%
1,572
89%
3,214
83%
2,719
88%
1,471
80%
108
83%
9,084
85%
41,519
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