Purpose-built Rental Highlights In the first seven months of 2025, 16,508 purpose-built rental units 5 were registered in B.C. Compared with the same period in 2024, the number of registered rental units increased 59.5%. So far in 2025, rental units 5 represented 57.2% of all multi-unit registrations. This month 2,493 rental units were registered 12 . Compared with July 2024, the number of rental units registered increased 139.0%. Using a 12-month moving average 4 , there were 2,052 rental units registered 5 in July, trending at a 6.3% increase from June. Using a 36-month moving average 4 , there were 1,630 rental units registered 5 in July, which is a 1.2% increase from June. There were 36 rental buildings registered 5 in July. Most of these were buildings of 5 to 50 units (36.1%) and buildings of 51 to 100 units (27.8%). The largest building of 215 units was proposed to be built in North Vancouver*. In July, Abbotsford (551), North Vancouver* (520) and Vancouver (408) had the largest number of rental units registered 5 in B.C.
Figure 11: Purpose-built Rental Units 5 , July 2025
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Figure 12: Purpose-built Rental Buildings 5 by Building Size 11 , July 2025
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Figure 13: Purpose-built Rental Units 5 by 12-Month and 36-Month Moving Averages 4 , July 2025
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