HOUSING CHOICES context measure

Two ways of measuring the composition of housing development are by housing type and house tenure. Housing types include ground-oriented dwellings (houses, townhouse), apartments, and row houses. Housing tenure means whether the dwelling unit is owned (freehold or condominium) or rented. Having a diversity of housing by type and tenure ensures residents have access to housing suitable and desirable to their life stage and income.

Metro 2040 vision
New housing built is diverse in tenure
observing
In 2011, 65% of private, occupied dwellings were owner-occupied (582,400 units) and 35% were renter-occupied (307,200 units).

New Dwelling Unit Completions by Tenure

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Purpose Built Rental Apartment Rents

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Metro 2040 vision
New housing built is diverse in type
observing
In 2014-15, 63% of housing growth was apartments, 21% was ground-oriented (including single family houses and duplexes), and 16% was row houses.

New Dwelling Unit Completions by Type

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Housing Price Index

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Greater Vancouver Real Estate Board (GVREB) Area includes Vancouver, North Vancouver, West Vancouver, Burnaby, New Westminster, Richmond, Coquitlam, Port Coquitlam, Port Moody, Maple Ridge and Pitt Meadows. Fraser Valley Real Estate Board (FVREB) Area includes Surrey, White Rock, Langley, Delta, Abbosford, and Mission.