New Homes Registry Report – April 2026

Purpose-built Rental Highlights  In the first four months of 2026, 9,162 purpose-built rental units 6 were registered in B.C. Compared with the same period in 2025, the number of registered rental units increased 0.5%.  So far in 2026, rental units 6 represented

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

3,500

3,000

2,500

2,000

62.1% of all multi-unit registrations.  This month 1,422 rental units were

1,500

registered 12 . Compared with April 2025, the number of rental units registered decreased 49.0%.  Using a 12-month moving average 5 , there were 2,184 rental units registered 6 in April, trending at a 4.9% decrease from March.  Using a 36-month moving average 5 , there were 1,873 rental units registered 6 in April, which is a 0.8% decrease from March.  There were 16 rental buildings registered 6 in April. Most of these were buildings of 5 to 50 units (43.8%) and buildings of more than 100 units (31.3%). The largest building of 480 units was proposed to be built in Burnaby.  In April, Burnaby (480), Nanaimo (198), and Penticton (182) 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 , April 2026

15

10

7

5

5

3

1

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 , April 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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