New Homes Registry Report – March 2026

March 2026

British Columbia’s Monthly NEW HOMES REGISTRY REPORT Leading Housing Market Indicator for B.C. Registered new homes data are a leading indicator of housing and economic 1 activity in British Columbia. The Monthly New Homes Registry Report provides information on registered new homes by building type, building size and location, and is intended for use by the residential construction industry, real estate community and researchers. General Highlights Figure 1: Registered New Homes 2 by Building Type, 2002–2026 Year-to-Date

 In the first three months of 2026, 13,810 new homes were registered 2 in B.C., including 1,242 single detached 3 and 12,568 multi-unit homes 4 .  So far in 2026, total home registrations 2 are down 10.5% from 2025. Registrations for multi-unit homes 4 decreased 9.1%, while registrations for single detached homes decreased 22.2% 3 .  In March, 4,981 new homes were registered 2 in B.C., a 10.0% decrease compared with March 2025.  Using a 12-month moving average 5 , there were 3,853 new registered homes 2 in March, a 1.2% decrease from February for all registered new homes.  Metro Vancouver accounted for 60.4% of all new homes registered 2 in March. Vancouver (831), Burnaby (636) and Surrey (382) were the top three cities in registered new homes this month.  In March, there were more multi-unit homes registered than single detached homes in Port Coquitlam, Princeton, Rossland, Saanich, Port Moody, Sidney, Peachland, Kamloops, Sechelt, Burnaby, Abbotsford, Coquitlam, Furry Creek, Langford, Salmon Arm, Smithers, Surrey, Invermere, Vancouver, Pemberton, Kelowna, Lumby, West Vancouver, Nanaimo, Langley*, Richmond, Sooke, Pitt Meadows, Revelstoke, Prince George, Victoria, Delta*, Duncan, North Vancouver*, Gibsons, and Fernie.  So far in 2026, 7,908 purpose-built rental units 6 were registered in B.C. Compared with the same period in 2025, the number of registered rental units increased 24.9%. *Langley includes the City of Langley and the Township of Langley. North Vancouver includes the City of North Vancouver and the District of North Vancouver. Delta includes City of Delta and Tsawwassen First Nation Lands.

60,000

50,000

40,000

30,000

20,000

10,000

Single Detached Homes

Homes in Multi-unit Buildings

Total

Figure 2: Registered New Homes 2 by Building Type and Selected City 7 , March 2026

Vancouver

772

Burnaby

612

Surrey

356

Abbotsford

336

Kamloops

338

Port Moody

342

Coquitlam

269

Homes in Multi-unit Buildings Single Detached Homes

Kelowna

181

Port Coquitlam

200

Sidney

180

100

200

300 400 500 600 700 800 900

Figure 3: Registered New Homes 2 by Regional District 8 , March 2026

Number of Single Detached Homes 3 Regional % Share of Provincial Total

Number of Homes in Multi-unit Buildings 4 Regional % Share of Provincial Total

Regional District

9 1.7%

338 7.6%

Thompson-Nicola

25 4.9%

272 6.1%

Central Okanagan

41 8.0%

340 7.6%

Fraser Valley

209 40.6%

2,798 62.7%

Metro Vancouver

41 8.0%

265 5.9%

Capital

Single Detached Highlights  In the first three months of 2026, 1,242 new single detached homes were registered 3 in B.C. Compared with the same period in 2025, single detached registrations decreased 22.2%.  In March, 515 single detached homes were registered 3 . Compared with March 2025, the number of single detached registrations decreased 7.0%.  Using a 12-month moving average 5 , there were 428 new single detached registered homes 3 in March, trending at a 0.8% decrease from February.  Using a 36-month moving average 5 , there were 467 new single detached registered homes 3 in March, which is a 0.6% decrease from February.  Vancouver (59), Delta* (34) and Surrey (26) had the largest number of single detached homes registered 3 in March.

Figure 4: Registered Single Detached Homes 3 , March 2026

1,200

1,000

800

600

400

200

Jan Feb Mar Apr May Jun Jul

Aug Sep Oct Nov Dec

2025

2026

5-year average

Figure 5: Registered Owner-built Homes 9 , 2002 –2026 Year-to-Date

0 1,000 2,000 3,000 4,000 5,000

1981 66

Figure 6: Registered Single Detached Homes 3 by Selected City 10 in Metro Vancouver, 2025-2026 Year-to-Date

149

Coquitlam Richmond Langley Burnaby Delta Surrey Vancouver

222

156

56 56

2026 YTD 2025 YTD

31 31

17 17

Maple Ridge West Vancouver North Vancouver

100

150

200

250

Figure 7: Registered Single Detached Homes 3 in Metro Vancouver, 2002–2026 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

