Standing inventory across BC has reached 6,700 homes—of which 5,500 are condos—reflecting the ongoing breadth of options for buyers across the province. The numbers tell a story beyond just Vancouver or Burnaby: while Burnaby leads with 1,210 unsold homes and Vancouver follows with 1,020, we’re seeing significant inventory in places like Surrey (798), Coquitlam (620), Richmond (396), Kelowna (372), Langley Township (276), New Westminster (224), and Delta (211). Even outside the biggest urban centres, cities such as Langford (188), Esquimalt (173), North Vancouver (135), Abbotsford (118), and Chilliwack (100) contribute to a provincewide total of 5,840 in these listed cities. As someone who’s lived and worked throughout the Cowichan Valley, I always keep an eye on how trends in larger markets influence the opportunities and choices right here at home. While it’s easy to assume that unsold presale homes are mostly studios or one-bed units, broader data on home size and average price suggests the story is more nuanced. Understanding where inventory sits—and what it means for our community—helps me guide clients to the right fit, whether they’re buying, selling, or simply exploring what’s out there in this ever-changing market.
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