Analyzing recent figures, it's clear we're seeing a notable decline in new home construction across B.C. this year. Single-detached home registrations have fallen to 2,517, compared to the five-year average of 4,146. Multi-unit building registrations are also down, now at 19,994 from 22,347. Metro Vancouver continues to account for the largest share of single-detached construction at 36.6%. With over two decades spent consulting and a master's degree in business, I closely monitor these shifts in the Greater Vancouver housing market to provide clients with a comprehensive, data-driven perspective.
Continue to full article
Leave a Reply