Purpose-built Rental Highlights In the first ten months of 2025, 21,734 purpose-built rental units 5 were registered in B.C. Compared with the same period in 2024, the number of registered rental units increased 55.1%. So far in 2025, rental units 5 represented 59% of all multi-unit registrations. This month 1,646 rental units were registered 12 . Compared with October 2024, the number of rental units registered increased 12.4%. Using a 12-month moving average 4 , there were 2,182 rental units registered 5 in October, trending at a 0.7% increase from September. Using a 36-month moving average 4 , there were 1,707 rental units registered 5 in October, which is a 2.1% increase from September. There were 25 rental buildings registered 5 in October. Most of these were buildings of 5 to 50 units (40.0%) and of 51 to 100 units (28.0%). The largest building of 221 units was proposed to be built in Kelowna. In October, Vancouver (450), Kelowna (361) and Victoria (162) had the largest number of rental units registered 5 in B.C.
Figure 11: Purpose-built Rental Units 5 , October 2025
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Figure 12: Purpose-built Rental Buildings 5 by Building Size 11 , October 2025
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Figure 13: Purpose-built Rental Units 5 by 12-Month and 36-Month Moving Averages 4 , October 2025
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Enrollments by Month
12-Month Moving Average
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