Enrolled Multi-unit Highlights  In the first three months of 2026, 4,660 new multi-unit homes were enrolled 11 in B.C. Compared with the same period in 2025, multi-unit enrollments decreased 37.9%.  In March, 1,629 multi-unit homes were enrolled 10 . Compared with March 2025, the number of multi-unit enrollments decreased 41.3%.  Using a 12-month moving average 5 , there were 1,113 new multi-unit enrolled homes 11 in March, trending at a 7.9% decrease from February.  Using a 36-month moving average 5 , there were 1,596 new multi-unit enrolled homes 11 in March, which is a 0.2% increase from February.  There were 303 new multi-unit buildings enrolled 11 in March. Most of these buildings were duplexes (59.1%), and Quadplexes (18.2%). The largest building of 181 units was proposed to be built in Surrey.  In March, Surrey (329), Coquitlam (269), and Vancouver (227) had the largest number of multi-unit enrolled homes 11 in B.C.

Figure 8: Enrolled Homes in Multi-unit Buildings 11 , March 2026

1,000 1,500 2,000 2,500 3,000 3,500 4,000

0 500

Jan Feb Mar Apr May Jun Jul

Aug Sep Oct Nov Dec

2025

2026

5-year average

Figure 9: Enrolled Multi-unit Buildings 11 by Building Size 12 , March 2026

100 120 140 160 180 200

179

0 20 40 60 80

Duplex

Triplex

Quadplex 5-50 Units 51-100 Units >100 Units

Figure 10: Enrolled Homes in Multi-unit Buildings 11 by 12-Month and 36-Month Moving Averages 5 , March 2026

4,500

4,000

3,500

3,000

2,500

2,000

1,500

1,000

500

Enrollments by Month

12-Month Moving Average

36-Month Moving Average

Purpose-built Rental Highlights  In the first three months of 2026, 7,908 purpose-built rental units 6 were registered in B.C. Compared with the same period in 2025, the number of registered rental units increased 24.9%.  So far in 2026, rental units 6 represented

Figure 11: Purpose-built Rental Units 6 , March 2026

3,500

3,000

2,500

2,000

62.9% of all multi-unit registrations.  This month 2,837 rental units were

1,500

registered 12 . Compared with March 2025, the number of rental units registered increased 28.7%.  Using a 12-month moving average 5 , there were 2,312 rental units registered 6 in March, trending at a 2.3% increase from February.  Using a 36-month moving average 5 , there were 1,893 rental units registered 6 in March, which is a 2.9% increase from February.  There were 33 rental buildings registered 6 in March. Most of these were buildings of 51 to 100 units (36.4%), and buildings of more than 100 units (30.3%). The largest building of 338 units was proposed to be built in Burnaby.  In March, Burnaby (556), Vancouver (545), and Port Moody (342) had the largest number of rental units registered 6 in B.C.

1,000

500

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 , March 2026

Duplex

Triplex

Quadplex

5-50 Units 51-100 Units >100 Units

Figure 13: Purpose-built Rental Units 6 by 12-Month and 36-Month Moving Averages 5 , March 2026

