New Homes Registry Report – March 2026

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

0

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

15

12

10

10

6

5

5

0

0

0

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

0

Enrollments by Month

12-Month Moving Average

36-Month Moving Average

5

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