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Vancouver Rental Housing Enters Peak Expansion

Apartment Unit Completions Only Just Start To Ramp Up, Still Short of Needed Supply

The Stainsbury added 80 new units to the rental inventory in Vancouver this summer. (Justin Eckersall/CoStar Group)
The Stainsbury added 80 new units to the rental inventory in Vancouver this summer. (Justin Eckersall/CoStar Group)

The Vancouver region added 747 rental units in rental housing inventory in the month of July, according to the Canada Mortgage and Housing Corporation, 4.6% more than June and a 43.5% gain in year-to-date totals over the same time in 2023.

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