Enrolled Multi-unit Highlights • In the first two months of 2025, 4,772 new multi-unit homes were enrolled 10 in B.C. Compared with the same period in 2024, multi-unit enrollments increased 50.3%. • In February, 2,581 multi-unit homes were enrolled 10 . Compared with February 2024, the number of multi-unit enrollments decreased 3.0%. • Using a 12-month moving average 4 , there were 1,955 new multi-unit enrolled homes 10 in February, trending at a 0.3% decrease from January. • Using a 36-month moving average 4 , there were 1,924 new multi-unit enrolled homes 10 in February, which is effectively unchanged from January with a 0.2% decrease. • There were 233 new multi-unit buildings enrolled 10 in February. Most of these were duplexes (58.8%), quadplexes (14.6%) and buildings of 5 to 50 units (14.6%). The largest building of 396 units was proposed to be built in Surrey. • In February, Surrey (1,135), Coquitlam (437) and Port Coquitlam (311) had the largest number of multi-unit enrolled homes 10 in B.C.
Figure 8: Enrolled Homes in Multi-unit Buildings 10 , February 2025
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Jan Feb Mar Apr May Jun Jul
Aug Sep Oct Nov Dec
2024
2025
5-year average
Figure 9: Enrolled Multi-unit Buildings 10 by Building Size 11 , February 2025
160
137
140
120
100
80
60
34
34
40
16
20
6
6
0
Duplex
Triplex
Quadplex
5-50 Units 51-100 Units >100 Units
Figure 10: Enrolled Homes in Multi-unit Buildings 10 by 12-Month and 36-Month Moving Averages 4 , February 2025
4,500
4,000
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
4
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