3,500

3,000

2,500

2,000

1,500

1,000

500

Enrollments by Month

12-Month Moving Average

36-Month Moving Average

Data Tables

Table 1: Registered New Homes², 2002 to 2026

Registered New Single Detached Homes 3

Registered New Homes in Multi-unit Buildings 4

Calendar Year

Purpose-built Rental 6

Single Detached Homes Enrolled with Home Warranty Insurance

Owner Builder Authorizations 9

Homes in Multi-unit Buildings with Home Warranty Insurance 11

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

9,179

3,268

12,075

2,178

11,498

3,507

16,338

2,542

11,746

3,666

19,732

2,654

11,619

3,854

23,211

1,945

10,837

4,124

23,393

1,488

9,995

3,959

25,294

1,688

7,848

3,373

14,924

801

7,176

2,749

6,747

1,783

8,432

3,199

13,949

1,716

7,407

2,596

14,498

1,371

6,912

2,445

16,279

1,948

6,535

2,067

15,803

2,951

8,886

2,335

15,929

2,962

8,846

2,549

17,899

4,736

10,625

2,211

22,749

5,272

11,002

1,136

20,411

9,406

9,469

1,173

25,866

7,724

7,468

960

21,153

13,308

8,129

984

13,144

9,146

10,325

1,085

26,955

13,255

7,340

932

26,928

14,663

5,356

692

19,203

19,370

4,978

582

21,573

18,577

4,872

623

16,195

26,162

2025 YTD 2026 YTD

1,399

198

7,498

6,331

1,076

166

4,660

7,908

Table 2: Registered New Homes 2 , 2025 to 2026 and 5-year Average, Monthly

Registered New Single Detached Homes 3

Registered New Homes in Multi-unit Buildings 4

Month

2026

2025

5-year Average 13

2026

2025

5-year Average 13

Jan

312

486

577

3,998

4,165

3,050

Feb

415

557

657

4,104

4,686

3,784

Mar

515

554

796

4,466

4,978

3,997

Apr

486

731

4,383

3,981

May

475

699

4,408

3,380

Jun

485

701

2,769

4,235

Jul

476

578

3,615

3,101

Aug

391

589

2,408

3,125

Sep

421

534

2,574

3,093

Oct

422

526

2,914

2,881

Nov

362

507

3,091

3,246

Dec

379

462

2,366

2,702

Table 3: Registered New Homes in Multi-unit Buildings 4 , 2025 to 2026, Monthly

Enrolled New Homes in Multi- unit Buildings 11

Registered New Homes in Multi-Unit Buildings 4

Purpose-built Rental 6

Month

2026

2025

2026

2025

2026

2025

Jan

900

2,174

3,098

1,991

3,998

4,165

Feb

2,131

2,551

1,973

2,135

4,104

4,686

Mar

1,629

2,773

2,837

2,205

4,466

4,978

Apr

1,597

2,786

4,383

May

1,460

2,948

4,408

Jun

801

1,968

2,769

Jul

887

2,728

3,615

Aug

771

1,637

2,408

Sep

884

1,690

2,574

Oct

1,083

1,831

2,914

Nov

478

2,613

3,091

Dec

736

1,630

2,366

Table 4: Registered New Homes 2 by Regional District, March 2026

Registered New Single Detached Homes 3

Registered New Homes in Multi-unit Buildings 4

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

Alberni-Clayoquot

0.8%

0.0%

0.1%

Bulkley-Nechako

0.4%

Capital

8.0%

265

5.9%

306

6.1%

Cariboo

1.0%

0.0%

0.1%

Central Coast

0.2%

0.0%

Central Kootenay

3.5%

0.0%

0.4%

Central Okanagan

4.9%

272

6.1%

297

6.0%

Columbia-Shuswap

2.9%

1.5%

1.6%

Comox Valley

3.1%

0.0%

0.3%

Cowichan Valley

2.1%

0.1%

0.3%

East Kootenay

5.4%

1.7%

102

2.0%

Fraser Valley

8.0%

340

7.6%

381

7.6%

Fraser-Fort George

2.5%

0.5%

0.7%

Kitimat-Stikine

0.4%

0.1%

Kootenay-Boundary

0.8%

1.2%

Metro Vancouver

209

40.6%

2,798

62.7%

3,007

60.4%

Mount Waddington

0.0%

Nanaimo

3.3%

0.9%

1.1%

North Okanagan

3.1%

0.4%

0.7%

Northern Rockies

0.0%

Okanagan-Similkameen

2.5%

1.5%

1.6%

Peace River

0.2%

0.0%

Powell River

0.6%

0.0%

0.1%

Skeena-Queen Charlotte

0.0%

Squamish-Lillooet

1.6%

0.6%

0.7%

Stikine

0.0%

Strathcona

1.0%

0.1%

0.2%

Sunshine Coast

1.6%

1.2%

Thompson-Nicola

1.7%

338

7.6%

347

7.0%

Total

515

100.0%

4,466

100.0%

4,981

100.0%

Background and Methodology

End Notes

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 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.

1 Bank of Canada, 2016. New Housing Registrations as a Leading Indicator of the B.C. Economy. Details are available here. 2 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. 3 Registered new single detached homes includes new single detached homes enrolled with home warranty insurance or with Owner Builder Authorizations issued by the Registrar. 4 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. 5 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. 6 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. 7 Selected cities are the 10 cities that had the highest numbers of registered new homes in the reference month. 8 The five regional districts with the highest numbers of registered new homes in the reference month. 9 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. 10 Selected cities are the 10 cities that had the highest numbers of registered single detached homes in Metro Vancouver in 2023. 11 Enrolled new multi-unit homes refers to new homes in multi-unit buildings (two or more dwelling units) enrolled with home warranty insurance. 12 Building size is measured by number of dwelling units, which is equivalent to new homes. 13 In this report, the five year average is the average of the most recently completed five years.

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